Funding you earn now, next payment 12:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BingX−0.163%7-day average −0.186% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1171.175% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.163%, 7d avg −0.186%
=The price spread pays, funding is against you. MEXC is 0.023% dearer against BingX than usual: you sell high and buy low (spread −0.163% now, against its 7-day average of −0.186%): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.6 days. At the pace of the last 7 days (−0.006% in total) that is about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SIREN-USDT | 0.02452 | 0.1772 | pay 0.0886% / 4h | 3h 57m | — | $2.3M | — |
| Short | MEXC SIREN_USDT | 0.02448 | 0.1762 | get 0.0881% / 4h | 3h 57m | $702K | $126K | 100x |
BingX SIREN-USDT
MEXC SIREN_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
- −$2.1
- Price spread: −0.163% → −0.186%
- $2.27
- Slippage, 4 orders
- −$107.49
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$117.32
- Costs to cover
- 1.175%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 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, 6 min ago | 8.15 bp | 40.1 bp −$40 | 149.1 bp −$1,491 | 773.3 bp −$77.3K | 1138.0 bp −$569.0K |
| Sell MEXC live order book, 33 min ago | 2.05 bp | 19.1 bp −$19 | 86.8 bp −$868 | 721.7 bp −$72.2K | doesn't fit |
SIREN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02450 | −0.082% | $2K | $1.2M | 20x | as long as short |
| Bitget SIRENUSDT | +0.0782% | 4h | 0.02465 | +0.530% | $2.8M | $1.6M | 10x | as long as short |
| Aster SIRENUSDT | +0.1609% | 4h | 0.02448 | −0.163% | $218K | $71K | 5x | as long as short |
| KuCoin SIRENUSDTM | +0.1688% | 4h | 0.02455 | +0.122% | $1.0M | $428K | 10x | as long as short |
| Gate SIREN_USDT | +0.1740% | 4h | 0.02444 | −0.326% | $581K | $191K | 10x | as long as short |
| MEXC SIREN_USDTshort | +0.1762% | 4h | 0.02448 | −0.163% | $702K | $126K | 100x | |
| Binance SIRENUSDT | +0.1762% | 4h | 0.02448 | −0.163% | $8.5M | $3.5M | 10x | as long as short |
| BingX SIREN-USDTlong | +0.1772% | 4h | 0.02452 | long leg | — | $2.3M | — | |
| Bybit SIRENUSDT | +0.1856% | 4h | 0.02481 | +1.183% | $1.9M | $2.9M | 5x | as long as short |
SunX SIREN-USDT
Bitget SIRENUSDT
Aster SIRENUSDT
KuCoin SIRENUSDTM
Gate SIREN_USDT
Binance SIRENUSDT
Bybit SIRENUSDT