Funding you earn now, next payment 05:00 UTC−0.8808%/8h= −964.5% APRnext payment −$11.01 per $10,000 · paid last 24h −2.908%
Price spread now: MEXC against BingX+0.129%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$819as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$580.575% of the position
Funding, last 7 days−7.612%−$761 on $10k
+Price spread, last 7 days−0.138%−$14 · spread now +0.129%, 7d avg +0.020%
=The price spread pays, funding is against you. MEXC is 0.109% dearer against BingX than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of +0.020%): +$11 on $10k if it goes back. Holding the pair costs −$264 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 7 days (−7.612% in total) that is about 2 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX G-USDT | 0.006192 | −0.2568 | get 0.0321% / 1h | 12m 04s | — | $2.9M | — |
| Short | MEXC G_USDT | 0.006200 | −1.1376 | pay 0.1422% / 1h | 12m 04s | $3.6M | $1.1M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1,849.68
- Price spread: +0.129% → +0.020%
- $10.94
- Slippage, 4 orders
- −$43.54
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,896.28
- Costs to cover
- 0.575%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 5 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 | 3.21 bp | 19.4 bp −$19 | 53.8 bp −$538 | 507.2 bp −$50.7K | 776.9 bp −$388.5K |
| Sell MEXC live order book, 5 min ago | 0.80 bp | 11.3 bp −$11 | 56.1 bp −$561 | 168.2 bp −$16.8K | doesn't fit |
G 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate G_USDT | −1.1992% | 1h | 0.006188 | −0.065% | $921K | $3.7M | 25x | as long as short |
| MEXC G_USDTshort | −1.1376% | 1h | 0.006200 | +0.129% | $3.6M | $1.1M | 20x | |
| Binance GUSDT | −1.1352% | 1h | 0.006206 | +0.226% | $9.2M | $54.5M | 50x | as long as short |
| Aster GUSDT | −1.0084% | 1h | 0.006217 | +0.404% | $635K | $800K | 5x | as long as short |
| Bitget GUSDT | −0.8112% | 1h | 0.006199 | +0.113% | $1.4M | $5.4M | 50x | as long as short |
| KuCoin GUSDTM | −0.7984% | 1h | 0.006167 | −0.404% | $1.5M | $1.3M | 30x | as long as short |
| BingX G-USDTlong | −0.2568% | 1h | 0.006192 | long leg | — | $2.9M | — |
BingX G-USDT
MEXC G_USDT
Gate G_USDT
Binance GUSDT
Aster GUSDT
Bitget GUSDT
KuCoin GUSDTM