Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against BingX+0.048%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1201.198% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.048%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.092% dearer against BingX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TOWNS-USDT | 0.002086 | 0.0100 | pay 0.0050% / 4h | 3h 10m | — | $2.3M | — |
| Short | MEXC TOWNS_USDT | 0.002087 | 0.0100 | get 0.0050% / 4h | 3h 10m | $434K | $128K | 100x |
BingX TOWNS-USDT
MEXC TOWNS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- $0
- Price spread: +0.048% → −0.044%
- $9.21
- Slippage, 4 orders
- −$105.79
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$110.58
- Costs to cover
- 1.198%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 25 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 BingX live order book, 7 min ago | 7.16 bp | 35.1 bp −$35 | 327.2 bp −$3,272 | 1328.6 bp −$132.9K | 1482.4 bp −$741.2K |
| Sell MEXC live order book, 25 min ago | 4.79 bp | 14.1 bp −$14 | 61.7 bp −$617 | 215.0 bp −$21.5K | doesn't fit |
TOWNS 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002087 | +0.035% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002088 | +0.079% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002085 | −0.048% | $384K | $116K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002089 | +0.144% | $71K | $15K | 10x | as long as short |
| MEXC TOWNS_USDTshort | +0.0100% | 4h | 0.002087 | +0.048% | $434K | $128K | 100x | |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002091 | +0.240% | $249K | $31K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002090 | +0.192% | $343K | $39K | 5x | as long as short |
| BingX TOWNS-USDTlong | +0.0100% | 4h | 0.002086 | long leg | — | $2.3M | — | |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002088 | +0.077% | $195 | $549 | — | as long as short |
| BloFin TOWNS-USDT | +0.0136% | 4h | 0.002093 | +0.336% | $132K | $4K | 10x | as long as short |
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
KuCoin TOWNSUSDTM
Bitget TOWNSUSDT
Variational Omni TOWNS
BloFin TOWNS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | +0.0328% | 1h | 0.002074 | −0.575% | $77K | $3K | 25x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.4069% | 1h | 0.002093 | +0.336% | — | — | 25x | as long as short |
Coinbase International TOWNS-PERP-INTX
Deribit TOWNS_USDC-PERPETUAL