Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.018%
Price spread now: MEXC against BingX−0.122%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$940.940% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now −0.122%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.105% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CYS-USDT | 0.1633 | 0.0200 | pay 0.0100% / 4h | 2h 38m | — | $1.3M | — |
| Short | MEXC CYS_USDT | 0.1631 | 0.0100 | get 0.0050% / 4h | 2h 38m | $1.5M | $234K | 50x |
BingX CYS-USDT
MEXC CYS_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
- −$21
- Price spread: −0.122% → −0.018%
- −$10.47
- Slippage, 4 orders
- −$84.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$125.48
- Costs to cover
- 0.940%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 2 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 | 6.17 bp | 27.7 bp −$28 | 84.7 bp −$847 | 845.3 bp −$84.5K | 1146.1 bp −$573.0K |
| Sell MEXC live order book, 2 min ago | 3.09 bp | 18.4 bp −$18 | 107.4 bp −$1,074 | 343.0 bp −$34.3K | doesn't fit |
CYS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CYSUSDT | +0.0100% | 4h | 0.1630 | −0.201% | $259K | $88K | 10x | as long as short |
| Binance CYSUSDT | +0.0100% | 4h | 0.1634 | +0.061% | $4.3M | $4.9M | 20x | as long as short |
| MEXC CYS_USDTshort | +0.0100% | 4h | 0.1631 | −0.122% | $1.5M | $234K | 50x | |
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1634 | +0.061% | $1.4M | $148K | 20x | as long as short |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1635 | +0.141% | $1.8M | $722K | 25x | as long as short |
| Variational Omni CYS | +0.0100% | 4h | 0.1621 | −0.750% | $34K | $13K | — | as long as short |
| edgeX CYSUSDC | +0.0119% | 4h | 0.1613 | −1.245% | $7K | $110K | 10x | as long as short |
| BingX CYS-USDTlong | +0.0200% | 4h | 0.1633 | long leg | — | $1.3M | — | |
| Bybit CYSUSDT | +0.0451% | 4h | 0.1636 | +0.184% | $1.5M | $1.1M | 13x | as long as short |
| Gate CYS_USDT | +0.0980% | 4h | 0.1635 | +0.122% | $637K | $118K | 20x | as long as short |
Aster CYSUSDT
Binance CYSUSDT
KuCoin CYSUSDTM
Bitget CYSUSDT
Variational Omni CYS
edgeX CYSUSDC
Bybit CYSUSDT
Gate CYS_USDT