Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC+0.116%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1401.400% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days−0.072%−$7 · spread now +0.116%, 7d avg +0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.096% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIL_USDT | 0.06901 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $2.2M | $4.2M | 100x |
| Short | BingX NIL-USDT | 0.06909 | 0.0100 | get 0.0050% / 4h | 3h 32m | — | $8.4M | — |
MEXC NIL_USDT
BingX NIL-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
- $0
- Price spread: +0.116% → +0.020%
- $9.6
- Slippage, 4 orders
- −$126.03
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$130.43
- Costs to cover
- 1.400%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 6 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 MEXC live order book, 5 min ago | 9.40 bp | 32.8 bp −$33 | 146.6 bp −$1,466 | 332.3 bp −$33.2K | 608.6 bp −$304.3K |
| Sell BingX live order book, 6 min ago | 5.09 bp | 32.5 bp −$33 | 117.2 bp −$1,172 | 499.0 bp −$49.9K | 767.3 bp −$383.6K |
NIL 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.06903 | +0.024% | $22K | $314K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.06904 | +0.043% | $5.2M | $73.6M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06913 | +0.174% | $3.8M | $13.7M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06902 | +0.014% | $438K | $1.9M | 50x | as long as short |
| MEXC NIL_USDTlong | +0.0100% | 4h | 0.06901 | long leg | $2.2M | $4.2M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06913 | +0.174% | $582K | $693K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06907 | +0.087% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDTshort | +0.0100% | 4h | 0.06909 | +0.116% | — | $8.4M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.06925 | +0.352% | $177K | $269K | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.06901 | −0.005% | $21K | $93K | 5x | as long as short |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
Variational Omni NIL
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0125% | 4h | 0.06922 | +0.304% | $345K | $125K | 50x | as long as short |
| Hyperliquid NIL | +0.0975% | 1h | 0.06921 | +0.285% | $4.3M | $4.7M | 3x | as long as short |
BloFin NIL-USDT
Hyperliquid NIL