Funding you earn now, next payment 08:00 UTC+0.1414%/8h= +154.8% APRnext payment +$7.07 per $10,000 · paid last 24h +0.143%
Price spread now: BingX against MEXC0.000%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$730.728% of the position
Funding, last 7 days+0.423%+$42 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now 0.000%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$42 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.423% in total (about 22.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ELSA_USDT | 0.05598 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $505K | $116K | 50x |
| Short | BingX ELSA-USDT | 0.05598 | 0.1514 | get 0.0757% / 4h | 1h 59m | — | $1.3M | — |
MEXC ELSA_USDT
BingX ELSA-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
- $296.94
- Price spread: 0.000% → −0.005%
- $0.5
- Slippage, 4 orders
- −$58.76
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $224.68
- Costs to cover
- 0.728%
- Break-even
- 1.7 days
Slippage from MEXC: live order book, 40 min ago; BingX: live order book, 17 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, 40 min ago | 3.57 bp | 11.2 bp −$11 | 91.5 bp −$915 | 336.4 bp −$33.6K | doesn't fit |
| Sell BingX live order book, 17 min ago | 3.58 bp | 22.2 bp −$22 | 136.9 bp −$1,369 | doesn't fit | doesn't fit |
ELSA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ELSAUSDT | +0.0100% | 4h | 0.05598 | +0.007% | $1.3M | $1.2M | 20x | as long as short |
| Gate ELSA_USDT | +0.0100% | 4h | 0.05600 | +0.036% | $145K | $50K | 20x | as long as short |
| MEXC ELSA_USDTlong | +0.0100% | 4h | 0.05598 | long leg | $505K | $116K | 50x | |
| KuCoin ELSAUSDTM | +0.0100% | 4h | 0.05589 | −0.161% | $185K | $22K | 20x | as long as short |
| Variational Omni ELSA | +0.0100% | 4h | 0.05600 | +0.035% | $1K | $461 | — | as long as short |
| Bitget ELSAUSDT | +0.0326% | 4h | 0.05603 | +0.089% | $457K | $150K | 20x | as long as short |
| Aster ELSAUSDT | +0.0348% | 4h | 0.05593 | −0.089% | $32K | $5K | 5x | as long as short |
| BingX ELSA-USDTshort | +0.1514% | 4h | 0.05598 | 0.000% | — | $1.3M | — | |
| Bybit ELSAUSDT | +0.1566% | 4h | 0.05595 | −0.054% | $829K | $297K | 20x | as long as short |
Binance ELSAUSDT
Gate ELSA_USDT
KuCoin ELSAUSDTM
Variational Omni ELSA
Bitget ELSAUSDT
Aster ELSAUSDT
Bybit ELSAUSDT