Funding you earn now, next payment 00:00 UTC+0.0312%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h +0.159%
Price spread now: BingX against MEXC−0.076%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1951.948% of the position
Funding, last 7 days+0.317%+$32 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.076%, 7d avg +0.003%
=Funding pays, the price is against you. BingX is 0.079% cheaper against MEXC than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of +0.003%). If the spread goes back, that is −$8 on $10k: about 20 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.317% in total) that is about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STBL_USDT | 0.02649 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $367K | $149K | 100x |
| Short | BingX STBL-USDT | 0.02647 | 0.0412 | get 0.0206% / 4h | 2h 35m | — | $6.6M | — |
MEXC STBL_USDT
BingX STBL-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
- $65.52
- Price spread: −0.076% → +0.003%
- −$7.89
- Slippage, 4 orders
- −$180.83
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$137.2
- Costs to cover
- 1.948%
- Break-even
- 21.7 days
Slippage from MEXC: live order book, 47 min ago; BingX: live order book, 7 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, 47 min ago | 3.80 bp | 26.0 bp −$26 | 110.6 bp −$1,106 | 262.4 bp −$26.2K | doesn't fit |
| Sell BingX live order book, 7 min ago | 26.51 bp | 70.3 bp −$70 | 166.5 bp −$1,665 | 1210.3 bp −$121.0K | doesn't fit |
STBL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02631 | −0.680% | $79K | $2K | 3x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02649 | 0.000% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDTlong | +0.0100% | 4h | 0.02649 | long leg | $367K | $149K | 100x | |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02641 | −0.302% | $1.1M | $230K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02645 | −0.154% | $965 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02641 | −0.302% | $2K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0129% | 4h | 0.02642 | −0.264% | $128K | $22K | 50x | as long as short |
| BingX STBL-USDTshort | +0.0412% | 4h | 0.02647 | −0.076% | — | $6.6M | — | |
| Hyperliquid STBL | +0.0452% | 1h | 0.02644 | −0.177% | $1.9M | $284K | 3x | as long as short |
| Bybit STBLUSDT | +0.0640% | 4h | 0.02647 | −0.076% | $1.5M | $684K | 20x | as long as short |
Lighter STBL
Binance STBLUSDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDT
Hyperliquid STBL
Bybit STBLUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster STBLUSDT | +0.1087% | 4h | 0.02648 | −0.051% | $89K | $5K | 5x | as long as short |
| Gate STBL_USDT | +0.1124% | 4h | 0.02653 | +0.151% | $1.2M | $117K | 50x | as long as short |
Aster STBLUSDT
Gate STBL_USDT