Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against MEXC−0.152%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1091.088% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.152%, 7d avg −0.088%
=Funding pays, the price is against you. BingX is 0.064% cheaper against MEXC than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.088%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.035% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC DEEP_USDT | 0.01977 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $1.0M | $543K | 100x |
| Short | BingX DEEP-USDT | 0.01974 | 0.0200 | get 0.0100% / 4h | 2h 58m | — | $6.7M | — |
MEXC DEEP_USDT
BingX DEEP-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
- $21
- Price spread: −0.152% → −0.088%
- −$6.41
- Slippage, 4 orders
- −$94.79
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$94.2
- Costs to cover
- 1.088%
- Break-even
- 38.4 days
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 9 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 | 7.58 bp | 19.7 bp −$20 | 61.7 bp −$617 | 257.3 bp −$25.7K | doesn't fit |
| Sell BingX live order book, 9 min ago | 10.11 bp | 37.5 bp −$38 | 102.7 bp −$1,027 | 604.5 bp −$60.4K | 1039.2 bp −$519.6K |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.0171% | 1h | 0.01974 | −0.152% | $80K | $15K | 20x | as long as short |
| BloFin DEEP-USDT | +0.0075% | 8h | 0.01972 | −0.253% | $138K | $34K | 50x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01977 | +0.018% | $2.1M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01970 | −0.354% | $4.2M | $2.6M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01977 | 0.000% | $305K | $96K | 50x | as long as short |
| MEXC DEEP_USDTlong | +0.0100% | 4h | 0.01977 | long leg | $1.0M | $543K | 100x | |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01982 | +0.253% | $1.8M | $94K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01979 | +0.101% | $835K | $599K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01975 | −0.125% | $11K | $6K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01977 | +0.019% | $5K | $221K | 5x | as long as short |
Bluefin DEEP-PERP
BloFin DEEP-USDT
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDTshort | +0.0200% | 4h | 0.01974 | −0.152% | — | $6.7M | — | |
| Kraken Futures PF_DEEPUSD | +1.2171% | 1h | 0.01998 | +1.076% | $8K | $6K | 10x | as long as short |
Kraken Futures PF_DEEPUSD