Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 291.53 | −0.1663 | get 0.1663% / 8h | 5h 45m | $1.3M | $148K | 20x | Long MEXC | |
| SHORT | 291.27 | +0.0050 | get 0.0050% / 8h | 5h 45m | $981K | $725K | — | Short BingX |
Price gap−0.089%
Funding gap+0.1713% /8h
Funding pays +$51 a day on $10k, but the gap is 0.111% under its 7d average: −$11 if it goes back, about 5 hours of funding. At the last 7 days' pace that is about 6.1 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$13+0.1713% /8h now · paid +0.127% over the last 7D
Price−$11spread −0.089% now, avg +0.021% → −0.111% if it goes back
Costs−$1531.528% of $10k · taker + slippage, in and out
Result−$151−1.51%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.127% in total, about +0.0060%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.089%
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
/8hCIEN on 13 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size37.4 / 50.1 bpAt $10k entering BingX costs 50.1 bp, fee and slippage, 1.3× 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: +$51.39Long MEXC: 3 payments, +$49.89; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual−0.089% vs +0.021%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$981K vs $1.3M 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+0.0060%/8h × 21 periods+$12.66
Price spread−0.089% → +0.021% (7d avg)−$11.06
Slippage, 4 orderslive order books−$138.83
Fee MEXC bp × 2 orders−$4.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$151.23
Costs to cover1.528%Break-even90.6 days
Slippage: MEXC: live order book, 5 min ago; BingX: live order book, 63 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC33.5537.4 bp−$37103.9 bp−$1,039243.9 bp−$24.4Kdoesn’t fit
SELL · SHORTBingX19.6750.1 bp−$50113.3 bp−$1,133278.4 bp−$27.8K667.9 bp−$333.9K
Closing costs about the same again.
CIEN news
posts that mention CIEN or Ciena, from every exchange| 10-02 15:51 | BingX | Other | $CIEN jumps 7.77% as AI networking demand fuels the rally 🚀 Bernstein initiated coverage with an Outperform rating and a $440 target, backing Ciena’s AI growth story. What’s next for $CIEN? Read the full breakdown 👇 @BingXOfficial on X ↗ |
| 09-18 12:57 | Paragon | Listing | Ciena ($CIEN), IREN ($IREN) and Applied Optoelectronics ($AAOI) sit on different layers of the same AI build: line systems, cloud capacity, and optical transceivers. All three are live as perpetuals, 24/7 on Hyperliquid. Up to 10x. @tradeparagon on X ↗ |
Paragon