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: BingX against MEXC+0.074%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$750.750% of the position
Funding, last 7 days−0.441%−$44 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.074%, 7d avg +0.061%
=The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CP_USDT | 0.01352 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $1.5M | $368K | 20x |
| Short | BingX CP-USDT | 0.01353 | 0.0070 | get 0.0035% / 4h | 1h 22m | — | $1.0M | — |
MEXC CP_USDT
BingX CP-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
- −$6.3
- Price spread: +0.074% → +0.061%
- $1.27
- Slippage, 4 orders
- −$60.99
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$80.02
- Costs to cover
- 0.750%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 7 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 MEXC live order book, 3 min ago | 3.69 bp | 13.5 bp −$14 | 71.8 bp −$718 | 464.3 bp −$46.4K | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.70 bp | 28.1 bp −$28 | 95.1 bp −$951 | doesn't fit | 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-USDTshort | +0.0070% | 4h | 0.01353 | +0.074% | — | $1.0M | — | |
| BloFin CP-USDT | +0.0092% | 4h | 0.01354 | +0.148% | $413 | $36K | 20x | as long as short |
| Bybit CPUSDT | +0.0100% | 4h | 0.01352 | 0.000% | $1.5M | $2.3M | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01353 | +0.074% | $3.7M | $10.6M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01353 | +0.074% | $562K | $504K | 20x | as long as short |
| MEXC CP_USDTlong | +0.0100% | 4h | 0.01352 | long leg | $1.5M | $368K | 20x | |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01355 | +0.222% | $200K | $950K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01354 | +0.126% | $774K | $1.5M | 20x | as long as short |
BloFin CP-USDT
Bybit CPUSDT
OKX CP-USDT-SWAP
Gate CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT