Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.077%
Price spread now: MEXC against BingX−0.082%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1091.092% of the position
Funding, last 7 days−0.362%−$36 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.082%, 7d avg −0.057%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.025% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000000MOG-USDT | 0.0000001213 | 0.0200 | pay 0.0100% / 4h | 3h 10m | — | $1.4M | — |
| Short | MEXC 1000000MOG_USDT | 0.0000001212 | 0.0100 | get 0.0050% / 4h | 3h 10m | $734K | $223K | 100x |
Funding 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
- −$21
- Price spread: −0.082% → −0.057%
- −$2.52
- Slippage, 4 orders
- −$95.2
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$132.71
- Costs to cover
- 1.092%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 35 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, 6 min ago | 12.30 bp | 34.9 bp −$35 | 188.0 bp −$1,880 | 728.8 bp −$72.9K | 1147.7 bp −$573.9K |
| Sell MEXC live order book, 35 min ago | 8.16 bp | 21.7 bp −$22 | 70.1 bp −$701 | 263.8 bp −$26.4K | doesn't fit |
MOG 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000MOG_USDC-PERPETUAL | −0.4664% | 1h | 0.0000001215 | +0.165% | $32K | $30K | 10x | as long as short |
| Binance 1000000MOGUSDT | +0.0100% | 4h | 0.0000001213 | 0.000% | $1.2M | $4.0M | 50x | as long as short |
| Bybit 1000000MOGUSDT | +0.0100% | 4h | 0.0000001215 | +0.132% | $1.7M | $2.4M | 50x | as long as short |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001214 | +0.082% | $448K | $347K | 25x | as long as short |
| MEXC 1000000MOG_USDTshort | +0.0100% | 4h | 0.0000001212 | −0.082% | $734K | $223K | 100x | |
| Bitget 1000000MOGUSDT | +0.0100% | 4h | 0.0000001213 | 0.000% | $341K | $176K | 50x | as long as short |
| BloFin 1000000MOG-USDT | +0.0149% | 4h | 0.0000001215 | +0.165% | $78K | $21K | 50x | as long as short |
| Variational Omni 1000000MOG | +0.0178% | 4h | 0.0000001217 | +0.352% | $6K | $14K | — | as long as short |
| BingX 1000000MOG-USDTlong | +0.0200% | 4h | 0.0000001213 | long leg | — | $1.4M | — | |
| Kraken Futures PF_MOGUSD | +0.0376% | 1h | 0.0000001213 | −0.033% | $49K | $41K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin 1000000MOGUSDTM | +0.0660% | 4h | 0.0000001217 | +0.330% | $668K | $155K | 30x | as long as short |
| Coinbase International 1000MOG-PERP-INTX | +0.0944% | 1h | 0.0000001221 | +0.660% | $67K | $10K | 25x | as long as short |
BingX 1000000MOG-USDT
MEXC 1000000MOG_USDT
Deribit 1000MOG_USDC-PERPETUAL
Binance 1000000MOGUSDT
Bybit 1000000MOGUSDT
Gate MOG_USDT
Bitget 1000000MOGUSDT
BloFin 1000000MOG-USDT
Variational Omni 1000000MOG
Kraken Futures PF_MOGUSD
KuCoin 1000000MOGUSDTM
Coinbase International 1000MOG-PERP-INTX