Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.34 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BingX−2.242%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 2.242% cheaper against BingX than usual: you would sell low and buy high (−$224 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COOL-USDT | 0.001338 | −0.0158 | get 0.0079% / 4h | 29m 41s | — | $317K | — |
| Short | MEXC COOL_USDT | 0.001308 | −0.0226 | pay 0.0113% / 4h | 29m 41s | $24K | $90K | 20x |
BingX COOL-USDT
MEXC COOL_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
- −$14.28
- Price spread: −2.242% → 0.000%
- −$224.22
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$252.5
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 14 min ago; MEXC: no order-book sample. 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 BingX live order book, 14 min ago | 88.56 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC no order-book sample | — | — | — | — | — |
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COOL on 3 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 COOL_USDTshort | −0.0226% | 4h | 0.001308 | −2.242% | $24K | $90K | 20x | |
| BingX COOL-USDTlong | −0.0158% | 4h | 0.001338 | long leg | — | $317K | — | |
| Gate COOL_USDT | +0.0100% | 4h | 0.001308 | −2.242% | $43K | $147K | 10x | as long as short |
Gate COOL_USDT