Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.40 per $10,000 · paid last 24h −0.009%
Price spread now: MEXC against BingX−0.041%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$270.272% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.041%, 7d avg −0.025%
=The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FIL-USDT | 0.9848 | 0.0100 | pay 0.0100% / 8h | 7h 38m | — | $11.9M | — |
| Short | MEXC FIL_USDC | 0.9844 | 0.0060 | get 0.0060% / 8h | 7h 38m | $247K | $104K | 50x |
BingX FIL-USDT
MEXC FIL_USDCFunding 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
- −$8.4
- Price spread: −0.041% → −0.025%
- −$1.54
- Slippage, 4 orders
- −$17.21
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$37.15
- Costs to cover
- 0.272%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; MEXC: live order book, 16 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, 9 min ago | 1.01 bp | 6.4 bp −$6 | 8.7 bp −$87 | 18.9 bp −$1,893 | 44.3 bp −$22.2K |
| Sell MEXC live order book, 16 min ago | 1.02 bp | 11.1 bp −$11 | 32.0 bp −$320 | 78.9 bp −$7,891 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0865% | 1h | 0.9851 | +0.030% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0333% | 1h | 0.9850 | +0.025% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9862 | +0.142% | $316K | $1.8M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0041% | 8h | 0.9849 | +0.010% | $7.4M | $7.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0035% | 8h | 0.9845 | −0.030% | $17.9M | $98.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9855 | +0.071% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9856 | +0.081% | $57K | $2K | 10x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9844 | −0.038% | $693K | $3.2M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | +0.071% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0033% | 8h | 0.9844 | −0.042% | $56.8M | $178.8M | 75x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Injective FIL/USDC PERP
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDCshort | +0.0060% | 8h | 0.9844 | −0.041% | $247K | $104K | 50x | |
| Bitget FILUSDT | +0.0060% | 8h | 0.9845 | −0.030% | $10.8M | $21.5M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9841 | −0.072% | $158K | $346K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9849 | +0.007% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9850 | +0.020% | $493K | $553K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9844 | −0.041% | $15.3M | $18.3M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9854 | +0.061% | $8.2M | $16.1M | 50x | as long as short |
| BingX FIL-USDTlong | +0.0100% | 8h | 0.9848 | long leg | — | $11.9M | — | |
| Variational Omni FIL | +0.0100% | 8h | 0.9882 | +0.345% | $443K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9872 | +0.241% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9890 | +0.422% | $292K | $812K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9880 | +0.325% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9862 | +0.147% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9840 | −0.081% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9841 | −0.071% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9863 | +0.152% | $629K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9840 | −0.081% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0134% | 8h | 0.9843 | −0.051% | $2.7M | $569K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0538% / S −0.0538% | 1h | 0.9855 | +0.070% | $196K | — | 100x | as long as short |
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]