Funding you earn now, next payment 00:00 UTC+1.0464%/8h= +1145.8% APRnext payment +$13.08 per $10,000 · paid last 24h +3.212%
Price spread now: BingX against MEXC+0.079%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs+$614as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$530.525% of the position
Funding, last 7 days+6.663%+$666 on $10k
+Price spread, last 7 days−0.109%−$11 · spread now +0.079%, 7d avg −0.019%
=Both sides work for this trade now. Funding pays +$314 a day on $10k at the current rate, and BingX is 0.098% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.019%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 6.663% in total (about 347.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$13.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC G_USDT | 0.006340 | −1.3504 | get 0.1688% / 1h | 2m 19s | $4.1M | $1.5M | 20x |
| Short | BingX G-USDT | 0.006345 | −0.3040 | pay 0.0380% / 1h | 2m 19s | — | $3.1M | — |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2,197.44
- Price spread: +0.079% → −0.019%
- $9.75
- Slippage, 4 orders
- −$38.52
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $2,154.67
- Costs to cover
- 0.525%
- Break-even
- 0.1 days
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 7 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, 5 min ago | 1.57 bp | 7.8 bp −$8 | 32.2 bp −$322 | 173.9 bp −$17.4K | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.91 bp | 19.6 bp −$20 | 54.0 bp −$540 | 450.8 bp −$45.1K | 735.5 bp −$367.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GUSDT | −1.3665% | 1h | 0.006340 | 0.000% | $9.0M | $84.1M | 50x | as long as short |
| MEXC G_USDTlong | −1.3504% | 1h | 0.006340 | long leg | $4.1M | $1.5M | 20x | |
| Gate G_USDT | −1.3216% | 1h | 0.006353 | +0.205% | $879K | $6.3M | 25x | as long as short |
| Aster GUSDT | −1.3101% | 1h | 0.006377 | +0.584% | $632K | $2.1M | 5x | as long as short |
| KuCoin GUSDTM | −0.8400% | 1h | 0.006319 | −0.331% | $1.5M | $1.5M | 30x | as long as short |
| Bitget GUSDT | −0.8240% | 1h | 0.006348 | +0.126% | $1.4M | $10.7M | 50x | as long as short |
| BingX G-USDTshort | −0.3040% | 1h | 0.006345 | +0.079% | — | $3.1M | — |
MEXC G_USDT
BingX G-USDT
Binance GUSDT
Gate G_USDT
Aster GUSDT
KuCoin GUSDTM
Bitget GUSDT