Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h −0.111%
Price spread now: MEXC against BingX+0.186%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1911.910% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.186%, 7d avg +0.076%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.111% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.076%. Mind the row above: over the last 7 days funding on this pair cost −0.112%, 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 Q-USDT | 0.02523 | 0.0884 | pay 0.0442% / 4h | 2h 06m | — | $1.3M | — |
| Short | MEXC Q_USDT | 0.02527 | 0.0916 | get 0.0458% / 4h | 2h 06m | $122K | $88K | 50x |
BingX Q-USDT
MEXC Q_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
- $6.72
- Price spread: +0.186% → +0.076%
- $11.08
- Slippage, 4 orders
- −$172.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$173.16
- Costs to cover
- 1.910%
- Break-even
- 187.4 days
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 33 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 | 40.17 bp | 62.5 bp −$63 | 221.9 bp −$2,219 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 33 min ago | 0.99 bp | 35.0 bp −$35 | 58.8 bp −$588 | 167.6 bp −$16.8K | 421.8 bp −$210.9K |
Q on 10 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 Q_USDT | +0.0100% | 4h | 0.02522 | −0.048% | $1.2M | $292K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02523 | +0.008% | $668K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02525 | +0.079% | $2.2M | $121K | 20x | as long as short |
| Variational Omni Q | +0.0463% | 4h | 0.02529 | +0.232% | $610 | $2K | — | as long as short |
| Bybit QUSDT | +0.0467% | 4h | 0.02526 | +0.131% | $1.5M | $351K | 13x | as long as short |
| Aster QUSDT | +0.0811% | 4h | 0.02524 | +0.045% | $58K | $52K | 5x | as long as short |
| BingX Q-USDTlong | +0.0884% | 4h | 0.02523 | long leg | — | $1.3M | — | |
| Binance QUSDT | +0.0911% | 4h | 0.02527 | +0.190% | $7.0M | $1.4M | 20x | as long as short |
| MEXC Q_USDTshort | +0.0916% | 4h | 0.02527 | +0.186% | $122K | $88K | 50x | |
| Extended Q-USD | +0.0920% | 1h | 0.02527 | +0.167% | $8K | $164K | 5x | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
Variational Omni Q
Bybit QUSDT
Aster QUSDT
Binance QUSDT
Extended Q-USD