Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.074%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$830.831% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.074%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.082% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ERA-USDT | 0.06770 | 0.0100 | pay 0.0050% / 4h | 1h 59m | — | $6.5M | — |
| Short | MEXC ERA_USDT | 0.06765 | 0.0100 | get 0.0050% / 4h | 1h 59m | $528K | $149K | 20x |
BingX ERA-USDT
MEXC ERA_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
- $0
- Price spread: −0.074% → +0.008%
- −$8.23
- Slippage, 4 orders
- −$69.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$91.28
- Costs to cover
- 0.831%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 31 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, 6 min ago | 4.43 bp | 25.1 bp −$25 | 97.5 bp −$975 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 31 min ago | 2.97 bp | 18.7 bp −$19 | 68.3 bp −$683 | 739.5 bp −$73.9K | doesn't fit |
ERA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ERAUSDT | +0.0100% | 4h | 0.06764 | −0.094% | $5K | $12K | 5x | as long as short |
| Binance ERAUSDT | +0.0100% | 4h | 0.06768 | −0.029% | $2.1M | $3.9M | 25x | as long as short |
| Bybit ERAUSDT | +0.0100% | 4h | 0.06771 | +0.015% | $787K | $738K | 25x | as long as short |
| Gate ERA_USDT | +0.0100% | 4h | 0.06766 | −0.059% | $153K | $647K | 25x | as long as short |
| MEXC ERA_USDTshort | +0.0100% | 4h | 0.06765 | −0.074% | $528K | $149K | 20x | |
| KuCoin ERAUSDTM | +0.0100% | 4h | 0.06765 | −0.074% | $129K | $64K | 25x | as long as short |
| Bitget ERAUSDT | +0.0100% | 4h | 0.06761 | −0.133% | $811K | $216K | 25x | as long as short |
| BingX ERA-USDTlong | +0.0100% | 4h | 0.06770 | long leg | — | $6.5M | — | |
| Variational Omni ERA | +0.0100% | 4h | 0.06781 | +0.166% | $10K | $594 | — | as long as short |
Aster ERAUSDT
Binance ERAUSDT
Bybit ERAUSDT
Gate ERA_USDT
KuCoin ERAUSDTM
Bitget ERAUSDT
Variational Omni ERA