Funding you earn now, next payment 04:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h +0.006%
Price spread now: MEXC against BingX+0.056%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$940.937% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.056%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.044% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX M-USDT | 1.4370 | 0.1638 | pay 0.0819% / 4h | 3h 17m | — | $2.4M | — |
| Short | MEXC M_USDT | 1.4378 | 0.1746 | get 0.0873% / 4h | 3h 17m | $241K | $113K | 50x |
BingX M-USDT
MEXC M_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
- $22.6
- Price spread: +0.056% → +0.012%
- $4.39
- Slippage, 4 orders
- −$79.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$66.75
- Costs to cover
- 0.937%
- Break-even
- 27.7 days
Slippage from BingX: live order book, 1 min ago; MEXC: live order book, 37 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, 1 min ago | 7.99 bp | 17.1 bp −$17 | 54.4 bp −$544 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 37 min ago | 1.03 bp | 15.3 bp −$15 | 48.1 bp −$481 | 115.5 bp −$11.6K | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4374 | +0.028% | $4.5M | $2.1M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4366 | −0.028% | $1.9M | $884K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4463 | +0.648% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4392 | +0.153% | $2K | $517 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4395 | +0.174% | $2K | $650K | 20x | as long as short |
| Bitget MUSDT | +0.0326% | 4h | 1.4390 | +0.139% | $1.9M | $264K | 10x | as long as short |
| Aster MUSDT | +0.1314% | 4h | 1.4371 | +0.009% | $15K | $116K | 5x | as long as short |
| BingX M-USDTlong | +0.1638% | 4h | 1.4370 | long leg | — | $2.4M | — | |
| Binance MUSDT | +0.1733% | 4h | 1.4382 | +0.086% | $5.5M | $4.3M | 10x | as long as short |
| MEXC M_USDTshort | +0.1746% | 4h | 1.4378 | +0.056% | $241K | $113K | 50x |
Bybit MUSDT
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Bitget MUSDT
Aster MUSDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1757% | 4h | 1.4434 | +0.445% | $353K | $432K | 10x | as long as short |
| KuCoin MUSDTM | +0.3404% | 4h | 1.4252 | −0.824% | $1.4M | $4.1M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM