Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.117%
Price spread now: MEXC against BingX+0.022%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$660.665% of the position
Funding, last 7 days+0.624%+$62 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.022%, 7d avg +0.040%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CAP-USDT | 0.04552 | 0.0100 | pay 0.0050% / 4h | 2h 55m | — | $1.6M | — |
| Short | MEXC CAP_USDT | 0.04553 | 0.0100 | get 0.0050% / 4h | 2h 55m | $528K | $227K | 20x |
BingX CAP-USDT
MEXC CAP_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
- $0
- Price spread: +0.022% → +0.040%
- −$1.78
- Slippage, 4 orders
- −$48.45
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$68.23
- Costs to cover
- 0.665%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 4 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, 6 min ago | 4.37 bp | 21.0 bp −$21 | 81.6 bp −$816 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.09 bp | 9.7 bp −$10 | 37.1 bp −$371 | 234.5 bp −$23.5K | 805.6 bp −$402.8K |
CAP on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAPUSDTM | −0.0922% | 4h | 0.04546 | −0.132% | $4.4M | $1.4M | 10x | as long as short |
| OKX CAP-USDT-SWAP | −0.0663% | 4h | 0.04538 | −0.308% | $2.1M | $6.9M | 10x | as long as short |
| Variational Omni CAP | −0.0171% | 4h | 0.04557 | +0.105% | $8K | $8K | — | as long as short |
| Bybit CAPUSDT | −0.0159% | 4h | 0.04552 | 0.000% | $4.4M | $4.1M | 10x | as long as short |
| Bitget CAPUSDT | −0.0146% | 4h | 0.04537 | −0.330% | $1.0M | $585K | 10x | as long as short |
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04553 | +0.017% | $493 | — | 150x | as long as short |
| BloFin CAP-USDT | +0.0041% | 4h | 0.04567 | +0.330% | $376K | $59K | 10x | as long as short |
| Lighter CAP | +0.0096% | 1h | 0.04555 | +0.059% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04555 | +0.063% | $25K | $66K | 5x | as long as short |
| Binance CAPUSDT | +0.0100% | 4h | 0.04551 | −0.013% | $8.9M | $8.7M | 10x | as long as short |
KuCoin CAPUSDTM
OKX CAP-USDT-SWAP
Variational Omni CAP
Bybit CAPUSDT
Bitget CAPUSDT
gTrade (Gains Network) CAP/USD
BloFin CAP-USDT
Lighter CAP
Aster CAPUSDT
Binance CAPUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CAP_USDT | +0.0100% | 4h | 0.04551 | −0.022% | $329K | $1.1M | 20x | as long as short |
| MEXC CAP_USDTshort | +0.0100% | 4h | 0.04553 | +0.022% | $528K | $227K | 20x | |
| BingX CAP-USDTlong | +0.0100% | 4h | 0.04552 | long leg | — | $1.6M | — | |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04550 | −0.042% | $5K | $582 | 10x | as long as short |
Gate CAP_USDT
Orderly PERP_CAP_USDC_mythos