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: BingX against MEXC−0.383%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1201.195% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.366%+$37 · spread now −0.383%, 7d avg +0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.427% cheaper against MEXC than usual: you would sell low and buy high, −$43 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 | MEXC TOWNS_USDT | 0.002091 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $441K | $125K | 100x |
| Short | BingX TOWNS-USDT | 0.002083 | 0.0100 | get 0.0050% / 4h | 2h 55m | — | $2.3M | — |
MEXC TOWNS_USDT
BingX TOWNS-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
- $0
- Price spread: −0.383% → +0.044%
- −$42.68
- Slippage, 4 orders
- −$105.54
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$162.21
- Costs to cover
- 1.195%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 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, 40 min ago | 4.79 bp | 22.7 bp −$23 | 102.6 bp −$1,026 | 230.4 bp −$23.0K | doesn't fit |
| Sell BingX live order book, 7 min ago | 9.64 bp | 34.9 bp −$35 | 232.3 bp −$2,323 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | −0.0936% | 1h | 0.002074 | −0.813% | $77K | $3K | 25x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002083 | −0.372% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002090 | −0.048% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002085 | −0.287% | $384K | $116K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002086 | −0.239% | $70K | $15K | 10x | as long as short |
| MEXC TOWNS_USDTlong | +0.0100% | 4h | 0.002091 | long leg | $441K | $125K | 100x | |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002084 | −0.335% | $249K | $31K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002083 | −0.383% | $341K | $40K | 5x | as long as short |
| BingX TOWNS-USDTshort | +0.0100% | 4h | 0.002083 | −0.383% | — | $2.3M | — | |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002089 | −0.089% | $195 | $549 | — | as long as short |
Coinbase International TOWNS-PERP-INTX
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
KuCoin TOWNSUSDTM
Bitget TOWNSUSDT
Variational Omni TOWNSShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TOWNS-USDT | +0.0120% | 4h | 0.002077 | −0.670% | $95K | $4K | 10x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.5021% | 1h | 0.002098 | +0.335% | — | — | 25x | as long as short |
BloFin TOWNS-USDT
Deribit TOWNS_USDC-PERPETUAL