Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h −0.008%
Price spread now: MEXC against BingX−0.221%7-day average −0.043% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)−0.255%−$25 · spread now −0.221%, 7d avg −0.043%
=Funding pays, the price is against you. MEXC is 0.178% cheaper against BingX than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of −0.043%). If the spread goes back, that is −$18 on $10k: about 4.9 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.111% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STANDARD-USDT | 0.2263 | 0.0280 | pay 0.0140% / 4h | 1h 59m | — | $1.0M | — |
| Short | MEXC STANDARD_USDT | 0.2258 | 0.0400 | get 0.0200% / 4h | 1h 59m | $72K | $132K | 20x |
BingX STANDARD-USDT
MEXC STANDARD_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
- $25.2
- Price spread: −0.221% → −0.043%
- −$17.81
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$6.61
- Costs to cover
- 0.140%
- Break-even
- 8.8 days
Slippage unknown: BingX: live order book, 15 min ago; MEXC: live order book, 20 min ago. Net counts fees only.
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, 15 min ago | 11.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 20 min ago | 19.95 bp | 532.7 bp −$533 | 1292.9 bp −$12.9K | doesn't fit | doesn't fit |
STANDARD on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate STANDARD_USDT | +0.0100% | 4h | 0.2257 | −0.265% | $13K | $21K | 10x | as long as short |
| BingX STANDARD-USDTlong | +0.0280% | 4h | 0.2263 | long leg | — | $1.0M | — | |
| MEXC STANDARD_USDTshort | +0.0400% | 4h | 0.2258 | −0.221% | $72K | $132K | 20x |
Gate STANDARD_USDT