Funding you earn now, next payment 08:00 UTC−0.0700%/8h= −76.6% APRnext payment −$3.50 per $10,000 · paid last 24h −0.130%
Price spread now: MEXC against BingX+0.068%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1151.151% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.068%, 7d avg +0.116%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and MEXC is 0.047% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.116%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CARV-USDT | 0.04391 | 0.0800 | pay 0.0400% / 4h | 1h 36m | — | $1.4M | — |
| Short | MEXC CARV_USDT | 0.04394 | 0.0100 | get 0.0050% / 4h | 1h 36m | $175K | $258K | 20x |
BingX CARV-USDT
MEXC CARV_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
- −$147
- Price spread: +0.068% → +0.116%
- −$4.72
- Slippage, 4 orders
- −$101.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$266.86
- Costs to cover
- 1.151%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 44 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, 10 min ago | 7.93 bp | 37.1 bp −$37 | 151.9 bp −$1,519 | 748.5 bp −$74.8K | 1273.4 bp −$636.7K |
| Sell MEXC live order book, 44 min ago | 1.13 bp | 19.6 bp −$20 | 99.9 bp −$999 | 262.6 bp −$26.3K | doesn't fit |
CARV on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CARV | +0.0080% | 4h | 0.04425 | +0.779% | $468 | $2K | — | as long as short |
| Binance CARVUSDT | +0.0100% | 4h | 0.04400 | +0.214% | $1.6M | $12.5M | 50x | as long as short |
| Bybit CARVUSDT | +0.0100% | 4h | 0.04391 | 0.000% | $1.0M | $2.9M | 20x | as long as short |
| Gate CARV_USDT | +0.0100% | 4h | 0.04396 | +0.114% | $116K | $154K | 20x | as long as short |
| MEXC CARV_USDTshort | +0.0100% | 4h | 0.04394 | +0.068% | $175K | $258K | 20x | |
| KuCoin CARVUSDTM | +0.0100% | 4h | 0.04409 | +0.410% | $171K | $44K | 20x | as long as short |
| Bitget CARVUSDT | +0.0100% | 4h | 0.04394 | +0.068% | $761K | $1.0M | 25x | as long as short |
| BingX CARV-USDTlong | +0.0800% | 4h | 0.04391 | long leg | — | $1.4M | — |
Variational Omni CARV
Binance CARVUSDT
Bybit CARVUSDT
Gate CARV_USDT
KuCoin CARVUSDTM
Bitget CARVUSDT