Funding you earn now, next payment 04:00 UTC−0.0146%/8h= −16.0% APRnext payment −$0.73 per $10,000 · paid last 24h −0.019%
Price spread now: BingX against MEXC+0.052%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2732.732% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.052%, 7d avg +0.029%
=The price spread pays, funding is against you. BingX is 0.023% dearer against MEXC than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.029%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.065% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STAR_USDT | 0.03834 | 0.1956 | pay 0.0978% / 4h | 26m 47s | $245K | $276K | 10x |
| Short | BingX STAR-USDT | 0.03836 | 0.1810 | get 0.0905% / 4h | 26m 47s | — | $1.7M | — |
MEXC STAR_USDT
BingX STAR-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
- −$30.66
- Price spread: +0.052% → +0.029%
- $2.28
- Slippage, 4 orders
- −$259.24
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$301.62
- Costs to cover
- 2.732%
- 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 | 6.55 bp | 77.9 bp −$78 | 116.4 bp −$1,164 | 362.2 bp −$36.2K | doesn't fit |
| Sell BingX live order book, 5 min ago | 7.82 bp | 57.1 bp −$57 | 370.0 bp −$3,700 | doesn't fit | doesn't fit |
STAR on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STARUSDTM | −0.1918% | 4h | 0.03870 | +0.939% | $214K | $951K | 3x | as long as short |
| Gate STAR_USDT | +0.0200% | 4h | 0.03839 | +0.130% | $302K | $248K | 5x | as long as short |
| BingX STAR-USDTshort | +0.1810% | 4h | 0.03836 | +0.052% | — | $1.7M | — | |
| MEXC STAR_USDTlong | +0.1956% | 4h | 0.03834 | long leg | $245K | $276K | 10x | |
| Binance STARUSDT | +0.1958% | 4h | 0.03836 | +0.052% | $5.4M | $8.0M | 10x | as long as short |
| Aster STARUSDT | +0.2213% | 4h | 0.03820 | −0.365% | $38K | $54K | 5x | as long as short |
KuCoin STARUSDTM
Gate STAR_USDT
Binance STARUSDT
Aster STARUSDT