Settings8H · net · $10k
Funding arb · Price arb /

OTC

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0120%/8h= −13.1% APRnext payment $0.60 per $10,000 · paid last 24h
Price spread now: BingX against MEXC+0.293%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 hours (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BingX is 0.293% dearer against MEXC than usual: you sell high and buy low (spread +0.293% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OTC_USDT0.010240.0400pay 0.0200% / 4h1h 43m$23K$30K20x
ShortBingX OTC-USDT0.010270.0280get 0.0140% / 4h1h 43m$1.1M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$25.2
Price spread: +0.293% → 0.000%
$29.3
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$9.9
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: MEXC: no order-book sample; BingX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC no order-book sample
Sell BingX live order book, 4 min ago43.92 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

OTC on 2 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX OTC-USDTshort+0.0280%4h0.01027+0.293%$1.1M
MEXC OTC_USDTlong+0.0400%4h0.01024long leg$23K$30K20x