Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against MEXC+0.121%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$930.935% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.121%, 7d avg +0.006%
=The price spread pays, funding is against you. BingX is 0.115% dearer against MEXC than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.006%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−0.027% in total) that is about 30 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TAC_USDT | 0.001654 | 0.0578 | pay 0.0289% / 4h | 2h 50m | $488K | $131K | 50x |
| Short | BingX TAC-USDT | 0.001656 | 0.0552 | get 0.0276% / 4h | 2h 50m | — | $1.3M | — |
MEXC TAC_USDT
BingX TAC-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
- −$5.46
- Price spread: +0.121% → +0.006%
- $11.48
- Slippage, 4 orders
- −$79.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$87.46
- Costs to cover
- 0.935%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; BingX: live order book, 9 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, 9 min ago | 3.01 bp | 24.5 bp −$24 | 132.5 bp −$1,325 | 270.2 bp −$27.0K | doesn't fit |
| Sell BingX live order book, 9 min ago | 9.03 bp | 26.9 bp −$27 | 112.9 bp −$1,129 | doesn't fit | doesn't fit |
TAC on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TACUSDT | +0.0100% | 4h | 0.001656 | +0.121% | $1.2M | $204K | 5x | as long as short |
| Variational Omni TAC | +0.0100% | 4h | 0.001655 | +0.075% | $17 | — | — | as long as short |
| KuCoin TACUSDTM | +0.0290% | 4h | 0.001656 | +0.121% | $1.4M | $201K | 10x | as long as short |
| BingX TAC-USDTshort | +0.0552% | 4h | 0.001656 | +0.121% | — | $1.3M | — | |
| Aster TACUSDT | +0.0555% | 4h | 0.001657 | +0.190% | $25K | $7K | 5x | as long as short |
| MEXC TAC_USDTlong | +0.0578% | 4h | 0.001654 | long leg | $488K | $131K | 50x | |
| Binance TACUSDT | +0.0588% | 4h | 0.001655 | +0.085% | $2.8M | $2.3M | 10x | as long as short |
| Extended TAC-USD | +0.0592% | 1h | 0.001654 | −0.023% | $2K | $150K | 5x | as long as short |
| BloFin TAC-USDT | +0.0628% | 4h | 0.001651 | −0.181% | $185K | $9K | 10x | as long as short |
| Gate TAC_USDT | +0.1050% | 4h | 0.001658 | +0.242% | $260K | $184K | 10x | as long as short |
Bybit TACUSDT
Variational Omni TAC
KuCoin TACUSDTM
Aster TACUSDT
Binance TACUSDT
Extended TAC-USD
BloFin TAC-USDT
Gate TAC_USDT