Funding you earn now, next payment 08:00 UTC−0.0525%/8h= −57.5% APRnext payment −$2.62 per $10,000 · paid last 24h −0.044%
Price spread now: MEXC against BingX−0.083%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1231.229% of the position
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.083%, 7d avg −0.082%
=The price spread sits at its 7-day average of −0.082%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.141% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.62 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 LUMIA-USDT | 0.08426 | 0.0625 | pay 0.0312% / 4h | 1h 31m | — | $1.3M | — |
| Short | MEXC LUMIA_USDT | 0.08419 | 0.0100 | get 0.0050% / 4h | 1h 31m | $184K | $125K | 100x |
BingX LUMIA-USDT
MEXC LUMIA_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
- −$110.21
- Price spread: −0.083% → −0.082%
- −$0.1
- Slippage, 4 orders
- −$108.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$233.19
- Costs to cover
- 1.229%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 49 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 | 4.74 bp | 29.8 bp −$30 | 461.9 bp −$4,619 | 703.6 bp −$70.4K | 901.6 bp −$450.8K |
| Sell MEXC live order book, 49 min ago | 2.37 bp | 40.9 bp −$41 | 76.1 bp −$761 | 202.1 bp −$20.2K | 498.2 bp −$249.1K |
LUMIA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance LUMIAUSDT | +0.0100% | 4h | 0.08417 | −0.105% | $4.8M | $2.0M | 10x | as long as short |
| Gate LUMIA_USDT | +0.0100% | 4h | 0.08423 | −0.036% | $306K | $39K | 20x | as long as short |
| MEXC LUMIA_USDTshort | +0.0100% | 4h | 0.08419 | −0.083% | $184K | $125K | 100x | |
| Aster LUMIAUSDT | +0.0142% | 4h | 0.08438 | +0.142% | $989K | $2K | 5x | as long as short |
| Variational Omni LUMIA | +0.0430% | 4h | 0.08439 | +0.155% | $6K | $5K | — | as long as short |
| Bitget LUMIAUSDT | +0.0440% | 4h | 0.08438 | +0.142% | $2.7M | $340K | 10x | as long as short |
| Bybit LUMIAUSDT | +0.0565% | 4h | 0.08435 | +0.107% | $725K | $307K | 25x | as long as short |
| BingX LUMIA-USDTlong | +0.0625% | 4h | 0.08426 | long leg | — | $1.3M | — |
Binance LUMIAUSDT
Gate LUMIA_USDT
Aster LUMIAUSDT
Variational Omni LUMIA
Bitget LUMIAUSDT
Bybit LUMIAUSDT