Funding you earn now, next payment 00:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.84 per $10,000 · paid last 24h −0.381%
Price spread now: MEXC against BingX+0.328%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$440.442% of the position
Funding, last 6 days (all we have)−0.975%−$97 on $10k
+Price spread, last 4 days (all we have)−0.377%−$38 · spread now +0.328%, 7d avg −0.055%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.382% dearer against BingX than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of −0.055%. Mind the row above: over the last 6 days funding on this pair cost −0.975%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CVC-USDT | 0.02746 | −0.0182 | get 0.0091% / 4h | 57m 47s | — | $2.4M | — |
| Short | MEXC CVC_USDT | 0.02755 | −0.0014 | pay 0.0007% / 4h | 57m 47s | $657K | $120K | 20x |
BingX CVC-USDT
MEXC CVC_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
- $35.28
- Price spread: +0.328% → −0.055%
- $38.24
- Slippage, 4 orders
- −$30.22
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $29.3
- Costs to cover
- 0.442%
- Break-even
- 1.2 days
Slippage from BingX: live order book, 16 min ago; MEXC: live order book, 12 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, 16 min ago | 3.67 bp | 15.1 bp −$15 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 12 min ago | 1.82 bp | 9.0 bp −$9 | 29.2 bp −$292 | 170.6 bp −$17.1K | 562.2 bp −$281.1K |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0626% | 4h | 0.02752 | +0.218% | $213K | $313K | 25x | as long as short |
| BingX CVC-USDTlong | −0.0182% | 4h | 0.02746 | long leg | — | $2.4M | — | |
| Bitget CVCUSDT | −0.0178% | 4h | 0.02755 | +0.328% | $454K | $494K | 50x | as long as short |
| MEXC CVC_USDTshort | −0.0014% | 4h | 0.02755 | +0.328% | $657K | $120K | 20x | |
| Binance CVCUSDT | −0.0010% | 4h | 0.02754 | +0.308% | $3.0M | $5.7M | 50x | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02734 | −0.432% | $1K | $370 | — | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02755 | +0.328% | $1.4M | $411K | 30x | as long as short |
| Bybit CVCUSDT | +0.4355% | 1h | 0.02732 | −0.510% | $1.7M | $1.4M | 25x | as long as short |
Gate CVC_USDT
Bitget CVCUSDT
Binance CVCUSDT
Variational Omni CVC
KuCoin CVCUSDTM
Bybit CVCUSDT