Funding you earn now, next payment 08:00 UTC−0.2011%/8h= −220.2% APRnext payment −$20.11 per $10,000 · paid last 24h −0.611%
Price spread now: MEXC against BingX−0.094%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$830.825% of the position
Funding, last 2 days (all we have)−0.743%−$74 on $10k
+Price spread, last 2 days (all we have)−0.015%−$2 · spread now −0.094%, 7d avg −0.045%
=Both sides work against this trade now: funding costs −$60 a day on $10k at the current rate, and MEXC is 0.049% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.045%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CELR-USDT | 0.003194 | −0.3556 | get 0.3556% / 8h | 6h 06m | — | $2.7M | — |
| Short | MEXC CELR_USDT | 0.003191 | −0.5567 | pay 0.5567% / 8h | 6h 06m | $521K | $1.6M | 50x |
BingX CELR-USDT
MEXC CELR_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
- −$422.31
- Price spread: −0.094% → −0.045%
- −$4.93
- Slippage, 4 orders
- −$68.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$509.76
- Costs to cover
- 0.825%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; MEXC: 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 BingX live order book, 13 min ago | 4.67 bp | 23.0 bp −$23 | 74.9 bp −$749 | 438.4 bp −$43.8K | 479.1 bp −$239.6K |
| Sell MEXC live order book, 5 min ago | 1.56 bp | 14.6 bp −$15 | 68.7 bp −$687 | 269.4 bp −$26.9K | 538.9 bp −$269.5K |
CELR on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELRUSD | −0.7928% | 1h | 0.003188 | −0.201% | $34K | $58K | 10x | as long as short |
| MEXC CELR_USDTshort | −0.5567% | 8h | 0.003191 | −0.094% | $521K | $1.6M | 50x | |
| Binance CELRUSDT | −0.5553% | 8h | 0.003193 | −0.031% | $3.7M | $51.0M | 25x | as long as short |
| KuCoin CELRUSDTM | −0.5369% | 8h | 0.003192 | −0.063% | $429K | $4.3M | 25x | as long as short |
| Bitget CELRUSDT | −0.5064% | 8h | 0.003193 | −0.031% | $599K | $5.1M | 25x | as long as short |
| Gate CELR_USDT | −0.4578% | 8h | 0.003196 | +0.063% | $221K | $1.3M | 25x | as long as short |
| BingX CELR-USDTlong | −0.3556% | 8h | 0.003194 | long leg | — | $2.7M | — |
Kraken Futures PF_CELRUSD
Binance CELRUSDT
KuCoin CELRUSDTM
Bitget CELRUSDT
Gate CELR_USDT