Funding you earn now, next payment 12:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.012%
Price spread now: MEXC against BingX+0.200%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$1071.070% of the position
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 7 days−0.199%−$20 · spread now +0.200%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.215% dearer against BingX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BULLA-USDT | 0.1050 | 0.0786 | pay 0.0393% / 4h | 3h 59m | — | $6.6M | — |
| Short | MEXC BULLA_USDT | 0.1052 | 0.0822 | get 0.0411% / 4h | 3h 59m | $7.7M | $427K | 20x |
BingX BULLA-USDT
MEXC BULLA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.56
- Price spread: +0.200% → −0.015%
- $21.5
- Slippage, 4 orders
- −$93
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$77.94
- Costs to cover
- 1.070%
- Break-even
- 79.2 days
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 7 min ago | 1.42 bp | 35.7 bp −$36 | 229.7 bp −$2,297 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.95 bp | 19.8 bp −$20 | 40.9 bp −$409 | 428.4 bp −$42.8K | doesn't fit |
BULLA on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BULLAUSDT | +0.0100% | 4h | 0.1052 | +0.155% | $5.8M | $1.0M | 5x | as long as short |
| BingX BULLA-USDTlong | +0.0786% | 4h | 0.1050 | long leg | — | $6.6M | — | |
| Gate BULLA_USDT | +0.0800% | 4h | 0.1057 | +0.608% | $1.3M | $366K | 10x | as long as short |
| Binance BULLAUSDT | +0.0817% | 4h | 0.1052 | +0.171% | $11.7M | $9.6M | 10x | as long as short |
| MEXC BULLA_USDTshort | +0.0822% | 4h | 0.1052 | +0.200% | $7.7M | $427K | 20x |
Aster BULLAUSDT
Gate BULLA_USDT
Binance BULLAUSDT