Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.146%
Price spread now: MEXC against BingX0.000%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days+0.441%+$44 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now 0.000%, 7d avg −0.062%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.062% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CP-USDT | 0.01365 | 0.0070 | pay 0.0035% / 4h | 27m 56s | — | $1.0M | — |
| Short | MEXC CP_USDT | 0.01365 | 0.0100 | get 0.0050% / 4h | 27m 56s | $1.5M | $363K | 20x |
BingX CP-USDT
MEXC CP_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
- $6.3
- Price spread: 0.000% → −0.062%
- $6.24
- Slippage, 4 orders
- −$49.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$50.5
- Costs to cover
- 0.630%
- Break-even
- 63.1 days
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 3 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, 2 min ago | 7.34 bp | 25.4 bp −$25 | 106.0 bp −$1,060 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.67 bp | 6.4 bp −$6 | 46.8 bp −$468 | 404.8 bp −$40.5K | doesn't fit |
CP on 8 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 CP-USDTlong | +0.0070% | 4h | 0.01365 | long leg | — | $1.0M | — | |
| Bybit CPUSDT | +0.0100% | 4h | 0.01365 | 0.000% | $1.5M | $2.3M | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01365 | 0.000% | $3.8M | $10.7M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01365 | 0.000% | $567K | $509K | 20x | as long as short |
| MEXC CP_USDTshort | +0.0100% | 4h | 0.01365 | 0.000% | $1.5M | $363K | 20x | |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01367 | +0.147% | $192K | $929K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01366 | +0.073% | $785K | $1.5M | 20x | as long as short |
| BloFin CP-USDT | +0.0151% | 4h | 0.01364 | −0.073% | $415 | $37K | 20x | as long as short |
Bybit CPUSDT
OKX CP-USDT-SWAP
Gate CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT
BloFin CP-USDT