Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.036%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$600.604% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now −0.036%, 7d avg −0.069%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.032% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USUAL-USDT | 0.01374 | 0.0100 | pay 0.0050% / 4h | 3h 16m | — | $1.2M | — |
| Short | MEXC USUAL_USDT | 0.01373 | 0.0100 | get 0.0050% / 4h | 3h 16m | $6.0M | $246K | 100x |
BingX USUAL-USDT
MEXC USUAL_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: −0.036% → −0.069%
- $3.23
- Slippage, 4 orders
- −$46.36
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$57.13
- Costs to cover
- 0.604%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; MEXC: live order book, 1 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, 9 min ago | 3.99 bp | 18.0 bp −$18 | 101.9 bp −$1,019 | 532.3 bp −$53.2K | 799.7 bp −$399.9K |
| Sell MEXC live order book, 1 min ago | 5.46 bp | 11.1 bp −$11 | 137.3 bp −$1,373 | 815.6 bp −$81.6K | doesn't fit |
USUAL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4996% | 1h | 0.01358 | −1.136% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0643% | 1h | 0.01372 | −0.086% | $112K | $18K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01375 | +0.102% | $395K | $185K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01374 | +0.045% | $2.2M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01374 | +0.036% | $1.0M | $795K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01375 | +0.102% | $930K | $212K | 50x | as long as short |
| MEXC USUAL_USDTshort | +0.0100% | 4h | 0.01373 | −0.036% | $6.0M | $246K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01375 | +0.102% | $271K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01376 | +0.175% | $826K | $419K | 50x | as long as short |
| BingX USUAL-USDTlong | +0.0100% | 4h | 0.01374 | long leg | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01378 | +0.347% | $9K | $208 | — | as long as short |
Variational Omni USUAL