Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BingX−0.335%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. MEXC is 0.335% cheaper against BingX than usual: you would sell low and buy high (spread −0.335% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$34 on $10k: about 9.3 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.016% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PROLOGUE-USDT | 0.01044 | 0.0280 | pay 0.0140% / 4h | 1h 33m | — | $106K | — |
| Short | MEXC PROLOGUE_USDT | 0.01040 | 0.0400 | get 0.0200% / 4h | 1h 33m | $18K | $87K | 20x |
BingX PROLOGUE-USDT
MEXC PROLOGUE_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
- $25.2
- Price spread: −0.335% → 0.000%
- −$33.53
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- −$38.33
- Costs to cover
- 0.300%
- Break-even
- 17.6 days
Slippage unknown: BingX: live order book, 26 min ago; MEXC: no order-book sample. Net counts fees only.
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, 26 min ago | 192.21 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC no order-book sample | — | — | — | — | — |
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.
PROLOGUE on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PROLOGUE_USDT | +0.0100% | 4h | 0.01037 | −0.652% | $48K | $30K | 10x | as long as short |
| BingX PROLOGUE-USDTlong | +0.0280% | 4h | 0.01044 | long leg | — | $106K | — | |
| MEXC PROLOGUE_USDTshort | +0.0400% | 4h | 0.01040 | −0.335% | $18K | $87K | 20x |
Gate PROLOGUE_USDT