Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BingX+0.010%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2252.254% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.010%, 7d avg −0.018%
=The price spread pays, funding is against you. MEXC is 0.029% dearer against BingX than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.018%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OFC-USDT | 0.009528 | 0.0204 | pay 0.0102% / 4h | 28m 33s | — | $1.7M | — |
| Short | MEXC OFC_USDT | 0.009529 | 0.0182 | get 0.0091% / 4h | 28m 33s | $2.2M | $177K | 50x |
BingX OFC-USDT
MEXC OFC_USDTFunding 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
- −$4.62
- Price spread: +0.010% → −0.018%
- $2.88
- Slippage, 4 orders
- −$211.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$227.18
- Costs to cover
- 2.254%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 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, 3 min ago | 6.29 bp | 76.3 bp −$76 | 304.2 bp −$3,042 | 517.3 bp −$51.7K | 894.1 bp −$447.0K |
| Sell MEXC live order book, 3 min ago | 5.76 bp | 50.7 bp −$51 | 87.4 bp −$874 | 419.5 bp −$41.9K | doesn't fit |
OFC 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 OFC_USDTshort | +0.0182% | 4h | 0.009529 | +0.010% | $2.2M | $177K | 50x | |
| OKX OFC-USDT-SWAP | +0.0183% | 4h | 0.009529 | +0.010% | $1.2M | $3.6M | 10x | as long as short |
| BingX OFC-USDTlong | +0.0204% | 4h | 0.009528 | long leg | — | $1.7M | — |
OKX OFC-USDT-SWAP