Funding you earn now, next payment 04:00 UTC+0.0314%/8h= +34.4% APRnext payment +$1.57 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against MEXC+0.167%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$910.908% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.167%, 7d avg +0.058%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.109% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.058%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STO_USDT | 0.04192 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $788K | $98K | 50x |
| Short | BingX STO-USDT | 0.04199 | 0.0414 | get 0.0207% / 4h | 1h 13m | — | $6.5M | — |
MEXC STO_USDT
BingX STO-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
- $65.94
- Price spread: +0.167% → +0.058%
- $10.86
- Slippage, 4 orders
- −$80.81
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$14.01
- Costs to cover
- 0.908%
- Break-even
- 8.5 days
Slippage from MEXC: live order book, 42 min ago; BingX: live order book, 2 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, 42 min ago | 3.59 bp | 15.3 bp −$15 | 80.0 bp −$800 | 267.1 bp −$26.7K | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.94 bp | 33.7 bp −$34 | 95.7 bp −$957 | 821.7 bp −$82.2K | 1415.1 bp −$707.5K |
STO on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STOUSDT | +0.0100% | 4h | 0.04193 | +0.035% | $26K | $1K | 5x | as long as short |
| Binance STOUSDT | +0.0100% | 4h | 0.04195 | +0.072% | $3.4M | $1.4M | 20x | as long as short |
| Gate STO_USDT | +0.0100% | 4h | 0.04200 | +0.191% | $253K | $117K | 25x | as long as short |
| MEXC STO_USDTlong | +0.0100% | 4h | 0.04192 | long leg | $788K | $98K | 50x | |
| Bitget STOUSDT | +0.0100% | 4h | 0.04200 | +0.191% | $323K | $28K | 10x | as long as short |
| Bybit STOUSDT | +0.0388% | 4h | 0.04200 | +0.191% | $721K | $270K | 13x | as long as short |
| BingX STO-USDTshort | +0.0414% | 4h | 0.04199 | +0.167% | — | $6.5M | — | |
| Variational Omni STO | +0.0472% | 4h | 0.04223 | +0.732% | $4K | $213 | — | as long as short |
| KuCoin STOUSDTM | +0.0982% | 4h | 0.04211 | +0.453% | $1.0M | $17K | 25x | as long as short |
Aster STOUSDT
Binance STOUSDT
Gate STO_USDT
Bitget STOUSDT
Bybit STOUSDT
Variational Omni STO
KuCoin STOUSDTM