Funding you earn now, next payment 04:00 UTC−0.0318%/8h= −34.9% APRnext payment −$1.59 per $10,000 · paid last 24h −0.015%
Price spread now: BingX against MEXC−0.027%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days−0.456%−$46 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.027%, 7d avg +0.025%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BingX is 0.052% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LA_USDT | 0.07423 | −0.0108 | get 0.0054% / 4h | 2m 32s | $378K | $135K | 50x |
| Short | BingX LA-USDT | 0.07421 | −0.0426 | pay 0.0213% / 4h | 2m 32s | — | $6.6M | — |
MEXC LA_USDT
BingX LA-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
- −$66.86
- Price spread: −0.027% → +0.025%
- −$5.22
- Slippage, 4 orders
- −$31.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$117.51
- Costs to cover
- 0.454%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 38 min ago; BingX: live order book, 9 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, 38 min ago | 0.68 bp | 10.2 bp −$10 | 62.5 bp −$625 | 493.9 bp −$49.4K | doesn't fit |
| Sell BingX live order book, 9 min ago | 2.02 bp | 12.1 bp −$12 | 23.3 bp −$233 | 600.2 bp −$60.0K | 1103.3 bp −$551.6K |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0450% | 4h | 0.07414 | −0.121% | $2.0M | $489K | 25x | as long as short |
| BingX LA-USDTshort | −0.0426% | 4h | 0.07421 | −0.027% | — | $6.6M | — | |
| KuCoin LAUSDTM | −0.0426% | 4h | 0.07419 | −0.054% | $1.0M | $85K | 30x | as long as short |
| Gate LA_USDT | −0.0344% | 4h | 0.07414 | −0.121% | $235K | $841K | 50x | as long as short |
| Aster LAUSDT | −0.0243% | 4h | 0.07423 | −0.004% | $51K | $24K | 5x | as long as short |
| OKX LA-USDT-SWAP | −0.0141% | 4h | 0.07426 | +0.040% | $1.3M | $3.1M | 20x | as long as short |
| Binance LAUSDT | −0.0109% | 4h | 0.07422 | −0.015% | $4.7M | $9.8M | 25x | as long as short |
| MEXC LA_USDTlong | −0.0108% | 4h | 0.07423 | long leg | $378K | $135K | 50x | |
| BloFin LA-USDT | −0.0052% | 4h | 0.07417 | −0.081% | $246K | $20K | 25x | as long as short |
| Bybit LAUSDT | −0.0004% | 4h | 0.07426 | +0.040% | $2.3M | $2.6M | 25x | as long as short |
Bitget LAUSDT
KuCoin LAUSDTM
Gate LA_USDT
Aster LAUSDT
OKX LA-USDT-SWAP
Binance LAUSDT
BloFin LA-USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | −0.175% | $146K | $467K | 10x | as long as short |
GRVT LA_USDT_Perp