Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.2% APRnext payment −$1.24 per $10,000 · paid last 24h −0.038%
Price spread now: MEXC against BingX−0.084%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1471.474% of the position
Funding, last 7 days−0.264%−$26 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now −0.084%, 7d avg −0.026%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.058% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MUBARAK-USDT | 0.04745 | 0.0408 | pay 0.0204% / 4h | 3h 58m | — | $3.2M | — |
| Short | MEXC MUBARAK_USDT | 0.04741 | 0.0160 | get 0.0080% / 4h | 3h 58m | $967K | $1.5M | 50x |
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
- −$52.08
- Price spread: −0.084% → −0.026%
- −$5.79
- Slippage, 4 orders
- −$133.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$205.26
- Costs to cover
- 1.474%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; MEXC: live order book, 3 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 | 5.30 bp | 19.0 bp −$19 | 54.0 bp −$540 | 367.0 bp −$36.7K | doesn't fit |
| Sell MEXC live order book, 3 min ago | 21.29 bp | 59.5 bp −$59 | 97.5 bp −$975 | 205.1 bp −$20.5K | 493.3 bp −$246.6K |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04743 | −0.040% | $2.9M | $61.2M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04693 | −1.093% | $12K | $56K | — | as long as short |
| MEXC MUBARAK_USDTshort | +0.0160% | 4h | 0.04741 | −0.084% | $967K | $1.5M | 50x | |
| Binance MUBARAKUSDT | +0.0171% | 4h | 0.04747 | +0.042% | $18.0M | $96.8M | 25x | as long as short |
| Bybit MUBARAKUSDT | +0.0175% | 4h | 0.04741 | −0.091% | $3.6M | $11.8M | 25x | as long as short |
| Kraken Futures PF_MUBARAKUSD | +0.0232% | 1h | 0.04695 | −1.052% | $58K | $450K | 10x | as long as short |
| BingX MUBARAK-USDTlong | +0.0408% | 4h | 0.04745 | long leg | — | $3.2M | — | |
| KuCoin MUBARAKUSDTM | +0.0422% | 4h | 0.04750 | +0.105% | $1.7M | $1.2M | 30x | as long as short |
| Aster MUBARAKUSDT | +0.0449% | 4h | 0.04733 | −0.253% | $13K | $477K | 5x | as long as short |
| Bitget MUBARAKUSDT | +0.0464% | 4h | 0.04753 | +0.169% | $3.1M | $7.8M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.1304% | 4h | 0.04751 | +0.126% | $7.5M | $5.4M | 50x | as long as short |
BingX MUBARAK-USDT
MEXC MUBARAK_USDT
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
Binance MUBARAKUSDT
Bybit MUBARAKUSDT
Kraken Futures PF_MUBARAKUSD
KuCoin MUBARAKUSDTM
Aster MUBARAKUSDT
Bitget MUBARAKUSDT
Gate MUBARAK_USDT