Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.48 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against MEXC+0.037%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1101.102% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now +0.037%, 7d avg +0.013%
=The price spread pays, funding is against you. BingX is 0.025% dearer against MEXC than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of +0.013%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BULLA_USDT | 0.1067 | 0.1752 | pay 0.0876% / 4h | 2h 26m | $7.7M | $423K | 20x |
| Short | BingX BULLA-USDT | 0.1068 | 0.1656 | get 0.0828% / 4h | 2h 26m | — | $6.6M | — |
MEXC BULLA_USDT
BingX BULLA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- −$20.16
- Price spread: +0.037% → +0.013%
- $2.46
- Slippage, 4 orders
- −$96.24
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$127.94
- Costs to cover
- 1.102%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 5 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 MEXC live order book, 1 min ago | 0.47 bp | 17.7 bp −$18 | 55.2 bp −$552 | 252.7 bp −$25.3K | doesn't fit |
| Sell BingX live order book, 5 min ago | 2.82 bp | 30.6 bp −$31 | 126.1 bp −$1,261 | 979.8 bp −$98.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BULLA_USDT | +0.0100% | 4h | 0.1071 | +0.318% | $1.3M | $230K | 10x | as long as short |
| Aster BULLAUSDT | +0.0458% | 4h | 0.1064 | −0.322% | $6.0M | $1.0M | 5x | as long as short |
| BingX BULLA-USDTshort | +0.1656% | 4h | 0.1068 | +0.037% | — | $6.6M | — | |
| MEXC BULLA_USDTlong | +0.1752% | 4h | 0.1067 | long leg | $7.7M | $423K | 20x | |
| Binance BULLAUSDT | +0.1753% | 4h | 0.1067 | +0.005% | $11.6M | $9.2M | 10x | as long as short |
Gate BULLA_USDT
Aster BULLAUSDT
Binance BULLAUSDT