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: BingX against MEXC−0.108%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.108%, 7d avg −0.119%
=The price spread sits at its 7-day average of −0.119%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.015% in total (about -0.8% 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 | MEXC CARV_USDT | 0.04626 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $154K | $197K | 20x |
| Short | BingX CARV-USDT | 0.04621 | 0.0800 | get 0.0400% / 4h | 3h 56m | — | $1.3M | — |
MEXC CARV_USDT
BingX CARV-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
- $147
- Price spread: −0.108% → −0.119%
- $1.07
- Slippage, 4 orders
- −$95.32
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $38.75
- Costs to cover
- 1.093%
- Break-even
- 5.2 days
Slippage from MEXC: live order book, 34 min ago; BingX: live order book, 20 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, 34 min ago | 4.43 bp | 20.4 bp −$20 | 98.4 bp −$984 | 247.6 bp −$24.8K | doesn't fit |
| Sell BingX live order book, 20 min ago | 9.63 bp | 32.0 bp −$32 | 142.7 bp −$1,427 | 633.9 bp −$63.4K | 1273.2 bp −$636.6K |
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 | −0.0113% | 4h | 0.04608 | −0.396% | $488 | $2K | — | as long as short |
| Bybit CARVUSDT | +0.0037% | 4h | 0.04592 | −0.735% | $1.1M | $2.2M | 20x | as long as short |
| Binance CARVUSDT | +0.0100% | 4h | 0.04615 | −0.238% | $1.9M | $9.2M | 50x | as long as short |
| Gate CARV_USDT | +0.0100% | 4h | 0.04620 | −0.130% | $119K | $129K | 20x | as long as short |
| MEXC CARV_USDTlong | +0.0100% | 4h | 0.04626 | long leg | $154K | $197K | 20x | |
| KuCoin CARVUSDTM | +0.0100% | 4h | 0.04622 | −0.086% | $183K | $45K | 20x | as long as short |
| Bitget CARVUSDT | +0.0100% | 4h | 0.04627 | +0.022% | $809K | $834K | 25x | as long as short |
| BingX CARV-USDTshort | +0.0800% | 4h | 0.04621 | −0.108% | — | $1.3M | — |
Variational Omni CARV
Bybit CARVUSDT
Binance CARVUSDT
Gate CARV_USDT
KuCoin CARVUSDTM
Bitget CARVUSDT