Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h −0.032%
Price spread now: MEXC against BingX+0.016%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1651.649% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.016%, 7d avg −0.026%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.042% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INX-USDT | 0.006328 | 0.0578 | pay 0.0289% / 4h | 1h 18m | — | $6.5M | — |
| Short | MEXC INX_USDT | 0.006329 | 0.0658 | get 0.0329% / 4h | 1h 18m | $837K | $190K | 50x |
BingX INX-USDT
MEXC INX_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
- $16.8
- Price spread: +0.016% → −0.026%
- $4.2
- Slippage, 4 orders
- −$150.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$143.91
- Costs to cover
- 1.649%
- Break-even
- 67.0 days
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 37 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, 8 min ago | 9.47 bp | 53.8 bp −$54 | 169.2 bp −$1,692 | 1162.9 bp −$116.3K | 1376.8 bp −$688.4K |
| Sell MEXC live order book, 37 min ago | 5.60 bp | 25.2 bp −$25 | 77.3 bp −$773 | 246.2 bp −$24.6K | 691.6 bp −$345.8K |
INX 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTX | −0.1656% | 1h | 0.006083 | −3.872% | $5K | $5K | 50x | as long as short |
| Gate INX_USDT | +0.0100% | 4h | 0.006320 | −0.126% | $1.6M | $70K | 25x | as long as short |
| Bitget INXUSDT | +0.0100% | 4h | 0.006333 | +0.079% | $393K | $100K | 25x | as long as short |
| Bybit INXUSDT | +0.0134% | 4h | 0.006335 | +0.111% | $814K | $386K | 13x | as long as short |
| KuCoin INXUSDTM | +0.0482% | 4h | 0.006338 | +0.158% | $287K | $54K | 20x | as long as short |
| BingX INX-USDTlong | +0.0578% | 4h | 0.006328 | long leg | — | $6.5M | — | |
| Extended INX-USD | +0.0656% | 1h | 0.006325 | −0.043% | $1K | $111K | 5x | as long as short |
| MEXC INX_USDTshort | +0.0658% | 4h | 0.006329 | +0.016% | $837K | $190K | 50x | |
| Binance INXUSDT | +0.0685% | 4h | 0.006327 | −0.016% | $2.1M | $1.5M | 25x | as long as short |
| Deribit INX_USDC-PERPETUAL | +0.1173% | 1h | 0.006332 | +0.063% | $57K | $20K | 10x | as long as short |
Coinbase International INX-PERP-INTX
Gate INX_USDT
Bitget INXUSDT
Bybit INXUSDT
KuCoin INXUSDTM
Extended INX-USD
Binance INXUSDT
Deribit INX_USDC-PERPETUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.1207% | 4h | 0.006293 | −0.546% | $19K | $9K | 5x | as long as short |
Aster INXUSDT