Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.019%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1461.463% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.019%, 7d avg −0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SANTOS-USDT | 0.5200 | 0.0108 | pay 0.0054% / 4h | 1h 35m | — | $1.2M | — |
| Short | MEXC SANTOS_USDT | 0.5199 | 0.0100 | get 0.0050% / 4h | 1h 35m | $453K | $110K | 100x |
BingX SANTOS-USDT
MEXC SANTOS_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
- −$1.76
- Price spread: −0.019% → −0.017%
- −$0.25
- Slippage, 4 orders
- −$132.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$148.35
- Costs to cover
- 1.463%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 61 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, 10 min ago | 9.60 bp | 42.2 bp −$42 | 478.8 bp −$4,788 | 737.5 bp −$73.8K | doesn't fit |
| Sell MEXC live order book, 61 min ago | 2.88 bp | 42.7 bp −$43 | 126.1 bp −$1,261 | 164.6 bp −$16.5K | 410.3 bp −$205.2K |
SANTOS on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SANTOSUSDT | +0.0100% | 4h | 0.5200 | −0.001% | $1.5M | $903K | 10x | as long as short |
| MEXC SANTOS_USDTshort | +0.0100% | 4h | 0.5199 | −0.019% | $453K | $110K | 100x | |
| Bitget SANTOSUSDT | +0.0100% | 4h | 0.5199 | −0.019% | $57K | $17K | 25x | as long as short |
| Variational Omni SANTOS | +0.0100% | 4h | 0.5199 | −0.017% | $173 | $15 | — | as long as short |
| BingX SANTOS-USDTlong | +0.0108% | 4h | 0.5200 | long leg | — | $1.2M | — |
Binance SANTOSUSDT
Bitget SANTOSUSDT
Variational Omni SANTOS