Funding you earn now, next payment 08:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.60 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.035%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1031.031% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.035%, 7d avg −0.083%
=The price spread pays, funding is against you. MEXC is 0.049% dearer against BingX than usual: you sell high and buy low (spread −0.035% now, against its 7-day average of −0.083%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.019% in total) that is about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MAV-USDT | 0.01155 | 0.0160 | pay 0.0160% / 8h | 2h 37m | — | $1.2M | — |
| Short | MEXC MAV_USDT | 0.01155 | 0.0100 | get 0.0100% / 8h | 2h 37m | $506K | $100K | 50x |
BingX MAV-USDT
MEXC MAV_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
- −$12.6
- Price spread: −0.035% → −0.083%
- $4.85
- Slippage, 4 orders
- −$85.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$110.81
- Costs to cover
- 1.031%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago | 6.05 bp | 29.1 bp −$29 | 176.7 bp −$1,767 | 521.2 bp −$52.1K | 553.0 bp −$276.5K |
| Sell MEXC live order book, 2 min ago | 4.33 bp | 18.6 bp −$19 | 100.5 bp −$1,005 | 256.1 bp −$25.6K | 341.4 bp −$170.7K |
MAV 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 MAVUSDT | +0.0100% | 8h | 0.01155 | −0.002% | $1.5M | $649K | 10x | as long as short |
| Bybit MAVUSDT | +0.0100% | 8h | 0.01157 | +0.121% | $555K | $86K | 20x | as long as short |
| MEXC MAV_USDTshort | +0.0100% | 8h | 0.01155 | −0.035% | $506K | $100K | 50x | |
| KuCoin MAVUSDTM | +0.0100% | 8h | 0.01157 | +0.138% | $51K | $13K | 10x | as long as short |
| Variational Omni MAV | +0.0100% | 8h | 0.01158 | +0.256% | $2K | $3K | — | as long as short |
| Bitget MAVUSDT | +0.0160% | 8h | 0.01158 | +0.225% | $953K | $44K | 10x | as long as short |
| BingX MAV-USDTlong | +0.0160% | 8h | 0.01155 | long leg | — | $1.2M | — | |
| Gate MAV_USDT | +0.0691% | 8h | 0.01155 | −0.035% | $226K | $9K | 10x | as long as short |
Binance MAVUSDT
Bybit MAVUSDT
KuCoin MAVUSDTM
Variational Omni MAV
Bitget MAVUSDT
Gate MAV_USDT