Funding you earn now, next payment 08:00 UTC−0.0236%/8h= −25.8% APRnext payment −$1.18 per $10,000 · paid last 24h −0.062%
Price spread now: MEXC against BingX−0.071%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1041.040% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.071%, 7d avg −0.078%
=The price spread sits at its 7-day average of −0.078%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.135% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OG-USDT | 2.8140 | 0.0336 | pay 0.0168% / 4h | 23m 41s | — | $6.5M | — |
| Short | MEXC OG_USDT | 2.8120 | 0.0100 | get 0.0050% / 4h | 23m 41s | $736K | $229K | 50x |
BingX OG-USDT
MEXC OG_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
- −$49.56
- Price spread: −0.071% → −0.078%
- $0.67
- Slippage, 4 orders
- −$89.99
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$152.89
- Costs to cover
- 1.040%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 7 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, 2 min ago | 7.10 bp | 34.7 bp −$35 | 101.8 bp −$1,018 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 3.55 bp | 16.8 bp −$17 | 84.9 bp −$849 | 161.0 bp −$16.1K | 451.8 bp −$225.9K |
OG on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance OGUSDT | +0.0100% | 4h | 2.8114 | −0.093% | $1.9M | $1.1M | 25x | as long as short |
| Gate OG_USDT | +0.0100% | 4h | 2.8150 | +0.036% | $98K | $30K | 25x | as long as short |
| MEXC OG_USDTshort | +0.0100% | 4h | 2.8120 | −0.071% | $736K | $229K | 50x | |
| KuCoin OGUSDTM | +0.0100% | 4h | 2.8157 | +0.060% | $166K | $60K | 25x | as long as short |
| Bitget OGUSDT | +0.0100% | 4h | 2.8137 | −0.011% | $243K | $156K | 20x | as long as short |
| Variational Omni OG | +0.0100% | 8h | 2.8190 | +0.177% | $1K | $462 | — | as long as short |
| Bybit OGUSDT | +0.0330% | 8h | 2.8140 | 0.000% | $525K | $154K | 13x | as long as short |
| BingX OG-USDTlong | +0.0336% | 4h | 2.8140 | long leg | — | $6.5M | — |
Binance OGUSDT
Gate OG_USDT
KuCoin OGUSDTM
Bitget OGUSDT
Variational Omni OG
Bybit OGUSDT