Funding you earn now, next payment 12:00 UTC+0.2330%/8h= +255.1% APRnext payment +$11.65 per $10,000 · paid last 24h +0.314%
Price spread now: BingX against MEXC−0.113%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$450as in the Price arb table
costs, in and out, $10k−$4354.347% of the position
Funding, last 7 days+1.006%+$101 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.113%, 7d avg +0.041%
=Funding pays, the price is against you. BingX is 0.154% cheaper against MEXC than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.041%). If the spread goes back, that is −$15 on $10k: about 5 hours of funding at the current rate (+$70 a day). At the pace of the last 7 days (+1.006% in total) that is about 26 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.006% in total (about 52.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.65 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 HAJIMI_USDT | 0.03530 | 0.0966 | pay 0.0483% / 4h | 3h 07m | $303K | $211K | 20x |
| Short | BingX HAJIMI-USDT | 0.03526 | 0.3296 | get 0.1648% / 4h | 3h 07m | — | $6.5M | — |
MEXC HAJIMI_USDT
BingX HAJIMI-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
- $489.3
- Price spread: −0.113% → +0.041%
- −$15.44
- Slippage, 4 orders
- −$420.74
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $39.12
- Costs to cover
- 4.347%
- Break-even
- 6.4 days
Slippage from MEXC: live order book, 8 min ago; BingX: live order book, 3 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, 8 min ago | 5.68 bp | 45.8 bp −$46 | 128.9 bp −$1,289 | 252.7 bp −$25.3K | 630.7 bp −$315.4K |
| Sell BingX live order book, 3 min ago | 11.31 bp | 169.8 bp −$170 | doesn't fit | doesn't fit | doesn't fit |
HAJIMI on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HAJIMIUSDTM | +0.0442% | 4h | 0.03526 | −0.113% | $47K | $1.4M | 3x | as long as short |
| edgeX 哈基米USDC | +0.0954% | 4h | 0.03542 | +0.351% | $20K | $253K | 5x | as long as short |
| MEXC HAJIMI_USDTlong | +0.0966% | 4h | 0.03530 | long leg | $303K | $211K | 20x | |
| BingX HAJIMI-USDTshort | +0.3296% | 4h | 0.03526 | −0.113% | — | $6.5M | — | |
| Bybit HAJIMIUSDT | +0.3439% | 4h | 0.03535 | +0.142% | $520K | $617K | 10x | as long as short |
KuCoin HAJIMIUSDTM
edgeX 哈基米USDC
Bybit HAJIMIUSDT