STONK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1740%/8h= +190.5% APRnext payment +$8.70 per $10,000 · paid last 24h +0.063%

Price spread now: BingX against MEXC+0.215%7-day average +0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$259as in the Funding arb table

Net, price: spread back to 7d avg − costs−$160as in the Price arb table

costs, in and out, $10k−$1731.729% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.863%−$86 on $10k

Price spread, last 4 days (all we have)+0.247%+$25 · spread now +0.215%, 7d avg +0.086%

Together, before fees−0.617%−$62 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$52 a day on $10k at the current rate, and BingX is 0.129% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.086%. Mind the row above: over the last 7 days funding on this pair cost −0.863%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.863% in total (about -45.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.70 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 STONK_USDT	0.3261	0.0100	pay 0.0050% / 4h	1h 58m	$688K	$1.0M	20x
Short	BingX STONK-USDT	0.3268	0.1840	get 0.0920% / 4h	1h 58m	—	$918K	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BingXbpOrdersPrice spread, now +0.215%Rate

Funding earned: $365.4
Price spread: +0.215% → +0.086%: $12.89
Slippage, 4 orders: −$142.89
Fee MEXC: 10 bp × 2 orders: −$20
Fee BingX: 5 bp × 2 orders: −$10
Net: $205.4
Costs to cover: 1.729%
Break-even: 3.1 days

Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 16 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, 2 min ago	9.36 bp	39.7 bp −$40	76.0 bp −$760	524.9 bp −$52.5K	doesn't fit
Sell BingX live order book, 16 min ago	13.71 bp	45.7 bp −$46	185.3 bp −$1,853	1161.5 bp −$116.2K	1290.9 bp −$645.5K

STONK 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
Lighter STONK	+0.0032%	1h	0.3274	+0.408%	$337K	$523K	5x	as long as short
MEXC STONK_USDTlong	+0.0100%	4h	0.3261	long leg	$688K	$1.0M	20x
Bitget STONKUSDT	+0.0100%	4h	0.3262	+0.040%	$390K	$2.2M	10x	as long as short
Phoenix STONK	+0.1073%	1h	0.3267	+0.184%	$206K	$128K	3x	as long as short
BingX STONK-USDTshort	+0.1840%	4h	0.3268	+0.215%	—	$918K	—
Bybit STONKUSDT	+0.1918%	4h	0.3266	+0.153%	$1.5M	$6.4M	5x	as long as short
BloFin STONK-USDT	+0.2180%	4h	0.3263	+0.061%	$90K	$188K	5x	as long as short
Aster STONKUSDT	+0.2966%	1h	0.3279	+0.552%	$456K	$1.1M	10x	as long as short
Gate STONK_USDT	+0.4642%	4h	0.3277	+0.478%	$939K	$2.1M	10x	as long as short