Funding you earn now, next payment 00:00 UTC−0.0792%/8h= −86.7% APRnext payment −$0.99 per $10,000 · paid last 24h +0.274%
Price spread now: MEXC against BingX+0.034%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$560.560% of the position
Funding, last 7 days−1.139%−$114 on $10k
+Price spread, last 7 days+0.069%+$7 · spread now +0.034%, 7d avg −0.053%
=The price spread pays, funding is against you. MEXC is 0.087% dearer against BingX than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.053%): +$9 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONE-USDT | 0.004074 | −0.0072 | get 0.0009% / 1h | 30m 03s | — | $6.6M | — |
| Short | MEXC ONE_USDT | 0.004076 | −0.0864 | pay 0.0108% / 1h | 30m 03s | $10.3M | $16.8M | 20x |
BingX ONE-USDT
MEXC ONE_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
- −$166.32
- Price spread: +0.034% → −0.053%
- $8.74
- Slippage, 4 orders
- −$41.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$213.56
- Costs to cover
- 0.560%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 4 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, 7 min ago | 3.18 bp | 11.9 bp −$12 | 37.0 bp −$370 | 329.1 bp −$32.9K | 868.8 bp −$434.4K |
| Sell MEXC live order book, 4 min ago | 0.12 bp | 18.1 bp −$18 | 72.1 bp −$721 | 263.0 bp −$26.3K | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONE | −0.5707% | 1h | 0.004050 | −0.594% | $99K | $54K | — | as long as short |
| Bitget ONEUSDT | −0.3168% | 1h | 0.004097 | +0.560% | $1.7M | $37.7M | 20x | as long as short |
| BloFin ONE-USDT | −0.1843% | 1h | 0.004052 | −0.550% | $772K | $3.1M | 50x | as long as short |
| Aster ONEUSDT | −0.1248% | 1h | 0.004069 | −0.128% | $2.1M | $8.5M | 5x | as long as short |
| MEXC ONE_USDTshort | −0.0864% | 1h | 0.004076 | +0.034% | $10.3M | $16.8M | 20x | |
| Binance ONEUSDT | −0.0853% | 1h | 0.004072 | −0.058% | $13.7M | $363.9M | 50x | as long as short |
| Gate ONE_USDT | −0.0806% | 8h | 0.004053 | −0.525% | $1.6M | $16.6M | 20x | as long as short |
| BingX ONE-USDTlong | −0.0072% | 1h | 0.004074 | long leg | — | $6.6M | — | |
| KuCoin ONEUSDTM | +0.3840% | 1h | 0.004237 | +3.991% | $4.5M | $13.1M | 30x | as long as short |
Variational Omni ONE
Bitget ONEUSDT
BloFin ONE-USDT
Aster ONEUSDT
Binance ONEUSDT
Gate ONE_USDT
KuCoin ONEUSDTM