Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 33.507 | +0.0074 | pay 0.0074% / 8h | 3h 02m | $5.3M | $93K | 20x | Long MEXC | |
| SHORT | 33.530 | +0.0050 | get 0.0050% / 8h | 3h 02m | $913K | $1.2M | — | Short BingX |
Price gap+0.069%
Funding gap−0.0024% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.050% under its 7d average. Swap the legs.
Funding on this pair paid 0.147% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$15−0.0024% /8h now · paid +0.147% over the last 7D
Price−$5spread +0.069% now, avg +0.119% → −0.050% if it goes back
Costs−$1481.484% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.069%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAMZU on 6 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size15.2 / 67.6 bpAt $10k entering BingX costs 67.6 bp, fee and slippage, 4.4× MEXC’s.
- Note: Margin at max leverage$500 + —MEXC 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.72Long MEXC: 3 payments, −$2.22; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual+0.069% vs +0.119%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$913K vs $5.3M OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · BingX YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0070%/8h × 21 periods+$14.71
Price spread+0.069% → +0.119% (7d avg)−$5.04
Slippage, 4 orderslive order books−$138.43
Fee MEXC bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$138.76
Costs to cover1.484%Break-even73.0 days
Slippage: MEXC: live order book, 3 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC14.3315.2 bp−$1516.7 bp−$167160.4 bp−$16.0Kdoesn’t fit
SELL · SHORTBingX17.9067.6 bp−$6899.1 bp−$991383.6 bp−$38.4Kdoesn’t fit
Closing costs about the same again.
HTX
Bybit