Funding you earn now, next payment 04:00 UTC−0.0608%/8h= −66.6% APRnext payment −$3.04 per $10,000 · paid last 24h +0.011%
Price spread now: BingX against MEXC+0.120%7-day average +0.150% · you sell dearer than you buy
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)+0.346%+$35 · spread now +0.120%, 7d avg +0.150%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and BingX is 0.029% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.150%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.123%, so the current rate has only just turned against you.
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 −$3.04 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 COPPERINU_USDT | 0.002492 | 0.0400 | pay 0.0200% / 4h | 1h 37m | $32K | $119K | 20x |
| Short | BingX COPPERINU-USDT | 0.002495 | −0.0208 | pay 0.0104% / 4h | 1h 37m | — | $284K | — |
MEXC COPPERINU_USDT
BingX COPPERINU-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
- −$127.68
- Price spread: +0.120% → +0.150%
- −$2.91
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$160.59
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 63 min ago; BingX: live order book, 7 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, 63 min ago | 53.22 bp | 705.5 bp −$706 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 115.40 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX COPPERINU-USDTshort | −0.0208% | 4h | 0.002495 | +0.120% | — | $284K | — | |
| MEXC COPPERINU_USDTlong | +0.0400% | 4h | 0.002492 | long leg | $32K | $119K | 20x |