Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.34 per $10,000 · paid last 24h +0.049%
Price spread now: MEXC against BingX−0.649%7-day average −0.172% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 4 days (all we have)+0.470%+$47 · spread now −0.649%, 7d avg −0.172%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.477% cheaper against BingX than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.172%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.123%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DELTA-USDT | 0.01943 | −0.0158 | get 0.0079% / 4h | 2h 38m | — | $354K | — |
| Short | MEXC DELTA_USDT | 0.01930 | −0.0226 | pay 0.0113% / 4h | 2h 38m | $33K | $154K | 20x |
BingX DELTA-USDT
MEXC DELTA_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
- −$14.28
- Price spread: −0.649% → −0.172%
- −$47.66
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- −$91.94
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 50 min ago; MEXC: live order book, 47 min ago. Net counts fees only.
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, 50 min ago | 120.95 bp | 664.8 bp −$665 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 118.45 bp | 477.9 bp −$478 | doesn't fit | doesn't fit | doesn't fit |
DELTA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC DELTA_USDTshort | −0.0226% | 4h | 0.01930 | −0.649% | $33K | $154K | 20x | |
| BingX DELTA-USDTlong | −0.0158% | 4h | 0.01943 | long leg | — | $354K | — | |
| Aster DELTAUSDT | +0.0100% | 1h | 0.01938 | −0.234% | $19K | $35K | 5x | as long as short |
| Gate DELTA_USDT | +0.0100% | 4h | 0.01931 | −0.628% | $50K | $328K | 10x | as long as short |
Aster DELTAUSDT
Gate DELTA_USDT