Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.010%
Price spread now: MEXC against BingX+0.224%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1271.273% of the position
Funding, last 7 days−0.345%−$34 on $10k
+Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.224%, 7d avg −0.041%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.265% dearer against BingX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.041%. Mind the row above: over the last 7 days funding on this pair cost −0.345%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PTB-USDT | 0.001117 | 0.0388 | pay 0.0194% / 4h | 2h 28m | — | $2.5M | — |
| Short | MEXC PTB_USDT | 0.001120 | 0.0402 | get 0.0201% / 4h | 2h 28m | $371K | $1.2M | 20x |
BingX PTB-USDT
MEXC PTB_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
- $2.94
- Price spread: +0.224% → −0.041%
- $26.53
- Slippage, 4 orders
- −$109.32
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$97.85
- Costs to cover
- 1.273%
- Break-even
- 240.0 days
Slippage from BingX: live order book, 1 min ago; MEXC: live order book, 3 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, 1 min ago | 3.57 bp | 38.2 bp −$38 | 116.5 bp −$1,165 | 887.3 bp −$88.7K | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.58 bp | 11.5 bp −$11 | 55.1 bp −$551 | 216.0 bp −$21.6K | doesn't fit |
PTB 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PTBUSDT | +0.0100% | 4h | 0.001117 | −0.027% | $1.7M | $28.2M | 25x | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.001122 | +0.445% | $33K | $92K | — | as long as short |
| Aster PTBUSDT | +0.0195% | 4h | 0.001122 | +0.421% | $94K | $1.1M | 5x | as long as short |
| BingX PTB-USDTlong | +0.0388% | 4h | 0.001117 | long leg | — | $2.5M | — | |
| Extended kPTB-USD | +0.0400% | 1h | 0.001116 | −0.060% | $4K | $45K | 5x | as long as short |
| MEXC PTB_USDTshort | +0.0402% | 4h | 0.001120 | +0.224% | $371K | $1.2M | 20x | |
| Binance PTBUSDT | +0.0403% | 4h | 0.001117 | −0.018% | $8.1M | $186.8M | 20x | as long as short |
| KuCoin PTBUSDTM | +0.0490% | 4h | 0.001126 | +0.842% | $1.7M | $8.6M | 20x | as long as short |
| Gate PTB_USDT | +0.0684% | 4h | 0.001116 | −0.116% | $1.9M | $7.4M | 25x | as long as short |
Bybit PTBUSDT
Variational Omni PTB
Aster PTBUSDT
Extended kPTB-USD
Binance PTBUSDT
KuCoin PTBUSDTM
Gate PTB_USDT