Funding you earn now, next payment 08:00 UTC+0.0250%/8h= +27.4% APRnext payment +$1.25 per $10,000 · paid last 24h −0.020%
Price spread now: BingX against MEXC+0.622%7-day average +0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)+0.683%+$68 · spread now +0.622%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.618% dearer against MEXC than usual: you sell high and buy low: +$62 more if the spread goes back to its 7-day average of +0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.138%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.25 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 CME_USDT | 0.004344 | −0.0282 | get 0.0141% / 4h | 3h 59m | $31K | $115K | 20x |
| Short | BingX CME-USDT | 0.004371 | −0.0032 | pay 0.0016% / 4h | 3h 59m | — | $1.0M | — |
MEXC CME_USDT
BingX CME-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
- $52.5
- Price spread: +0.622% → +0.003%
- $61.82
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $100.32
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 30 min ago; BingX: live order book, 5 min ago. Net counts fees only.
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, 30 min ago | 193.61 bp | 663.7 bp −$664 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 20.88 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
CME on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CME_USDTlong | −0.0282% | 4h | 0.004344 | long leg | $31K | $115K | 20x | |
| BingX CME-USDTshort | −0.0032% | 4h | 0.004371 | +0.622% | — | $1.0M | — |