Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: MEXC against BingX+0.147%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1341.343% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.147%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.086% dearer against BingX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDER-USDT | 0.04087 | 0.0100 | pay 0.0050% / 4h | 2h 07m | — | $1.3M | — |
| Short | MEXC ORDER_USDT | 0.04093 | 0.0100 | get 0.0050% / 4h | 2h 07m | $277K | $101K | 20x |
BingX ORDER-USDT
MEXC ORDER_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
- $0
- Price spread: +0.147% → +0.061%
- $8.58
- Slippage, 4 orders
- −$120.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$125.69
- Costs to cover
- 1.343%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 42 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 | 6.10 bp | 40.6 bp −$41 | 155.8 bp −$1,558 | 676.0 bp −$67.6K | 923.7 bp −$461.8K |
| Sell MEXC live order book, 42 min ago | 4.99 bp | 25.1 bp −$25 | 88.2 bp −$882 | 264.4 bp −$26.4K | doesn't fit |
ORDER on 10 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 ORDERUSDT | +0.0100% | 4h | 0.04090 | +0.073% | $1.4M | $1.8M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04079 | −0.196% | $1.3M | $717K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04091 | +0.098% | $167K | $320K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04083 | −0.098% | $77K | $69K | 20x | as long as short |
| MEXC ORDER_USDTshort | +0.0100% | 4h | 0.04093 | +0.147% | $277K | $101K | 20x | |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04083 | −0.098% | $229K | $92K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04087 | 0.000% | $489K | $236K | 20x | as long as short |
| BingX ORDER-USDTlong | +0.0100% | 4h | 0.04087 | long leg | — | $1.3M | — | |
| Variational Omni ORDER | +0.0100% | 8h | 0.04067 | −0.482% | $10K | $2K | — | as long as short |
| Orderly PERP_ORDER_USDC | +0.0749% | 4h | 0.04090 | +0.073% | $193K | $200K | 10x | as long as short |
Binance ORDERUSDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
Variational Omni ORDER
Orderly PERP_ORDER_USDC