Funding you earn now, next payment 08:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.53 per $10,000 · paid last 24h −0.035%
Price spread now: MEXC against BingX+0.078%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.078%, 7d avg −0.027%
=The price spread pays, funding is against you. MEXC is 0.105% dearer against BingX than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.027%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ID-USDT | 0.03828 | 0.0206 | pay 0.0103% / 4h | 3h 31m | — | $2.3M | — |
| Short | MEXC ID_USDT | 0.03831 | 0.0100 | get 0.0050% / 4h | 3h 31m | $415K | $209K | 20x |
BingX ID-USDT
MEXC ID_USDTFunding 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
- −$22.26
- Price spread: +0.078% → −0.027%
- $10.52
- Slippage, 4 orders
- −$44.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$70.09
- Costs to cover
- 0.583%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: 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 BingX live order book, 2 min ago | 5.23 bp | 21.2 bp −$21 | 48.1 bp −$481 | 382.7 bp −$38.3K | 448.8 bp −$224.4K |
| Sell MEXC live order book, 4 min ago | 2.61 bp | 9.4 bp −$9 | 25.8 bp −$258 | 121.9 bp −$12.2K | 195.2 bp −$97.6K |
ID on 11 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 ID_USDT | −0.0152% | 4h | 0.03826 | −0.052% | $255K | $224K | 25x | as long as short |
| BloFin ID-USDT | +0.0077% | 4h | 0.03819 | −0.235% | $159K | $13K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03822 | −0.154% | $9K | $1K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03831 | +0.078% | $2.4M | $3.7M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03829 | +0.026% | $1.5M | $1.1M | 25x | as long as short |
| MEXC ID_USDTshort | +0.0100% | 4h | 0.03831 | +0.078% | $415K | $209K | 20x | |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03826 | −0.052% | $1.1M | $59K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03833 | +0.139% | $12K | $20K | — | as long as short |
| Bitget IDUSDT | +0.0170% | 4h | 0.03829 | +0.026% | $824K | $634K | 50x | as long as short |
| BingX ID-USDTlong | +0.0206% | 4h | 0.03828 | long leg | — | $2.3M | — |
Gate ID_USDT
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
KuCoin IDUSDTM
Variational Omni ID
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0880% | 1h | 0.03825 | −0.075% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD