Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.011%
Price spread now: MEXC against BingX0.000%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now 0.000%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TST-USDT | 0.01715 | 0.0418 | pay 0.0209% / 4h | 2h 38m | — | $1.3M | — |
| Short | MEXC TST_USDT | 0.01715 | 0.0390 | get 0.0195% / 4h | 2h 38m | $511K | $170K | 50x |
BingX TST-USDT
MEXC TST_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
- −$5.88
- Price spread: 0.000% → −0.007%
- $0.69
- Slippage, 4 orders
- −$115.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$134.58
- Costs to cover
- 1.294%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 63 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, 3 min ago | 11.55 bp | 39.0 bp −$39 | 150.4 bp −$1,504 | 904.2 bp −$90.4K | 1260.2 bp −$630.1K |
| Sell MEXC live order book, 63 min ago | 6.05 bp | 15.2 bp −$15 | 133.8 bp −$1,338 | 383.5 bp −$38.4K | 667.9 bp −$333.9K |
TST on 5 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 TSTUSDT | +0.0148% | 4h | 0.01714 | −0.055% | $14K | $13K | 5x | as long as short |
| Binance TSTUSDT | +0.0384% | 4h | 0.01714 | −0.052% | $3.2M | $7.1M | 20x | as long as short |
| Extended TST-USD | +0.0384% | 1h | 0.01715 | −0.018% | $7K | $201K | 5x | as long as short |
| MEXC TST_USDTshort | +0.0390% | 4h | 0.01715 | 0.000% | $511K | $170K | 50x | |
| BingX TST-USDTlong | +0.0418% | 4h | 0.01715 | long leg | — | $1.3M | — |
Aster TSTUSDT
Binance TSTUSDT
Extended TST-USD