Settings8H · net · $10k
Funding arb · Price arb /

FONE

all FONE markets
SwapBacktest
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 +0.004%
Price spread now: BingX against MEXC0.000%7-day average +0.128% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)+0.523%+$52 · spread now 0.000%, 7d avg +0.128%
Together, before fees+0.513%+$51 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: BingX is 0.128% cheaper against MEXC than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.128%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC FONE_USDT0.0051090.0400pay 0.0200% / 4h2h 06m$218K$123K20x
ShortBingX FONE-USDT0.0051090.0400get 0.0200% / 4h2h 06m$494K

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

Profit calculator

Funding earned
$0
Price spread: 0.000% → +0.128%
−$12.83
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$26.83
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 34 min ago; BingX: live order book, 67 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 34 min ago30.70 bp489.7 bp −$4901227.1 bp −$12.3Kdoesn't fitdoesn't fit
Sell BingX live order book, 67 min ago13.10 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

FONE on 4 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FONEUSDT+0.0100%1h0.005160+0.992%$31K$4K5xas long as short
Gate FONE_USDT+0.0100%4h0.005044−1.272%$148K$96K10xas long as short
MEXC FONE_USDTlong+0.0400%4h0.005109long leg$218K$123K20x
BingX FONE-USDTshort+0.0400%4h0.0051090.000%$494K