Funding you earn now, next payment 04:00 UTC−0.1546%/8h= −169.3% APRnext payment −$7.73 per $10,000 · paid last 24h +0.026%
Price spread now: MEXC against BingX+0.011%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$450.453% of the position
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 7 days−0.105%−$10 · spread now +0.011%, 7d avg −0.026%
=The price spread pays, funding is against you. MEXC is 0.037% dearer against BingX than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.026%): +$4 on $10k if it goes back. Holding the pair costs −$46 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.260% in total) that is about 24 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.260% in total (about -13.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.73 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 | BingX IOST-USDT | 0.0008954 | −0.0838 | get 0.0419% / 4h | 26m 49s | — | $2.4M | — |
| Short | MEXC IOST_USDT | 0.0008955 | −0.2384 | pay 0.1192% / 4h | 26m 49s | $1.9M | $466K | 50x |
BingX IOST-USDT
MEXC IOST_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
- −$324.66
- Price spread: +0.011% → −0.026%
- $3.71
- Slippage, 4 orders
- −$31.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$366.28
- Costs to cover
- 0.453%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 5 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, 7 min ago | 2.25 bp | 17.5 bp −$18 | 43.1 bp −$431 | 373.9 bp −$37.4K | 477.8 bp −$238.9K |
| Sell MEXC live order book, 5 min ago | 0.56 bp | 4.7 bp −$5 | 17.9 bp −$179 | 109.3 bp −$10.9K | 417.7 bp −$208.8K |
IOST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IOST-USDT-SWAP | −0.2972% | 4h | 0.0008940 | −0.156% | $1.5M | $4.1M | 10x | as long as short |
| Bybit IOSTUSDT | −0.2905% | 8h | 0.0008948 | −0.067% | $1.9M | $2.0M | 25x | as long as short |
| BloFin IOST-USDT | −0.2391% | 4h | 0.0008951 | −0.034% | $295K | $2.0M | 50x | as long as short |
| Binance IOSTUSDT | −0.2385% | 4h | 0.0008955 | +0.008% | $5.8M | $16.2M | 50x | as long as short |
| MEXC IOST_USDTshort | −0.2384% | 4h | 0.0008955 | +0.011% | $1.9M | $466K | 50x | |
| Bitget IOSTUSDT | −0.2200% | 4h | 0.0008960 | +0.067% | $662K | $2.3M | 25x | as long as short |
| Variational Omni IOST | −0.1949% | 8h | 0.0008931 | −0.258% | $10K | $5K | — | as long as short |
| Gate IOST_USDT | −0.1088% | 4h | 0.0008950 | −0.045% | $728K | $511K | 25x | as long as short |
| BingX IOST-USDTlong | −0.0838% | 4h | 0.0008954 | long leg | — | $2.4M | — |
OKX IOST-USDT-SWAP
Bybit IOSTUSDT
BloFin IOST-USDT
Binance IOSTUSDT
Bitget IOSTUSDT
Variational Omni IOST
Gate IOST_USDT