Funding you earn now, next payment 04:00 UTC−0.0814%/8h= −89.1% APRnext payment −$4.07 per $10,000 · paid last 24h −0.067%
Price spread now: MEXC against BingX+0.047%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−0.081%−$8 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. MEXC is 0.047% dearer against BingX than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.081% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PROMPT-USDT | 0.02147 | 0.0914 | pay 0.0457% / 4h | 3h 10m | — | $6.5M | — |
| Short | MEXC PROMPT_USDT | 0.02148 | 0.0100 | get 0.0050% / 4h | 3h 10m | $97K | $94K | 20x |
BingX PROMPT-USDT
MEXC PROMPT_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
- −$170.94
- Price spread: +0.047% → 0.000%
- $4.66
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$180.28
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 10 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, 10 min ago | 9.30 bp | 41.4 bp −$41 | 134.1 bp −$1,341 | 1311.5 bp −$131.1K | 1526.1 bp −$763.0K |
| 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.
PROMPT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PROMPTUSDT | +0.0100% | 4h | 0.02148 | +0.047% | $1.1M | $1.1M | 40x | as long as short |
| MEXC PROMPT_USDTshort | +0.0100% | 4h | 0.02148 | +0.047% | $97K | $94K | 20x | |
| Aster PROMPTUSDT | +0.0221% | 4h | 0.02145 | −0.091% | $3K | $150 | 5x | as long as short |
| Variational Omni PROMPT | +0.0459% | 4h | 0.02148 | +0.053% | $4K | $2K | — | as long as short |
| KuCoin PROMPTUSDTM | +0.0478% | 4h | 0.02155 | +0.373% | $80K | $69K | 30x | as long as short |
| Gate PROMPT_USDT | +0.0496% | 4h | 0.02148 | +0.047% | $525K | $53K | 20x | as long as short |
| BingX PROMPT-USDTlong | +0.0914% | 4h | 0.02147 | long leg | — | $6.5M | — | |
| Bybit PROMPTUSDT | +0.1104% | 4h | 0.02149 | +0.093% | $322K | $130K | 5x | as long as short |
| Kraken Futures PF_PROMPTUSD | +3.9649% | 1h | 0.02147 | −0.002% | $2K | $3K | 10x | as long as short |
Binance PROMPTUSDT
Aster PROMPTUSDT
Variational Omni PROMPT
KuCoin PROMPTUSDTM
Gate PROMPT_USDT
Bybit PROMPTUSDT
Kraken Futures PF_PROMPTUSD