Funding you earn now, next payment 12:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.010%
Price spread now: BingX against MEXC+0.206%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2162.156% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.206%, 7d avg +0.168%
=The price spread pays, funding is against you. BingX is 0.038% dearer against MEXC than usual: you sell high and buy low (spread +0.206% now, against its 7-day average of +0.168%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPORTFUN_USDT | 0.01944 | 0.0772 | pay 0.0386% / 4h | 3h 01m | $331K | $121K | 20x |
| Short | BingX SPORTFUN-USDT | 0.01948 | 0.0730 | get 0.0365% / 4h | 3h 01m | — | $1.6M | — |
MEXC SPORTFUN_USDT
BingX SPORTFUN-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
- −$8.82
- Price spread: +0.206% → +0.168%
- $3.77
- Slippage, 4 orders
- −$201.57
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$220.62
- Costs to cover
- 2.156%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 13 min ago; BingX: live order book, 5 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, 13 min ago | 2.57 bp | 35.8 bp −$36 | 183.8 bp −$1,838 | 902.3 bp −$90.2K | doesn't fit |
| Sell BingX live order book, 5 min ago | 7.70 bp | 62.0 bp −$62 | 239.2 bp −$2,392 | 1235.0 bp −$123.5K | doesn't fit |
SPORTFUN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SPORTFUNUSDT | +0.0100% | 4h | 0.01951 | +0.360% | $402K | $52K | 20x | as long as short |
| KuCoin SPORTFUNUSDTM | +0.0100% | 4h | 0.01954 | +0.514% | $221K | $4K | 20x | as long as short |
| BingX SPORTFUN-USDTshort | +0.0730% | 4h | 0.01948 | +0.206% | — | $1.6M | — | |
| MEXC SPORTFUN_USDTlong | +0.0772% | 4h | 0.01944 | long leg | $331K | $121K | 20x | |
| Binance SPORTFUNUSDT | +0.0772% | 4h | 0.01944 | 0.000% | $2.1M | $694K | 10x | as long as short |
Bybit SPORTFUNUSDT
KuCoin SPORTFUNUSDTM
Binance SPORTFUNUSDT