Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.8% APRnext payment +$1.18 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.046%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$660.662% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.046%, 7d avg +0.044%
=Funding pays, the price is against you. BingX is 0.090% cheaper against MEXC than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.044%). If the spread goes back, that is −$9 on $10k: about 30 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.024% in total) that is about 26 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.18 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 FIDA_USDT | 0.02160 | 0.0100 | pay 0.0050% / 4h | 29m 04s | $734K | $186K | 20x |
| Short | BingX FIDA-USDT | 0.02159 | 0.0336 | get 0.0168% / 4h | 29m 04s | — | $1.3M | — |
MEXC FIDA_USDT
BingX FIDA-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
- $49.56
- Price spread: −0.046% → +0.044%
- −$8.99
- Slippage, 4 orders
- −$52.2
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$25.63
- Costs to cover
- 0.662%
- Break-even
- 10.6 days
Slippage from MEXC: live order book, 21 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, 21 min ago | 2.33 bp | 5.3 bp −$5 | 27.6 bp −$276 | 155.9 bp −$15.6K | 353.0 bp −$176.5K |
| Sell BingX live order book, 17 min ago | 9.30 bp | 26.4 bp −$26 | 82.0 bp −$820 | 750.0 bp −$75.0K | 1179.4 bp −$589.7K |
FIDA 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 FIDAUSDT | +0.0100% | 4h | 0.02161 | +0.047% | $9K | $6K | 5x | as long as short |
| Binance FIDAUSDT | +0.0100% | 4h | 0.02159 | −0.047% | $1.4M | $2.4M | 25x | as long as short |
| Bybit FIDAUSDT | +0.0100% | 4h | 0.02162 | +0.093% | $463K | $202K | 20x | as long as short |
| Gate FIDA_USDT | +0.0100% | 4h | 0.02157 | −0.139% | $46K | $37K | 10x | as long as short |
| MEXC FIDA_USDTlong | +0.0100% | 4h | 0.02160 | long leg | $734K | $186K | 20x | |
| Variational Omni FIDA | +0.0100% | 4h | 0.02161 | +0.029% | $3K | $401 | — | as long as short |
| Extended FIDA-USD | +0.0104% | 1h | 0.02161 | +0.065% | $2K | $97K | 5x | as long as short |
| BingX FIDA-USDTshort | +0.0336% | 4h | 0.02159 | −0.046% | — | $1.3M | — | |
| Bitget FIDAUSDT | +0.0348% | 4h | 0.02165 | +0.218% | $534K | $343K | 25x | as long as short |
Aster FIDAUSDT
Binance FIDAUSDT
Bybit FIDAUSDT
Gate FIDA_USDT
Variational Omni FIDA
Extended FIDA-USD
Bitget FIDAUSDT