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: BingX against MEXC+0.223%7-day average +0.043% · you sell dearer than you buy
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)+0.253%+$25 · spread now +0.223%, 7d avg +0.043%
=The price spread pays, funding is against you. BingX is 0.180% dearer against MEXC than usual: you sell high and buy low (spread +0.223% now, against its 7-day average of +0.043%): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.0 days. 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 | MEXC STANDARD_USDT | 0.2246 | 0.0400 | pay 0.0200% / 4h | 2h 38m | $72K | $129K | 20x |
| Short | BingX STANDARD-USDT | 0.2251 | 0.0280 | get 0.0140% / 4h | 2h 38m | — | $1.0M | — |
MEXC STANDARD_USDT
BingX STANDARD-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
- −$25.2
- Price spread: +0.223% → +0.043%
- $17.98
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$21.22
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 46 min ago; BingX: live order book, 1 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 MEXC live order book, 46 min ago | 28.81 bp | 447.1 bp −$447 | 1212.3 bp −$12.1K | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 39.70 bp | doesn't fit | doesn't fit | 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 | 0.2237 | −0.401% | $13K | $21K | 10x | as long as short |
| BingX STANDARD-USDTshort | +0.0280% | 4h | 0.2251 | +0.223% | — | $1.0M | — | |
| MEXC STANDARD_USDTlong | +0.0400% | 4h | 0.2246 | long leg | $72K | $129K | 20x |
Gate STANDARD_USDT