MARSCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0328%/8h= +35.9% APRnext payment +$1.64 per $10,000 · paid last 24h +0.110%

Price spread now: BingX against Phemex+0.048%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1271.267% of the position

Long on Phemex Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.136%+$14 on $10k

Price spread, last 4 days (all we have)−1.931%−$193 · spread now +0.048%, 7d avg +0.016%

Together, before fees−1.796%−$180 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.032% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.016%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.136% in total (about 7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.64 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	Phemex MARSCOINUSDT	0.1041	0.0100	pay 0.0050% / 4h	1h 31m	$1.5M	$2.6M	20x
Short	BingX MARSCOIN-USDT	0.1041	0.0428	get 0.0214% / 4h	1h 31m	—	$1.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee BingXbpOrdersPrice spread, now +0.048%Rate

Funding earned: $68.88
Price spread: +0.048% → +0.016%: $3.22
Slippage, 4 orders: −$104.73
Fee Phemex: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$54.63
Costs to cover: 1.267%
Break-even: 12.6 days

Slippage from Phemex: live order book, 3 min ago; BingX: live order book, 14 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 Phemex live order book, 3 min ago	4.78 bp	36.1 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 14 min ago	3.85 bp	23.6 bp −$24	69.3 bp −$693	364.7 bp −$36.5K	1213.3 bp −$606.7K

MARSCOIN 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
Binance MARSCOINUSDT	+0.0100%	4h	0.1041	+0.050%	$23.2M	$59.4M	20x	as long as short
Gate MARSCOIN_USDT	+0.0100%	4h	0.1041	+0.019%	$1.7M	$2.3M	20x	as long as short
MEXC MARSCOIN_USDT	+0.0100%	4h	0.1040	−0.029%	$3.2M	$1.1M	20x	as long as short
SunX MARSCOIN-USDT	+0.0100%	4h	0.1040	−0.058%	—	$768K	10x	as long as short
HTX MARSCOIN-USDT	+0.0100%	4h	0.1046	+0.461%	$102K	$702K	20x	as long as short
Phemex MARSCOINUSDTlong	+0.0100%	4h	0.1041	long leg	$1.5M	$2.6M	20x
Bitget MARSCOINUSDT	+0.0208%	4h	0.1044	+0.279%	$2.3M	$6.9M	20x	as long as short
Aster MARSCOINUSDT	+0.0317%	4h	0.1041	+0.037%	$616K	$946K	10x	as long as short
BloFin MARSCOIN-USDT	+0.0340%	4h	0.1040	−0.067%	$1.1M	$390K	20x	as long as short
BingX MARSCOIN-USDTshort	+0.0428%	4h	0.1041	+0.048%	—	$1.2M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MARSCOINUSDT	+0.0457%	4h	0.1042	+0.077%	$7.3M	$14.3M	20x	as long as short
KuCoin MARSCOINUSDTM	+0.0494%	4h	0.1041	+0.067%	$1.3M	$2.5M	20x	as long as short