Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against MEXC0.000%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1491.492% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now 0.000%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SFP_USDT | 0.3064 | 0.0100 | pay 0.0100% / 8h | 3h 57m | $879K | $152K | 200x |
| Short | BingX SFP-USDT | 0.3064 | 0.0070 | get 0.0070% / 8h | 3h 57m | — | $1.4M | — |
MEXC SFP_USDT
BingX SFP-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
- −$6.3
- Price spread: 0.000% → +0.008%
- −$0.76
- Slippage, 4 orders
- −$135.23
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$156.29
- Costs to cover
- 1.492%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 53 min ago; BingX: live order book, 9 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, 53 min ago | 3.28 bp | 26.3 bp −$26 | 135.7 bp −$1,357 | 284.5 bp −$28.4K | doesn't fit |
| Sell BingX live order book, 9 min ago | 6.54 bp | 50.3 bp −$50 | 128.2 bp −$1,282 | 463.6 bp −$46.4K | 520.6 bp −$260.3K |
SFP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX SFP-USDTshort | +0.0070% | 8h | 0.3064 | 0.000% | — | $1.4M | — | |
| BloFin SFP-USDT | +0.0084% | 8h | 0.3057 | −0.228% | $234K | $4K | 75x | as long as short |
| Binance SFPUSDT | +0.0100% | 8h | 0.3066 | +0.054% | $3.8M | $1.4M | 75x | as long as short |
| Gate SFP_USDT | +0.0100% | 8h | 0.3060 | −0.131% | $31K | $29K | 50x | as long as short |
| MEXC SFP_USDTlong | +0.0100% | 8h | 0.3064 | long leg | $879K | $152K | 200x | |
| KuCoin SFPUSDTM | +0.0100% | 8h | 0.3063 | −0.033% | $58K | $10K | 20x | as long as short |
| Bitget SFPUSDT | +0.0100% | 8h | 0.3064 | 0.000% | $84K | $50K | 75x | as long as short |
| Variational Omni SFP | +0.0100% | 8h | 0.3064 | −0.001% | $15K | $208 | — | as long as short |
BloFin SFP-USDT
Binance SFPUSDT
Gate SFP_USDT
KuCoin SFPUSDTM
Bitget SFPUSDT
Variational Omni SFP