Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC+0.038%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1481.484% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.038%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.022% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SANTOS_USDT | 0.5220 | 0.0100 | pay 0.0050% / 4h | 46m 01s | $442K | $107K | 100x |
| Short | BingX SANTOS-USDT | 0.5222 | 0.0126 | get 0.0063% / 4h | 46m 01s | — | $1.2M | — |
MEXC SANTOS_USDT
BingX SANTOS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $5.46
- Price spread: +0.038% → +0.016%
- $2.19
- Slippage, 4 orders
- −$134.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$140.79
- Costs to cover
- 1.484%
- Break-even
- 187.5 days
Slippage from MEXC: live order book, 65 min ago; BingX: live order book, 11 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 MEXC live order book, 65 min ago | 2.86 bp | 29.7 bp −$30 | 125.4 bp −$1,254 | 161.4 bp −$16.1K | 390.0 bp −$195.0K |
| Sell BingX live order book, 11 min ago | 10.49 bp | 53.2 bp −$53 | 367.8 bp −$3,678 | 717.0 bp −$71.7K | doesn't fit |
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 | 0.5221 | +0.021% | $1.5M | $881K | 10x | as long as short |
| MEXC SANTOS_USDTlong | +0.0100% | 4h | 0.5220 | long leg | $442K | $107K | 100x | |
| Bitget SANTOSUSDT | +0.0100% | 4h | 0.5226 | +0.115% | $57K | $17K | 25x | as long as short |
| Variational Omni SANTOS | +0.0100% | 4h | 0.5219 | −0.027% | $174 | $15 | — | as long as short |
| BingX SANTOS-USDTshort | +0.0126% | 4h | 0.5222 | +0.038% | — | $1.2M | — |
Binance SANTOSUSDT
Bitget SANTOSUSDT
Variational Omni SANTOS