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: BingX against MEXC+0.250%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. BingX is 0.250% dearer against MEXC than usual: you sell high and buy low (spread +0.250% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.9 days. At the pace of the last 7 days (−0.016% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PROLOGUE_USDT | 0.01081 | 0.0400 | pay 0.0200% / 4h | 40m 06s | $19K | $87K | 20x |
| Short | BingX PROLOGUE-USDT | 0.01084 | 0.0280 | get 0.0140% / 4h | 40m 06s | — | $105K | — |
MEXC PROLOGUE_USDT
BingX PROLOGUE-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
- −$25.2
- Price spread: +0.250% → 0.000%
- $24.97
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$30.23
- Costs to cover
- 0.300%
- Break-even
- never at this rate
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 4 min ago | 171.25 bp | doesn't fit | doesn't fit | doesn't fit | doesn'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.
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 | 0.01092 | +0.971% | $50K | $30K | 10x | as long as short |
| BingX PROLOGUE-USDTshort | +0.0280% | 4h | 0.01084 | +0.250% | — | $105K | — | |
| MEXC PROLOGUE_USDTlong | +0.0400% | 4h | 0.01081 | long leg | $19K | $87K | 20x |
Gate PROLOGUE_USDT