Funding you earn now, next payment 04:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.41 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against MEXC−0.525%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BingX is 0.525% cheaper against MEXC than usual: you would sell low and buy high (spread −0.525% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$53 on $10k: about 21 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.003% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MICRODUCK_USDT | 0.004760 | −0.0272 | get 0.0136% / 4h | 27m 54s | $16K | $90K | 20x |
| Short | BingX MICRODUCK-USDT | 0.004735 | −0.0190 | pay 0.0095% / 4h | 27m 54s | — | $124K | — |
MEXC MICRODUCK_USDT
BingX MICRODUCK-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
- $17.22
- Price spread: −0.525% → 0.000%
- −$52.52
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$65.3
- Costs to cover
- 0.300%
- Break-even
- 33.5 days
Slippage unknown: MEXC: no order-book sample; BingX: live order book, 52 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 52 min ago | 61.12 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MICRODUCK on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC MICRODUCK_USDTlong | −0.0272% | 4h | 0.004760 | long leg | $16K | $90K | 20x | |
| BingX MICRODUCK-USDTshort | −0.0190% | 4h | 0.004735 | −0.525% | — | $124K | — | |
| Gate MICRODUCK_USDT | +0.0100% | 4h | 0.004680 | −1.681% | $51K | $24K | 10x | as long as short |
Gate MICRODUCK_USDT