Funding arb · Price arb /

FOLKS

all FOLKS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%

Price spread now: MEXC against BingX+0.093%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1271.265% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.093%, 7d avg +0.061%

Together, before fees−0.169%−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.031% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX FOLKS-USDT	2.1610	0.0100	pay 0.0050% / 4h	2h 24m	—	$6.6M	—
Short	MEXC FOLKS_USDT	2.1630	0.0100	get 0.0050% / 4h	2h 24m	$944K	$177K	100x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee MEXCbpOrdersPrice spread, now +0.093%Rate

Funding earned: $0
Price spread: +0.093% → +0.061%: $3.14
Slippage, 4 orders: −$116.52
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$123.39
Costs to cover: 1.265%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 36 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, 7 min ago	6.98 bp	47.3 bp −$47	157.0 bp −$1,570	doesn't fit	doesn't fit
Sell MEXC live order book, 36 min ago	4.67 bp	14.6 bp −$15	79.1 bp −$791	338.8 bp −$33.9K	doesn't fit

FOLKS on 10 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
Lighter FOLKS	+0.0096%	1h	2.1633	+0.106%	$73K	$2K	3x	as long as short
Aster FOLKSUSDT	+0.0100%	4h	2.1540	−0.324%	$44K	$12K	5x	as long as short
Binance FOLKSUSDT	+0.0100%	4h	2.1630	+0.093%	$6.4M	$1.5M	50x	as long as short
Bybit FOLKSUSDT	+0.0100%	4h	2.1599	−0.051%	$1.2M	$309K	20x	as long as short
Gate FOLKS_USDT	+0.0100%	8h	2.1510	−0.463%	$249K	$109K	50x	as long as short
MEXC FOLKS_USDTshort	+0.0100%	4h	2.1630	+0.093%	$944K	$177K	100x
KuCoin FOLKSUSDTM	+0.0100%	4h	2.1480	−0.602%	$1.2M	$2.1M	50x	as long as short
Bitget FOLKSUSDT	+0.0100%	4h	2.1549	−0.282%	$1.0M	$159K	50x	as long as short
BingX FOLKS-USDTlong	+0.0100%	4h	2.1610	long leg	—	$6.6M	—
Variational Omni FOLKS	+0.0100%	4h	2.1560	−0.232%	$14K	$5K	—	as long as short