Funding you earn now, next payment 08:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.496%
Price spread now: BingX against MEXC+0.085%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$650.646% of the position
Funding, last 7 days+0.701%+$70 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.085%, 7d avg +0.048%
=The price spread pays, funding is against you. BingX is 0.037% dearer against MEXC than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.048%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 46 hours. Mind the row above: over the last 7 days funding on this pair paid +0.701%, 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 | MEXC ESP_USDT | 0.09433 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $1.3M | $124K | 20x |
| Short | BingX ESP-USDT | 0.09441 | 0.0036 | get 0.0018% / 4h | 2h 41m | — | $1.7M | — |
MEXC ESP_USDT
BingX ESP-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
- −$13.44
- Price spread: +0.085% → +0.048%
- $3.68
- Slippage, 4 orders
- −$50.59
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$74.35
- Costs to cover
- 0.646%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 1 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, 4 min ago | 0.53 bp | 10.4 bp −$10 | 55.9 bp −$559 | 438.2 bp −$43.8K | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.83 bp | 21.1 bp −$21 | 60.0 bp −$600 | 501.2 bp −$50.1K | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDTshort | +0.0036% | 4h | 0.09441 | +0.085% | — | $1.7M | — | |
| Aster ESPUSDT | +0.0100% | 4h | 0.09440 | +0.077% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09440 | +0.079% | $2.4M | $4.0M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09443 | +0.106% | $599K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09445 | +0.127% | $187K | $590K | 50x | as long as short |
| MEXC ESP_USDTlong | +0.0100% | 4h | 0.09433 | long leg | $1.3M | $124K | 20x | |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09441 | +0.085% | $1.5M | $44K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09440 | +0.069% | $949K | $128K | 20x | as long as short |
| edgeX ESPUSDC | +0.0114% | 4h | 0.09421 | −0.127% | $29K | $266K | 10x | as long as short |
| BloFin ESP-USDT | +0.0159% | 4h | 0.09426 | −0.074% | $124K | $33K | 25x | as long as short |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC
BloFin ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0848% | 4h | 0.09430 | −0.032% | $1.1M | $626K | 50x | as long as short |
Bybit ESPUSDT