Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against MEXC−0.074%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1201.198% of the position
Funding, last 7 days+0.055%+$6 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.074%, 7d avg −0.057%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDER_USDT | 0.04073 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $275K | $100K | 20x |
| Short | BingX ORDER-USDT | 0.04070 | 0.0100 | get 0.0050% / 4h | 3h 31m | — | $1.3M | — |
MEXC ORDER_USDT
BingX ORDER-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: −0.074% → −0.057%
- −$1.64
- Slippage, 4 orders
- −$105.76
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$121.4
- Costs to cover
- 1.198%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 13 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, 3 min ago | 2.45 bp | 20.8 bp −$21 | 85.5 bp −$855 | 261.0 bp −$26.1K | doesn't fit |
| Sell BingX live order book, 13 min ago | 7.38 bp | 38.7 bp −$39 | 125.1 bp −$1,251 | 643.5 bp −$64.3K | 904.9 bp −$452.5K |
ORDER on 11 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 | 0.04073 | +0.005% | $1.4M | $1.9M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04063 | −0.246% | $1.3M | $730K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04074 | +0.025% | $169K | $298K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04068 | −0.123% | $76K | $46K | 20x | as long as short |
| MEXC ORDER_USDTlong | +0.0100% | 4h | 0.04073 | long leg | $275K | $100K | 20x | |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04063 | −0.246% | $224K | $82K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04067 | −0.147% | $482K | $253K | 20x | as long as short |
| BingX ORDER-USDTshort | +0.0100% | 4h | 0.04070 | −0.074% | — | $1.3M | — | |
| Variational Omni ORDER | +0.0100% | 8h | 0.04060 | −0.324% | $11K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0101% | 8h | 0.04064 | −0.221% | $65K | $7K | 16x | as long as short |
Binance ORDERUSDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
Variational Omni ORDER
BloFin ORDER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0618% | 4h | 0.04074 | +0.025% | $192K | $126K | 10x | as long as short |
Orderly PERP_ORDER_USDC