Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: BingX against MEXC+0.024%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.270% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.024% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OP_USDT | 0.1269 | 0.0100 | pay 0.0100% / 8h | 4h 27m | $21.5M | $7.2M | 300x |
| Short | BingX OP-USDT | 0.1269 | 0.0100 | get 0.0100% / 8h | 4h 27m | — | $6.3M | — |
MEXC OP_USDT
BingX OP-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: +0.024% → 0.000%
- $2.36
- Slippage, 4 orders
- −$17.03
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$24.67
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; BingX: 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 MEXC live order book, 1 min ago | 0.39 bp | 3.1 bp −$3 | 26.7 bp −$267 | 65.3 bp −$6,531 | 106.9 bp −$53.4K |
| Sell BingX live order book, 7 min ago | 1.19 bp | 10.8 bp −$11 | 20.8 bp −$208 | 84.2 bp −$8,420 | 344.7 bp −$172.4K |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1607% | 1h | 0.1268 | −0.087% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1271 | +0.128% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1273 | +0.315% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1270 | +0.071% | $42K | $140K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1271 | +0.125% | — | — | 150x | as long as short |
| OKX OP-USDT-SWAP | +0.0044% | 8h | 0.1269 | +0.016% | $6.2M | $28.7M | 50x | as long as short |
| Variational Omni OP | +0.0053% | 8h | 0.1271 | +0.112% | $225K | $48K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1270 | +0.071% | $6K | $45K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1270 | +0.047% | $279K | $941K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1271 | +0.126% | $3.7M | $2.8M | 5x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
OKX OP-USDT-SWAP
Variational Omni OP
Orderly PERP_OP_USDC
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1270 | +0.086% | $212K | $219K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1269 | −0.008% | $20.5M | $60.3M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1268 | −0.047% | $18.6M | $24.9M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1270 | +0.071% | $2.0M | $1.4M | 50x | as long as short |
| MEXC OP_USDTlong | +0.0100% | 8h | 0.1269 | long leg | $21.5M | $7.2M | 300x | |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1269 | −0.008% | $2.9M | $6.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1269 | −0.008% | $5.9M | $6.4M | 75x | as long as short |
| BingX OP-USDTshort | +0.0100% | 8h | 0.1269 | +0.024% | — | $6.3M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1268 | −0.063% | $125K | $200K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1270 | +0.099% | $4K | $389K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1271 | +0.154% | $318K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1261 | −0.638% | $43K | $710K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1269 | 0.000% | $206 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1273 | +0.268% | $175K | $226K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1268 | −0.055% | $104K | $394K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1269 | +0.008% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0168% | 1h | 0.1262 | −0.559% | $24K | $63K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1273 | +0.315% | $1.0M | $280K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0347% | 1h | 0.1270 | +0.071% | $791K | $547K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0441% | 1h | 0.1272 | +0.249% | $707 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP