Funding you earn now, next payment 12:00 UTC−0.1070%/8h= −117.2% APRnext payment −$5.35 per $10,000 · paid last 24h −0.019%
Price spread now: MEXC against BingX−0.148%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1651.649% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.357%+$36 · spread now −0.148%, 7d avg −0.063%
=Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and MEXC is 0.085% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.050% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SLP-USDT | 0.0006744 | 0.1170 | pay 0.0585% / 4h | 3h 39m | — | $1.3M | — |
| Short | MEXC SLP_USDT | 0.0006734 | 0.0100 | get 0.0050% / 4h | 3h 39m | $365K | $91K | 125x |
BingX SLP-USDT
MEXC SLP_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
- −$224.7
- Price spread: −0.148% → −0.063%
- −$8.54
- Slippage, 4 orders
- −$150.87
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$398.12
- Costs to cover
- 1.649%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 41 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, 7 min ago | 10.37 bp | 50.3 bp −$50 | 147.5 bp −$1,475 | 608.3 bp −$60.8K | 1004.9 bp −$502.4K |
| Sell MEXC live order book, 41 min ago | 2.98 bp | 19.7 bp −$20 | 66.1 bp −$661 | 123.8 bp −$12.4K | 362.8 bp −$181.4K |
SLP 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SLPUSDT | +0.0100% | 4h | 0.0006725 | −0.282% | $21K | $8K | 5x | as long as short |
| Binance SLPUSDT | +0.0100% | 4h | 0.0006733 | −0.163% | $990K | $803K | 50x | as long as short |
| Gate SLP_USDT | +0.0100% | 4h | 0.0006740 | −0.059% | $52K | $27K | 50x | as long as short |
| MEXC SLP_USDTshort | +0.0100% | 4h | 0.0006734 | −0.148% | $365K | $91K | 125x | |
| Bitget SLPUSDT | +0.0100% | 4h | 0.0006746 | +0.030% | $364K | $72K | 25x | as long as short |
| Variational Omni SLP | +0.0188% | 8h | 0.0006753 | +0.132% | $3K | $1 | — | as long as short |
| BingX SLP-USDTlong | +0.1170% | 4h | 0.0006744 | long leg | — | $1.3M | — | |
| Bybit SLPUSDT | +0.1386% | 8h | 0.0006753 | +0.133% | $343K | $132K | 25x | as long as short |
Aster SLPUSDT
Binance SLPUSDT
Gate SLP_USDT
Bitget SLPUSDT
Variational Omni SLP
Bybit SLPUSDT