Funding you earn now, next payment 12:00 UTC−0.0694%/8h= −76.0% APRnext payment −$3.47 per $10,000 · paid last 24h −0.008%
Price spread now: MEXC against BingX−0.183%7-day average −0.138% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)−0.283%−$28 · spread now −0.183%, 7d avg −0.138%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and MEXC is 0.045% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.138%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.47 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 COPPERINU-USDT | 0.003275 | 0.0400 | pay 0.0200% / 4h | 3h 10m | — | $364K | — |
| Short | MEXC COPPERINU_USDT | 0.003269 | −0.0294 | pay 0.0147% / 4h | 3h 10m | $44K | $136K | 20x |
BingX COPPERINU-USDT
MEXC COPPERINU_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
- −$145.74
- Price spread: −0.183% → −0.138%
- −$4.48
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- −$180.22
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 4 min ago; MEXC: live order book, 60 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 BingX live order book, 4 min ago | 194.44 bp | 680.6 bp −$681 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 60 min ago | 70.84 bp | 800.7 bp −$801 | doesn't fit | doesn't fit | doesn't fit |
COPPERINU 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 COPPERINU_USDTshort | −0.0294% | 4h | 0.003269 | −0.183% | $44K | $136K | 20x | |
| BingX COPPERINU-USDTlong | +0.0400% | 4h | 0.003275 | long leg | — | $364K | — |