Funding you earn now, next payment 12:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BingX+0.040%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1271.269% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now +0.040%, 7d avg +0.086%
=Funding pays, the price is against you. MEXC is 0.046% cheaper against BingX than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.086%). If the spread goes back, that is −$5 on $10k: about 8.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.017% in total) that is about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XAN-USDT | 0.01243 | 0.0354 | pay 0.0177% / 4h | 3h 19m | — | $1.3M | — |
| Short | MEXC XAN_USDT | 0.01244 | 0.0372 | get 0.0186% / 4h | 3h 19m | $9.0M | $120K | 50x |
BingX XAN-USDT
MEXC XAN_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
- $3.78
- Price spread: +0.040% → +0.086%
- −$4.57
- Slippage, 4 orders
- −$112.95
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$127.74
- Costs to cover
- 1.269%
- Break-even
- 243.6 days
Slippage from BingX: live order book, 11 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, 11 min ago | 4.46 bp | 36.7 bp −$37 | 200.8 bp −$2,008 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.81 bp | 25.3 bp −$25 | 57.3 bp −$573 | 282.7 bp −$28.3K | doesn't fit |
XAN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XANUSDT | +0.0100% | 4h | 0.01242 | −0.097% | $1.0M | $214K | 13x | as long as short |
| Gate XAN_USDT | +0.0100% | 4h | 0.01243 | +0.008% | $248K | $37K | 20x | as long as short |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01244 | +0.048% | $618K | $1.8M | 50x | as long as short |
| Bitget XANUSDT | +0.0100% | 4h | 0.01244 | +0.040% | $415K | $138K | 50x | as long as short |
| Variational Omni XAN | +0.0100% | 4h | 0.01240 | −0.276% | $8K | $2K | — | as long as short |
| BingX XAN-USDTlong | +0.0354% | 4h | 0.01243 | long leg | — | $1.3M | — | |
| MEXC XAN_USDTshort | +0.0372% | 4h | 0.01244 | +0.040% | $9.0M | $120K | 50x | |
| Binance XANUSDT | +0.0373% | 4h | 0.01244 | +0.060% | $2.1M | $1.4M | 50x | as long as short |
| Aster XANUSDT | +0.0527% | 4h | 0.01242 | −0.126% | $44K | $9K | 5x | as long as short |
Bybit XANUSDT
Gate XAN_USDT
KuCoin XANUSDTM
Bitget XANUSDT
Variational Omni XAN
Binance XANUSDT
Aster XANUSDT