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: BingX against MEXC0.000%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now 0.000%, 7d avg +0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FRAX_USDT | 0.2914 | 0.0100 | pay 0.0050% / 4h | 0m 52s | $203K | $111K | 50x |
| Short | BingX FRAX-USDT | 0.2914 | 0.0100 | get 0.0050% / 4h | 0m 52s | — | $1.2M | — |
MEXC FRAX_USDT
BingX FRAX-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
- $0
- Price spread: 0.000% → +0.013%
- −$1.34
- Slippage, 4 orders
- −$103.65
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$118.98
- Costs to cover
- 1.176%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 30 min ago; BingX: live order book, 4 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, 30 min ago | 1.72 bp | 21.2 bp −$21 | 104.2 bp −$1,042 | 343.7 bp −$34.4K | doesn't fit |
| Sell BingX live order book, 4 min ago | 5.15 bp | 36.3 bp −$36 | 147.8 bp −$1,478 | 670.6 bp −$67.1K | 1041.9 bp −$521.0K |
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 | 0.2915 | +0.029% | $22K | $13K | 5x | as long as short |
| Binance FRAXUSDT | +0.0100% | 4h | 0.2914 | +0.006% | $1.5M | $938K | 50x | as long as short |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2912 | −0.069% | $44K | $16K | 20x | as long as short |
| MEXC FRAX_USDTlong | +0.0100% | 4h | 0.2914 | long leg | $203K | $111K | 50x | |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2918 | +0.137% | $98K | $156K | 50x | as long as short |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2915 | +0.048% | $147K | $40K | 50x | as long as short |
| BingX FRAX-USDTshort | +0.0100% | 4h | 0.2914 | 0.000% | — | $1.2M | — |
Aster FRAXUSDT
Binance FRAXUSDT
Gate FRAX_USDT
KuCoin FRAXUSDTM
Bitget FRAXUSDT