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: BingX against MEXC−0.033%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$560.562% of the position
Funding, last 7 days+0.448%+$45 on $10k
+Price spread, last 7 days+0.005%+$1 · spread now −0.033%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PI_USDT | 0.09163 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $9.7M | $1.5M | 125x |
| Short | BingX PI-USDT | 0.09160 | 0.0100 | get 0.0050% / 4h | 2h 05m | — | $6.6M | — |
MEXC PI_USDT
BingX PI-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: −0.033% → −0.013%
- −$2
- Slippage, 4 orders
- −$42.21
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$58.21
- Costs to cover
- 0.562%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BingX: 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 MEXC live order book, 3 min ago | 1.09 bp | 8.6 bp −$9 | 52.5 bp −$525 | 170.5 bp −$17.0K | 281.7 bp −$140.9K |
| Sell BingX live order book, 2 min ago | 3.82 bp | 15.1 bp −$15 | 61.6 bp −$616 | 204.0 bp −$20.4K | 517.7 bp −$258.9K |
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 | −0.0172% | 4h | 0.09140 | −0.251% | $5.0M | $2.1M | 50x | as long as short |
| Injective PI/USDC PERP | +0.0033% | 1h | 0.09090 | −0.797% | $1 | $75K | 5.5x | as long as short |
| OKX PI-USDT-SWAP | +0.0100% | 4h | 0.09163 | 0.000% | $2.6M | $7.2M | 20x | as long as short |
| Gate PI_USDT | +0.0100% | 4h | 0.09160 | −0.033% | $2.7M | $2.5M | 50x | as long as short |
| MEXC PI_USDTlong | +0.0100% | 4h | 0.09163 | long leg | $9.7M | $1.5M | 125x | |
| BingX PI-USDTshort | +0.0100% | 4h | 0.09160 | −0.033% | — | $6.6M | — |
Bitget PIUSDT
Injective PI/USDC PERP
OKX PI-USDT-SWAP
Gate PI_USDT