Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against MEXC+0.164%7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1161.164% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.164%, 7d avg +0.188%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.023% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.188%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SIREN_USDT | 0.02435 | 0.1358 | pay 0.0679% / 4h | 2h 15m | $697K | $130K | 100x |
| Short | BingX SIREN-USDT | 0.02439 | 0.1342 | get 0.0671% / 4h | 2h 15m | — | $2.3M | — |
MEXC SIREN_USDT
BingX SIREN-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
- −$3.36
- Price spread: +0.164% → +0.188%
- −$2.35
- Slippage, 4 orders
- −$106.37
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$122.08
- Costs to cover
- 1.164%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 25 min ago; BingX: live order book, 3 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, 25 min ago | 2.06 bp | 19.9 bp −$20 | 115.7 bp −$1,157 | 630.9 bp −$63.1K | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.15 bp | 32.4 bp −$32 | 117.9 bp −$1,179 | 831.7 bp −$83.2K | 1216.1 bp −$608.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SIRENUSDT | −0.2701% | 4h | 0.02460 | +1.027% | $1.9M | $2.8M | 5x | as long as short |
| SunX SIREN-USDT | +0.0100% | 4h | 0.02438 | +0.123% | $1K | $1.1M | 20x | as long as short |
| Bitget SIRENUSDT | +0.0934% | 4h | 0.02448 | +0.534% | $2.8M | $1.5M | 10x | as long as short |
| Aster SIRENUSDT | +0.1171% | 4h | 0.02432 | −0.124% | $214K | $81K | 5x | as long as short |
| KuCoin SIRENUSDTM | +0.1320% | 4h | 0.02437 | +0.082% | $996K | $435K | 10x | as long as short |
| BingX SIREN-USDTshort | +0.1342% | 4h | 0.02439 | +0.164% | — | $2.3M | — | |
| MEXC SIREN_USDTlong | +0.1358% | 4h | 0.02435 | long leg | $697K | $130K | 100x | |
| Binance SIRENUSDT | +0.1378% | 4h | 0.02435 | 0.000% | $8.4M | $3.5M | 10x | as long as short |
| Gate SIREN_USDT | +0.2188% | 4h | 0.02430 | −0.205% | $570K | $202K | 10x | as long as short |
Bybit SIRENUSDT
SunX SIREN-USDT
Bitget SIRENUSDT
Aster SIRENUSDT
KuCoin SIRENUSDTM
Binance SIRENUSDT
Gate SIREN_USDT