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−0.029%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$700.704% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.029%, 7d avg −0.023%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WAL-USDT | 0.03436 | 0.0100 | pay 0.0050% / 4h | 3h 41m | — | $6.6M | — |
| Short | MEXC WAL_USDT | 0.03435 | 0.0100 | get 0.0050% / 4h | 3h 41m | $564K | $269K | 20x |
BingX WAL-USDT
MEXC WAL_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: −0.029% → −0.023%
- −$0.64
- Slippage, 4 orders
- −$56.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$71.08
- Costs to cover
- 0.704%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 24 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, 6 min ago | 5.84 bp | 27.4 bp −$27 | 86.8 bp −$868 | 615.9 bp −$61.6K | doesn't fit |
| Sell MEXC live order book, 24 min ago | 1.45 bp | 8.1 bp −$8 | 47.0 bp −$470 | 282.2 bp −$28.2K | doesn't fit |
WAL on 10 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 WALUSDT | +0.0100% | 4h | 0.03436 | 0.000% | $2.3M | $6.3M | 75x | as long as short |
| Bybit WALUSDT | +0.0100% | 4h | 0.03438 | +0.058% | $1.3M | $1.5M | 25x | as long as short |
| OKX WAL-USDT-SWAP | +0.0100% | 4h | 0.03433 | −0.087% | $220K | $858K | 10x | as long as short |
| Gate WAL_USDT | +0.0100% | 4h | 0.03439 | +0.087% | $290K | $423K | 50x | as long as short |
| MEXC WAL_USDTshort | +0.0100% | 4h | 0.03435 | −0.029% | $564K | $269K | 20x | |
| KuCoin WALUSDTM | +0.0100% | 4h | 0.03439 | +0.087% | $342K | $71K | 30x | as long as short |
| Bitget WALUSDT | +0.0100% | 4h | 0.03438 | +0.058% | $587K | $870K | 20x | as long as short |
| BingX WAL-USDTlong | +0.0100% | 4h | 0.03436 | long leg | — | $6.6M | — | |
| Variational Omni WAL | +0.0100% | 4h | 0.03437 | +0.028% | $21K | $7K | — | as long as short |
| Bluefin WAL-PERP | +0.0164% | 1h | 0.03436 | 0.000% | $32K | $760K | 20x | as long as short |
Binance WALUSDT
Bybit WALUSDT
OKX WAL-USDT-SWAP
Gate WAL_USDT
KuCoin WALUSDTM
Bitget WALUSDT
Variational Omni WAL
Bluefin WAL-PERP