Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BingX−0.076%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$840.842% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.076%, 7d avg −0.046%
=Funding pays, the price is against you. MEXC is 0.030% cheaper against BingX than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of −0.046%). If the spread goes back, that is −$3 on $10k: about 3.4 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.025% in total) that is about 8.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RARE-USDT | 0.01320 | 0.0070 | pay 0.0035% / 4h | 2h 14m | — | $1.3M | — |
| Short | MEXC RARE_USDT | 0.01319 | 0.0100 | get 0.0050% / 4h | 2h 14m | $621K | $170K | 100x |
BingX RARE-USDT
MEXC RARE_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: −0.076% → −0.046%
- −$3.02
- Slippage, 4 orders
- −$70.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$80.9
- Costs to cover
- 0.842%
- Break-even
- 96.9 days
Slippage from BingX: live order book, 13 min ago; MEXC: live order book, 25 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, 13 min ago | 7.63 bp | 31.3 bp −$31 | 154.0 bp −$1,540 | 725.7 bp −$72.6K | 1172.7 bp −$586.3K |
| Sell MEXC live order book, 25 min ago | 3.80 bp | 8.8 bp −$9 | 92.4 bp −$924 | 209.6 bp −$21.0K | 283.0 bp −$141.5K |
RARE on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RARE-USDT | +0.0051% | 4h | 0.01318 | −0.152% | $105K | $11K | 25x | as long as short |
| BingX RARE-USDTlong | +0.0070% | 4h | 0.01320 | long leg | — | $1.3M | — | |
| Aster RAREUSDT | +0.0100% | 4h | 0.01318 | −0.136% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01319 | −0.076% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01320 | +0.023% | $308K | $86K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01317 | −0.227% | $49K | $28K | 20x | as long as short |
| MEXC RARE_USDTshort | +0.0100% | 4h | 0.01319 | −0.076% | $621K | $170K | 100x | |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01318 | −0.152% | $201K | $71K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01318 | −0.152% | $233K | $70K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01320 | −0.009% | $1K | $2K | — | as long as short |
BloFin RARE-USDT
Aster RAREUSDT
Binance RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
Variational Omni RAREShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +1.2402% | 1h | 0.01330 | +0.724% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD