Funding you earn now, next payment 04:00 UTC+0.0638%/8h= +69.9% APRnext payment +$3.19 per $10,000 · paid last 24h +0.046%
Price spread now: BingX against MEXC+0.252%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BingX is 0.252% dearer against MEXC than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.055% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.19 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 HMM_USDT | 0.01191 | −0.0238 | get 0.0119% / 4h | 46m 07s | $26K | $86K | 20x |
| Short | BingX HMM-USDT | 0.01194 | 0.0400 | get 0.0200% / 4h | 46m 07s | — | $95K | — |
MEXC HMM_USDT
BingX HMM-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
- $133.98
- Price spread: +0.252% → 0.000%
- $25.19
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $129.17
- Costs to cover
- 0.300%
- Break-even
- 0.3 days
Slippage unknown: MEXC: no order-book sample; BingX: no order-book sample. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell BingX no order-book sample | — | — | — | — | — |
MEXC and BingX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HMM on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC HMM_USDTlong | −0.0238% | 4h | 0.01191 | long leg | $26K | $86K | 20x | |
| BingX HMM-USDTshort | +0.0400% | 4h | 0.01194 | +0.252% | — | $95K | — |