Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: MEXC against BingX−0.023%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1361.356% of the position
Funding, last 7 days−0.353%−$35 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.023%, 7d avg +0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.056% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XCN-USDT | 0.004400 | 0.0100 | pay 0.0050% / 4h | 3h 07m | — | $1.6M | — |
| Short | MEXC XCN_USDT | 0.004399 | 0.0100 | get 0.0050% / 4h | 3h 07m | $2.3M | $165K | 20x |
BingX XCN-USDT
MEXC XCN_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: −0.023% → +0.033%
- −$5.57
- Slippage, 4 orders
- −$121.59
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$141.16
- Costs to cover
- 1.356%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 4 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, 8 min ago | 2.27 bp | 41.8 bp −$42 | 372.4 bp −$3,724 | 979.8 bp −$98.0K | 1311.1 bp −$655.5K |
| Sell MEXC live order book, 4 min ago | 1.14 bp | 24.6 bp −$25 | 103.8 bp −$1,038 | 194.8 bp −$19.5K | doesn't fit |
XCN on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCNUSD | +0.0091% | 1h | 0.004405 | +0.114% | $2K | $2K | 10x | as long as short |
| Aster XCNUSDT | +0.0100% | 1h | 0.004401 | +0.021% | $9K | $3K | 3x | as long as short |
| Bybit XCNUSDT | +0.0100% | 4h | 0.004404 | +0.089% | $1.0M | $1.5M | 5x | as long as short |
| Gate XCN_USDT | +0.0100% | 4h | 0.004393 | −0.159% | $347K | $94K | 10x | as long as short |
| MEXC XCN_USDTshort | +0.0100% | 4h | 0.004399 | −0.023% | $2.3M | $165K | 20x | |
| BingX XCN-USDTlong | +0.0100% | 4h | 0.004400 | long leg | — | $1.6M | — | |
| Variational Omni XCN | +0.0100% | 4h | 0.004398 | −0.053% | $10K | $511 | — | as long as short |
Kraken Futures PF_XCNUSD
Aster XCNUSDT
Bybit XCNUSDT
Gate XCN_USDT
Variational Omni XCN