Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.004%
Price spread now: BingX against MEXC−0.112%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1391.389% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 7 days+0.071%+$7 · spread now −0.112%, 7d avg −0.086%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.026% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.086%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAN_USDT | 0.01247 | 0.0620 | pay 0.0310% / 4h | 3h 56m | $9.0M | $108K | 50x |
| Short | BingX XAN-USDT | 0.01245 | 0.0600 | get 0.0300% / 4h | 3h 56m | — | $1.3M | — |
MEXC XAN_USDT
BingX XAN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- −$4.2
- Price spread: −0.112% → −0.086%
- −$2.64
- Slippage, 4 orders
- −$124.86
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$145.7
- Costs to cover
- 1.389%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 10 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 MEXC live order book, 2 min ago | 3.20 bp | 31.1 bp −$31 | 63.4 bp −$634 | 327.1 bp −$32.7K | doesn't fit |
| Sell BingX live order book, 10 min ago | 6.03 bp | 50.7 bp −$51 | 206.4 bp −$2,064 | doesn't fit | 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 | 0.01244 | −0.225% | $1.0M | $211K | 13x | as long as short |
| Gate XAN_USDT | +0.0100% | 4h | 0.01246 | −0.096% | $248K | $28K | 20x | as long as short |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01247 | +0.040% | $616K | $1.7M | 50x | as long as short |
| Bitget XANUSDT | +0.0100% | 4h | 0.01246 | −0.048% | $417K | $124K | 50x | as long as short |
| Variational Omni XAN | +0.0100% | 4h | 0.01244 | −0.178% | $7K | $2K | — | as long as short |
| BingX XAN-USDTshort | +0.0600% | 4h | 0.01245 | −0.112% | — | $1.3M | — | |
| Binance XANUSDT | +0.0620% | 4h | 0.01246 | −0.024% | $2.1M | $1.4M | 50x | as long as short |
| MEXC XAN_USDTlong | +0.0620% | 4h | 0.01247 | long leg | $9.0M | $108K | 50x | |
| Aster XANUSDT | +0.0848% | 4h | 0.01247 | −0.014% | $45K | $8K | 5x | as long as short |
Bybit XANUSDT
Gate XAN_USDT
KuCoin XANUSDTM
Bitget XANUSDT
Variational Omni XAN
Binance XANUSDT
Aster XANUSDT