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: MEXC against BingX+0.100%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.100%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.111% dearer against BingX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VELODROME-USDT | 0.02997 | 0.0100 | pay 0.0050% / 4h | 3h 50m | — | $1.3M | — |
| Short | MEXC VELODROME_USDT | 0.03000 | 0.0100 | get 0.0050% / 4h | 3h 50m | $242K | $90K | 50x |
BingX VELODROME-USDT
MEXC VELODROME_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: +0.100% → −0.011%
- $11.08
- Slippage, 4 orders
- −$69.31
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$72.23
- Costs to cover
- 0.833%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 49 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, 5 min ago | 11.64 bp | 28.3 bp −$28 | 147.9 bp −$1,479 | 608.0 bp −$60.8K | 787.5 bp −$393.7K |
| Sell MEXC live order book, 49 min ago | 3.35 bp | 15.2 bp −$15 | 79.2 bp −$792 | 276.6 bp −$27.7K | 577.5 bp −$288.8K |
VELODROME on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VELODROMEUSDT | +0.0100% | 4h | 0.03002 | +0.151% | $7.7M | $1.4M | 50x | as long as short |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.02995 | −0.053% | $807K | $330K | 20x | as long as short |
| MEXC VELODROME_USDTshort | +0.0100% | 4h | 0.03000 | +0.100% | $242K | $90K | 50x | |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.03003 | +0.190% | $531K | $23K | 20x | as long as short |
| BingX VELODROME-USDTlong | +0.0100% | 4h | 0.02997 | long leg | — | $1.3M | — | |
| Variational Omni VELODROME | +0.0100% | 4h | 0.03000 | +0.114% | $79K | $3K | — | as long as short |
| Gate VELODROME_USDT | +0.0260% | 4h | 0.03006 | +0.300% | $125K | $6K | 20x | as long as short |
Binance VELODROMEUSDT
Bybit VELODROMEUSDT
Bitget VELODROMEUSDT
Variational Omni VELODROME
Gate VELODROME_USDT