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: BingX against MEXC−0.068%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1431.431% of the position
Funding, last 7 days+0.353%+$35 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now −0.068%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.036% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XCN_USDT | 0.004401 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $2.3M | $164K | 20x |
| Short | BingX XCN-USDT | 0.004398 | 0.0100 | get 0.0050% / 4h | 1h 36m | — | $1.6M | — |
MEXC XCN_USDT
BingX XCN-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
- $0
- Price spread: −0.068% → −0.032%
- −$3.61
- Slippage, 4 orders
- −$129.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$146.74
- Costs to cover
- 1.431%
- Break-even
- never at this rate
Slippage from MEXC: live order book, just now; 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, just now | 3.41 bp | 28.7 bp −$29 | 107.5 bp −$1,075 | 175.9 bp −$17.6K | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.68 bp | 45.1 bp −$45 | 305.4 bp −$3,054 | 701.8 bp −$70.2K | 1093.8 bp −$546.9K |
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 | −0.0137% | 1h | 0.004408 | +0.157% | $2K | $2K | 10x | as long as short |
| Aster XCNUSDT | +0.0100% | 1h | 0.004403 | +0.052% | $9K | $3K | 3x | as long as short |
| Bybit XCNUSDT | +0.0100% | 4h | 0.004401 | +0.005% | $1.1M | $1.6M | 5x | as long as short |
| Gate XCN_USDT | +0.0100% | 4h | 0.004403 | +0.045% | $348K | $90K | 10x | as long as short |
| MEXC XCN_USDTlong | +0.0100% | 4h | 0.004401 | long leg | $2.3M | $164K | 20x | |
| BingX XCN-USDTshort | +0.0100% | 4h | 0.004398 | −0.068% | — | $1.6M | — | |
| Variational Omni XCN | +0.0100% | 4h | 0.004409 | +0.176% | $10K | $511 | — | as long as short |
Kraken Futures PF_XCNUSD
Aster XCNUSDT
Bybit XCNUSDT
Gate XCN_USDT
Variational Omni XCN