Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against MEXC−0.036%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 7 days+0.164%+$16 · spread now −0.036%, 7d avg +0.017%
=Funding pays, the price is against you. BingX is 0.052% cheaper against MEXC than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.017%). If the spread goes back, that is −$5 on $10k: about 11 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.211% in total) that is about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC O_USDT | 0.5625 | 0.0460 | pay 0.0230% / 4h | 1m 30s | $971K | $178K | 50x |
| Short | BingX O-USDT | 0.5623 | 0.0476 | get 0.0238% / 4h | 1m 30s | — | $1.6M | — |
MEXC O_USDT
BingX O-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
- $3.36
- Price spread: −0.036% → +0.017%
- −$5.21
- Slippage, 4 orders
- −$82.35
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$102.21
- Costs to cover
- 1.004%
- Break-even
- 219.9 days
Slippage from MEXC: live order book, 49 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, 49 min ago | 1.80 bp | 12.9 bp −$13 | 71.0 bp −$710 | 449.7 bp −$45.0K | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.45 bp | 41.9 bp −$42 | 166.6 bp −$1,666 | 1081.2 bp −$108.1K | 1418.2 bp −$709.1K |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OUSDT | +0.0100% | 4h | 0.5612 | −0.232% | $20K | $50K | 3x | as long as short |
| Gate O_USDT | +0.0100% | 4h | 0.5617 | −0.142% | $1.5M | $543K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5624 | −0.018% | $1.6M | $327K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5608 | −0.311% | $3K | $518 | — | as long as short |
| Binance OUSDT | +0.0157% | 4h | 0.5625 | −0.004% | $4.8M | $2.0M | 10x | as long as short |
| KuCoin OUSDTM | +0.0328% | 4h | 0.5624 | −0.018% | $1.3M | $676K | 20x | as long as short |
| Bybit OUSDT | +0.0389% | 4h | 0.5621 | −0.071% | $718K | $937K | 20x | as long as short |
| BloFin O-USDT | +0.0396% | 4h | 0.5611 | −0.249% | $240K | $6K | 20x | as long as short |
| MEXC O_USDTlong | +0.0460% | 4h | 0.5625 | long leg | $971K | $178K | 50x | |
| OKX O-USDT-SWAP | +0.0462% | 4h | 0.5628 | +0.053% | $1.5M | $1.1M | 10x | as long as short |
Aster OUSDT
Gate O_USDT
Bitget OUSDT
Variational Omni O
Binance OUSDT
KuCoin OUSDTM
Bybit OUSDT
BloFin O-USDT
OKX O-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX O-USDTshort | +0.0476% | 4h | 0.5623 | −0.036% | — | $1.6M | — |