Funding you earn now, next payment 12:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against BingX−0.009%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days+0.159%+$16 on $10k
+Price spread, last 7 days−0.056%−$6 · spread now −0.009%, 7d avg −0.055%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.046% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PUNDIX-USDT | 0.1151 | 0.0070 | pay 0.0035% / 4h | 10m 59s | — | $1.2M | — |
| Short | MEXC PUNDIX_USDT | 0.1151 | 0.0100 | get 0.0050% / 4h | 10m 59s | $2.3M | $113K | 50x |
BingX PUNDIX-USDT
MEXC PUNDIX_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
- $6.3
- Price spread: −0.009% → −0.055%
- $4.6
- Slippage, 4 orders
- −$91.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$94.24
- Costs to cover
- 1.051%
- Break-even
- 111.7 days
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 4 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, 7 min ago | 3.47 bp | 33.6 bp −$34 | 127.9 bp −$1,279 | 739.9 bp −$74.0K | 1151.8 bp −$575.9K |
| Sell MEXC live order book, 4 min ago | 0.44 bp | 13.3 bp −$13 | 67.9 bp −$679 | 179.8 bp −$18.0K | doesn't fit |
PUNDIX on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDTlong | +0.0070% | 4h | 0.1151 | long leg | — | $1.2M | — | |
| Binance PUNDIXUSDT | +0.0100% | 4h | 0.1151 | −0.043% | $1.3M | $1.6M | 50x | as long as short |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1152 | +0.104% | $711K | $434K | 20x | as long as short |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1151 | −0.017% | $36K | $11K | 20x | as long as short |
| MEXC PUNDIX_USDTshort | +0.0100% | 4h | 0.1151 | −0.009% | $2.3M | $113K | 50x | |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1151 | −0.043% | $216K | $189K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1153 | +0.137% | $84 | $40K | — | as long as short |
Binance PUNDIXUSDT
Bybit PUNDIXUSDT
Gate PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX