Funding you earn now, next payment 12:00 UTC−0.0306%/8h= −33.5% APRnext payment −$1.53 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against MEXC+0.008%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1561.559% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.008%, 7d avg −0.021%
=The price spread pays, funding is against you. BingX is 0.029% dearer against MEXC than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.021%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.062% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.062% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.53 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 KOMA_USDT | 0.02369 | 0.3414 | pay 0.1707% / 4h | 3h 04m | $388K | $127K | 100x |
| Short | BingX KOMA-USDT | 0.02369 | 0.3108 | get 0.1554% / 4h | 3h 04m | — | $1.3M | — |
MEXC KOMA_USDT
BingX KOMA-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
- −$64.26
- Price spread: +0.008% → −0.021%
- $2.9
- Slippage, 4 orders
- −$141.86
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$217.22
- Costs to cover
- 1.559%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 11 min ago; BingX: live order book, 2 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, 11 min ago | 5.08 bp | 35.2 bp −$35 | 65.0 bp −$650 | 242.4 bp −$24.2K | 445.3 bp −$222.7K |
| Sell BingX live order book, 2 min ago | 2.31 bp | 51.2 bp −$51 | 177.5 bp −$1,775 | 658.3 bp −$65.8K | 854.4 bp −$427.2K |
KOMA on 7 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 KOMA_USDT | +0.0100% | 4h | 0.02360 | −0.363% | $3.3M | $90K | 10x | as long as short |
| Variational Omni KOMA | +0.0100% | 4h | 0.02376 | +0.315% | $62K | $1K | — | as long as short |
| BingX KOMA-USDTshort | +0.3108% | 4h | 0.02369 | +0.008% | — | $1.3M | — | |
| MEXC KOMA_USDTlong | +0.3414% | 4h | 0.02369 | long leg | $388K | $127K | 100x | |
| Binance KOMAUSDT | +0.3495% | 4h | 0.02370 | +0.046% | $8.8M | $4.6M | 10x | as long as short |
| Aster KOMAUSDT | +0.3604% | 4h | 0.02371 | +0.093% | $464K | $151K | 5x | as long as short |
| KuCoin KOMAUSDTM | +0.5600% | 4h | 0.02371 | +0.106% | $720K | $87K | 10x | as long as short |
Gate KOMA_USDT
Variational Omni KOMA
Binance KOMAUSDT
Aster KOMAUSDT
KuCoin KOMAUSDTM