Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.087%
Price spread now: MEXC against BingX+0.178%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1361.359% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.178%, 7d avg +0.073%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.105% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.073%. Mind the row above: over the last 7 days funding on this pair cost −0.124%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FHE-USDT | 0.02247 | 0.0580 | pay 0.0290% / 4h | 2h 06m | — | $6.5M | — |
| Short | MEXC FHE_USDT | 0.02251 | 0.0608 | get 0.0304% / 4h | 2h 06m | $859K | $300K | 50x |
BingX FHE-USDT
MEXC FHE_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
- $5.88
- Price spread: +0.178% → +0.073%
- $10.52
- Slippage, 4 orders
- −$121.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$119.52
- Costs to cover
- 1.359%
- Break-even
- 149.3 days
Slippage from BingX: live order book, 14 min ago; MEXC: live order book, 58 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, 14 min ago | 4.45 bp | 43.4 bp −$43 | 226.2 bp −$2,262 | 1069.3 bp −$106.9K | doesn't fit |
| Sell MEXC live order book, 58 min ago | 4.43 bp | 24.5 bp −$24 | 119.3 bp −$1,193 | 243.7 bp −$24.4K | 538.5 bp −$269.2K |
FHE on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate FHE_USDT | +0.0100% | 8h | 0.02242 | −0.223% | $621K | $78K | 10x | as long as short |
| Bybit FHEUSDT | +0.0401% | 4h | 0.02246 | −0.045% | $1.6M | $475K | 13x | as long as short |
| Aster FHEUSDT | +0.0446% | 4h | 0.02247 | +0.015% | $16K | $2K | 5x | as long as short |
| BingX FHE-USDTlong | +0.0580% | 4h | 0.02247 | long leg | — | $6.5M | — | |
| Binance FHEUSDT | +0.0605% | 4h | 0.02251 | +0.178% | $3.0M | $1.5M | 10x | as long as short |
| Extended FHE-USD | +0.0608% | 1h | 0.02250 | +0.151% | $2K | $100K | 5x | as long as short |
| MEXC FHE_USDTshort | +0.0608% | 4h | 0.02251 | +0.178% | $859K | $300K | 50x | |
| KuCoin FHEUSDTM | +0.1362% | 4h | 0.02247 | 0.000% | $645K | $9.9M | 10x | as long as short |
Gate FHE_USDT
Bybit FHEUSDT
Aster FHEUSDT
Binance FHEUSDT
Extended FHE-USD
KuCoin FHEUSDTM