Funding you earn now, next payment 12:00 UTC+0.0938%/8h= +102.7% APRnext payment +$4.69 per $10,000 · paid last 24h +0.076%
Price spread now: BingX against MEXC+0.071%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now +0.071%, 7d avg +0.083%
=The price spread sits at its 7-day average of +0.083%, so right now this pair is about funding alone: +$28 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 0.172% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.69 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 LUMIA_USDT | 0.08480 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $190K | $125K | 100x |
| Short | BingX LUMIA-USDT | 0.08486 | 0.1038 | get 0.0519% / 4h | 3h 01m | — | $1.3M | — |
MEXC LUMIA_USDT
BingX LUMIA-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
- $196.98
- Price spread: +0.071% → +0.083%
- −$1.24
- Slippage, 4 orders
- −$91.08
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $90.66
- Costs to cover
- 1.051%
- Break-even
- 3.8 days
Slippage from MEXC: live order book, 4 min ago; BingX: 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 MEXC live order book, 4 min ago | 4.13 bp | 21.8 bp −$22 | 78.8 bp −$788 | 207.6 bp −$20.8K | 504.3 bp −$252.2K |
| Sell BingX live order book, 4 min ago | 4.71 bp | 26.8 bp −$27 | 271.3 bp −$2,713 | 689.1 bp −$68.9K | doesn't fit |
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 | 0.08479 | −0.011% | $4.9M | $1.8M | 10x | as long as short |
| MEXC LUMIA_USDTlong | +0.0100% | 4h | 0.08480 | long leg | $190K | $125K | 100x | |
| Aster LUMIAUSDT | +0.0438% | 4h | 0.08486 | +0.067% | $995K | $2K | 5x | as long as short |
| Variational Omni LUMIA | +0.0739% | 4h | 0.08504 | +0.284% | $6K | $5K | — | as long as short |
| Bitget LUMIAUSDT | +0.0900% | 4h | 0.08498 | +0.212% | $2.7M | $320K | 10x | as long as short |
| Bybit LUMIAUSDT | +0.0928% | 4h | 0.08492 | +0.142% | $731K | $285K | 25x | as long as short |
| Gate LUMIA_USDT | +0.0932% | 4h | 0.08499 | +0.224% | $307K | $39K | 20x | as long as short |
| BingX LUMIA-USDTshort | +0.1038% | 4h | 0.08486 | +0.071% | — | $1.3M | — |
Binance LUMIAUSDT
Aster LUMIAUSDT
Variational Omni LUMIA
Bitget LUMIAUSDT
Bybit LUMIAUSDT
Gate LUMIA_USDT