Settings8H · net · $10k
Funding arb · Price arb /

CROSS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.101%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1351.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 7 days+0.070%+$7 · spread now −0.101%, 7d avg −0.034%
Together, before fees+0.095%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.067% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CROSS_USDT0.14920.0100pay 0.0050% / 4h27m 46s$321K$159K100x
ShortBingX CROSS-USDT0.14900.0100get 0.0050% / 4h27m 46s$1.3M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.101% → −0.034%
−$6.69
Slippage, 4 orders
−$121.25
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$141.94
Costs to cover
1.352%
Break-even
never at this rate
Slippage from MEXC: live order book, 32 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 32 min ago0.67 bp39.5 bp −$3981.9 bp −$819266.5 bp −$26.7Kdoesn't fit
Sell BingX live order book, 3 min ago5.03 bp48.9 bp −$49162.8 bp −$1,628749.4 bp −$74.9K1377.1 bp −$688.5K

CROSS on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CROSSUSDT+0.0100%4h0.1492+0.007%$1.5M$3.1M40xas long as short
Bybit CROSSUSDT+0.0100%4h0.1490−0.107%$678K$677K20xas long as short
Gate CROSS_USDT+0.0100%4h0.14920.000%$185K$48K20xas long as short
MEXC CROSS_USDTlong+0.0100%4h0.1492long leg$321K$159K100x
KuCoin CROSSUSDTM+0.0100%4h0.1487−0.328%$272K$30K20xas long as short
Bitget CROSSUSDT+0.0100%4h0.1488−0.268%$1.3M$208K20xas long as short
BingX CROSS-USDTshort+0.0100%4h0.1490−0.101%$1.3M
Variational Omni CROSS+0.0100%4h0.1490−0.135%$684$2Kas long as short