Settings8H · net · $10k
Funding arb · Price arb /

PURR

all PURR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0362%/8h= −39.6% APRnext payment $1.81 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BingX+0.244%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.428%−$43 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. MEXC is 0.244% dearer against BingX than usual: you sell high and buy low (spread +0.244% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PURR-USDT0.12290.0100pay 0.0050% / 4h1h 34m$341K
ShortMEXC PURR_USDT0.1232−0.0262pay 0.0131% / 4h1h 34m$12K$83K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$76.02
Price spread: +0.244% → 0.000%
$24.41
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 10 bp × 2 orders
−$20
Net
−$81.61
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 39 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 39 min ago254.73 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.

PURR on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PURR_USDTshort−0.0262%4h0.1232+0.244%$12K$83K20x
Hyperliquid PURR+0.0100%1h0.1251+1.790%$13.9M$3.1M3xas long as short
BingX PURR-USDTlong+0.0100%4h0.1229long leg$341K