Funding you earn now, next payment 12:00 UTC+0.0482%/8h= +52.8% APRnext payment +$2.41 per $10,000 · paid last 24h +0.211%
Price spread now: BingX against MEXC−0.073%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs+$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$550.546% of the position
Funding, last 7 days+3.216%+$322 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.073%, 7d avg +0.035%
=Funding pays, the price is against you. BingX is 0.108% cheaper against MEXC than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of +0.035%). If the spread goes back, that is −$11 on $10k: about 18 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+3.216% in total) that is about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CVC_USDT | 0.02728 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $680K | $140K | 20x |
| Short | BingX CVC-USDT | 0.02726 | 0.0582 | get 0.0291% / 4h | 3h 38m | — | $2.4M | — |
MEXC CVC_USDT
BingX CVC-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
- $101.22
- Price spread: −0.073% → +0.035%
- −$10.83
- Slippage, 4 orders
- −$40.58
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $35.8
- Costs to cover
- 0.546%
- Break-even
- 4.5 days
Slippage from MEXC: live order book, 51 min ago; BingX: live order book, 10 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, 51 min ago | 1.86 bp | 7.9 bp −$8 | 33.3 bp −$333 | 190.8 bp −$19.1K | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.49 bp | 17.7 bp −$18 | 69.1 bp −$691 | 742.1 bp −$74.2K | 1311.6 bp −$655.8K |
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 | +0.0080% | 4h | 0.02729 | +0.037% | $196K | $317K | 25x | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02723 | −0.181% | $2K | $1K | — | as long as short |
| Binance CVCUSDT | +0.0100% | 4h | 0.02727 | −0.035% | $2.8M | $5.9M | 50x | as long as short |
| MEXC CVC_USDTlong | +0.0100% | 4h | 0.02728 | long leg | $680K | $140K | 20x | |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02734 | +0.220% | $1.3M | $449K | 30x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02731 | +0.110% | $505K | $590K | 50x | as long as short |
| BingX CVC-USDTshort | +0.0582% | 4h | 0.02726 | −0.073% | — | $2.4M | — | |
| Bybit CVCUSDT | +0.2225% | 1h | 0.02722 | −0.220% | $1.6M | $1.8M | 25x | as long as short |
Gate CVC_USDT
Variational Omni CVC
Binance CVCUSDT
KuCoin CVCUSDTM
Bitget CVCUSDT
Bybit CVCUSDT