Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX0.000%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$560.563% of the position
Funding, last 7 days−0.448%−$45 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now 0.000%, 7d avg +0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PI-USDT | 0.09172 | 0.0100 | pay 0.0050% / 4h | 1h 15m | — | $6.6M | — |
| Short | MEXC PI_USDT | 0.09172 | 0.0100 | get 0.0050% / 4h | 1h 15m | $10.0M | $1.5M | 125x |
BingX PI-USDT
MEXC PI_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: 0.000% → +0.014%
- −$1.36
- Slippage, 4 orders
- −$42.31
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$57.67
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago | 4.36 bp | 16.7 bp −$17 | 64.5 bp −$645 | 273.6 bp −$27.4K | 589.8 bp −$294.9K |
| Sell MEXC live order book, 2 min ago | 1.64 bp | 10.6 bp −$11 | 51.5 bp −$515 | 172.9 bp −$17.3K | 286.4 bp −$143.2K |
PI on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PIUSDT | −0.0106% | 4h | 0.09160 | −0.131% | $5.0M | $2.1M | 50x | as long as short |
| Injective PI/USDC PERP | +0.0033% | 1h | 0.09090 | −0.894% | $1 | $75K | 5.5x | as long as short |
| OKX PI-USDT-SWAP | +0.0100% | 4h | 0.09171 | −0.011% | $2.6M | $7.2M | 20x | as long as short |
| Gate PI_USDT | +0.0100% | 4h | 0.09170 | −0.022% | $2.7M | $2.5M | 50x | as long as short |
| MEXC PI_USDTshort | +0.0100% | 4h | 0.09172 | 0.000% | $10.0M | $1.5M | 125x | |
| BingX PI-USDTlong | +0.0100% | 4h | 0.09172 | long leg | — | $6.6M | — |
Bitget PIUSDT
Injective PI/USDC PERP
OKX PI-USDT-SWAP
Gate PI_USDT