Funding you earn now, next payment 23:00 UTC−0.0320%/8h= −35.0% APRnext payment −$0.40 per $10,000 · paid last 24h −0.488%
Price spread now: MEXC against BingX−0.164%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$716as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days−6.901%−$690 on $10k
+Price spread, last 7 days+0.155%+$15 · spread now −0.164%, 7d avg −0.060%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.104% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LSK-USDT | 0.3657 | 0.0104 | pay 0.0013% / 1h | 53m 29s | — | $3.0M | — |
| Short | MEXC LSK_USDT | 0.3651 | −0.0216 | pay 0.0027% / 1h | 53m 29s | $8.1M | $2.5M | 20x |
BingX LSK-USDT
MEXC LSK_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
- −$67.2
- Price spread: −0.164% → −0.060%
- −$10.4
- Slippage, 4 orders
- −$12.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$103.88
- Costs to cover
- 0.263%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; MEXC: live order book, 4 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, 11 min ago | 1.23 bp | 8.2 bp −$8 | 30.0 bp −$300 | 383.8 bp −$38.4K | 736.7 bp −$368.4K |
| Sell MEXC live order book, 4 min ago | 0.14 bp | 5.3 bp −$5 | 30.6 bp −$306 | 102.2 bp −$10.2K | 498.7 bp −$249.3K |
LSK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LSKUSDT | −0.0534% | 1h | 0.3651 | −0.165% | $62K | $120K | 5x | as long as short |
| Binance LSKUSDT | −0.0236% | 1h | 0.3655 | −0.041% | $15.2M | $95.5M | 50x | as long as short |
| MEXC LSK_USDTshort | −0.0216% | 1h | 0.3651 | −0.164% | $8.1M | $2.5M | 20x | |
| Gate LSK_USDT | +0.0096% | 1h | 0.3658 | +0.030% | $1.5M | $2.7M | 20x | as long as short |
| Variational Omni LSK | +0.0100% | 1h | 0.3661 | +0.121% | $28K | $235K | — | as long as short |
| Bybit LSKUSDT | +0.0100% | 1h | 0.3659 | +0.044% | $9.9M | $20.2M | 25x | as long as short |
| HTX LSK-USDT | +0.0100% | 1h | 0.3664 | +0.183% | $61K | $305K | 20x | as long as short |
| Bitget LSKUSDT | +0.0104% | 1h | 0.3652 | −0.134% | $2.6M | $8.9M | 50x | as long as short |
| BingX LSK-USDTlong | +0.0104% | 1h | 0.3657 | long leg | — | $3.0M | — | |
| Kraken Futures PF_LSKUSD | +0.0238% | 1h | 0.3651 | −0.154% | $112K | $178K | 10x | as long as short |
Aster LSKUSDT
Binance LSKUSDT
Gate LSK_USDT
Variational Omni LSK
Bybit LSKUSDT
HTX LSK-USDT
Bitget LSKUSDT
Kraken Futures PF_LSKUSD