Funding you earn now, next payment 04:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.60 per $10,000 · paid last 24h −0.036%
Price spread now: BingX against MEXC−0.174%7-day average +0.062% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)+0.447%+$45 · spread now −0.174%, 7d avg +0.062%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.236% cheaper against MEXC than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.062%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZCAT_USDT | 0.09780 | 0.0400 | pay 0.0200% / 4h | 2h 25m | $159K | $195K | 20x |
| Short | BingX ZCAT-USDT | 0.09763 | 0.0280 | get 0.0140% / 4h | 2h 25m | — | $1.0M | — |
MEXC ZCAT_USDT
BingX ZCAT-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
- −$25.2
- Price spread: −0.174% → +0.062%
- −$23.56
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$62.76
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 16 min ago; BingX: live order book, 10 min ago. Net counts fees only.
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, 16 min ago | 8.09 bp | 490.4 bp −$490 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 8.14 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ZCAT on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZCAT_USDT | +0.0100% | 4h | 0.09719 | −0.624% | $40K | $24K | 10x | as long as short |
| BingX ZCAT-USDTshort | +0.0280% | 4h | 0.09763 | −0.174% | — | $1.0M | — | |
| MEXC ZCAT_USDTlong | +0.0400% | 4h | 0.09780 | long leg | $159K | $195K | 20x | |
| Aster ZCATUSDT | +1.0519% | 1h | 0.09688 | −0.940% | $75K | $56K | 5x | as long as short |
Gate ZCAT_USDT
Aster ZCATUSDT