Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX0.000%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1261.256% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now 0.000%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FRAX-USDT | 0.2914 | 0.0100 | pay 0.0050% / 4h | 1h 42m | — | $1.2M | — |
| Short | MEXC FRAX_USDT | 0.2914 | 0.0100 | get 0.0050% / 4h | 1h 42m | $203K | $108K | 50x |
BingX FRAX-USDT
MEXC FRAX_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
- $0
- Price spread: 0.000% → −0.013%
- $1.31
- Slippage, 4 orders
- −$111.64
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$124.33
- Costs to cover
- 1.256%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 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, 2 min ago | 5.16 bp | 35.5 bp −$36 | 137.4 bp −$1,374 | 895.3 bp −$89.5K | 1214.3 bp −$607.2K |
| Sell MEXC live order book, 58 min ago | 1.73 bp | 21.8 bp −$22 | 100.2 bp −$1,002 | 347.1 bp −$34.7K | doesn't fit |
FRAX on 7 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 FRAXUSDT | +0.0100% | 4h | 0.2913 | −0.026% | $16K | $6K | 5x | as long as short |
| Binance FRAXUSDT | +0.0100% | 4h | 0.2913 | −0.022% | $1.5M | $941K | 50x | as long as short |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2910 | −0.137% | $42K | $16K | 20x | as long as short |
| MEXC FRAX_USDTshort | +0.0100% | 4h | 0.2914 | 0.000% | $203K | $108K | 50x | |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2918 | +0.137% | $97K | $156K | 50x | as long as short |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2913 | −0.027% | $147K | $40K | 50x | as long as short |
| BingX FRAX-USDTlong | +0.0100% | 4h | 0.2914 | long leg | — | $1.2M | — |
Aster FRAXUSDT
Binance FRAXUSDT
Gate FRAX_USDT
KuCoin FRAXUSDTM
Bitget FRAXUSDT