Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX+0.051%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$590.588% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now +0.051%, 7d avg +0.044%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX W-USDT | 0.01171 | 0.0100 | pay 0.0050% / 4h | 2h 47m | — | $6.9M | — |
| Short | MEXC W_USDT | 0.01171 | 0.0100 | get 0.0050% / 4h | 2h 47m | $12.8M | $1.7M | 50x |
BingX W-USDT
MEXC W_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: +0.051% → +0.044%
- $0.73
- Slippage, 4 orders
- −$44.78
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$58.05
- Costs to cover
- 0.588%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 6 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 | 3.85 bp | 25.4 bp −$25 | 56.8 bp −$568 | 639.5 bp −$64.0K | 1144.8 bp −$572.4K |
| Sell MEXC live order book, 6 min ago | 0.85 bp | 7.0 bp −$7 | 55.4 bp −$554 | 93.2 bp −$9,325 | 144.7 bp −$72.3K |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0773% | 1h | 0.01172 | +0.120% | $17K | $790 | 10x | as long as short |
| OKX W-USDT-SWAP | −0.0004% | 4h | 0.01171 | +0.051% | $1.3M | $2.2M | 20x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.254% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01172 | +0.094% | $2.0M | $466K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01172 | +0.085% | $2.9M | $7.7M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01170 | −0.060% | $4.1M | $2.1M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01170 | −0.068% | $443K | $300K | 75x | as long as short |
| MEXC W_USDTshort | +0.0100% | 4h | 0.01171 | +0.051% | $12.8M | $1.7M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01170 | −0.077% | $420K | $221K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01174 | +0.265% | $1.3M | $555K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
OKX W-USDT-SWAP
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDTlong | +0.0100% | 4h | 0.01171 | long leg | — | $6.9M | — | |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01174 | +0.222% | $44K | $47K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01170 | −0.059% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01172 | +0.082% | $123K | $409K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01172 | +0.076% | $59K | $276K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0296% | 1h | 0.01179 | +0.658% | $14K | $18K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0620% | 1h | 0.01174 | +0.283% | $145K | $186K | 20x | as long as short |
Backpack W_USDC_PERP
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD