Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.007%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.007%, 7d avg +0.069%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.076% cheaper against MEXC than usual: you would sell low and buy high, −$8 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 | MEXC USUAL_USDT | 0.01394 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $6.1M | $260K | 100x |
| Short | BingX USUAL-USDT | 0.01394 | 0.0100 | get 0.0050% / 4h | 1h 59m | — | $1.2M | — |
MEXC USUAL_USDT
BingX USUAL-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: −0.007% → +0.069%
- −$7.63
- Slippage, 4 orders
- −$56.08
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$77.71
- Costs to cover
- 0.701%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 16 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, 3 min ago | 4.29 bp | 11.5 bp −$12 | 146.9 bp −$1,469 | 868.3 bp −$86.8K | doesn't fit |
| Sell BingX live order book, 16 min ago | 5.76 bp | 26.9 bp −$27 | 125.4 bp −$1,254 | 524.3 bp −$52.4K | 787.0 bp −$393.5K |
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 | −0.5000% | 1h | 0.01384 | −0.746% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | +0.0085% | 1h | 0.01396 | +0.087% | $110K | $19K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01395 | +0.043% | $398K | $188K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01397 | +0.173% | $2.2M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01397 | +0.179% | $1.0M | $790K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01396 | +0.115% | $944K | $107K | 50x | as long as short |
| MEXC USUAL_USDTlong | +0.0100% | 4h | 0.01394 | long leg | $6.1M | $260K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01396 | +0.115% | $257K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01397 | +0.186% | $809K | $405K | 50x | as long as short |
| BingX USUAL-USDTshort | +0.0100% | 4h | 0.01394 | −0.007% | — | $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 | 0.01400 | +0.379% | $11K | $1K | — | as long as short |
Variational Omni USUAL