Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.060%
Price spread now: MEXC against BingX−0.032%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$770.770% of the position
Funding, last 7 days+0.677%+$68 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.032%, 7d avg −0.040%
=The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LONGXIA-USDT | 0.2189 | 0.0070 | pay 0.0035% / 4h | 28m 41s | — | $2.2M | — |
| Short | MEXC LONGXIA_USDT | 0.2188 | 0.0100 | get 0.0050% / 4h | 28m 41s | $1.7M | $1.5M | 50x |
BingX LONGXIA-USDT
MEXC LONGXIA_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
- $6.3
- Price spread: −0.032% → −0.040%
- $0.78
- Slippage, 4 orders
- −$62.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$69.91
- Costs to cover
- 0.770%
- Break-even
- 84.7 days
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 3 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, 4 min ago | 4.33 bp | 22.5 bp −$23 | 112.4 bp −$1,124 | 841.3 bp −$84.1K | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.14 bp | 11.5 bp −$12 | 38.4 bp −$384 | 248.4 bp −$24.8K | 599.9 bp −$299.9K |
LONGXIA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LONGXIA-USDTlong | +0.0070% | 4h | 0.2189 | long leg | — | $2.2M | — | |
| MEXC LONGXIA_USDTshort | +0.0100% | 4h | 0.2188 | −0.032% | $1.7M | $1.5M | 50x | |
| Bybit LONGXIAUSDT | +0.0626% | 4h | 0.2186 | −0.123% | $770K | $7.3M | 10x | as long as short |
| KuCoin LONGXIAUSDTM | +0.0952% | 4h | 0.2189 | +0.002% | $35.6M | $4.3M | 10x | as long as short |
Bybit LONGXIAUSDT
KuCoin LONGXIAUSDTM