Funding you earn now, next payment 04:00 UTC−0.0310%/8h= −33.9% APRnext payment −$1.55 per $10,000 · paid last 24h −0.159%
Price spread now: MEXC against BingX−0.085%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days−1.044%−$104 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.085%, 7d avg +0.008%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and MEXC is 0.092% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VTHO-USDT | 0.0007073 | −0.3584 | get 0.1792% / 4h | 3h 13m | — | $1.4M | — |
| Short | MEXC VTHO_USDT | 0.0007067 | −0.3894 | pay 0.1947% / 4h | 3h 13m | $1.7M | $202K | 20x |
BingX VTHO-USDT
MEXC VTHO_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
- −$65.1
- Price spread: −0.085% → +0.008%
- −$9.23
- Slippage, 4 orders
- −$50.87
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$139.2
- Costs to cover
- 0.649%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 3 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 | 4.95 bp | 20.5 bp −$20 | 75.2 bp −$752 | 534.3 bp −$53.4K | 775.5 bp −$387.7K |
| Sell MEXC live order book, 3 min ago | 2.12 bp | 16.0 bp −$16 | 50.5 bp −$505 | 127.7 bp −$12.8K | doesn't fit |
VTHO 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VTHO_USDT | −0.7092% | 4h | 0.0007081 | +0.113% | $393K | $417K | 25x | as long as short |
| Binance VTHOUSDT | −0.3956% | 4h | 0.0007065 | −0.113% | $5.3M | $13.7M | 50x | as long as short |
| MEXC VTHO_USDTshort | −0.3894% | 4h | 0.0007067 | −0.085% | $1.7M | $202K | 20x | |
| BingX VTHO-USDTlong | −0.3584% | 4h | 0.0007073 | long leg | — | $1.4M | — | |
| Bitget VTHOUSDT | −0.3530% | 4h | 0.0007060 | −0.184% | $1.2M | $1.4M | 50x | as long as short |
Gate VTHO_USDT
Binance VTHOUSDT
Bitget VTHOUSDT