Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 68.080 | +0.0106 | pay 0.0106% / 8h | 1h 57m | $944K | $734K | — | Long BingX | |
| SHORT | 67.260 | −0.0122 | pay 0.0122% / 8h | 1h 57m | $165K | $180K | 20x | Short MEXC |
Price gap−1.204%
Funding gap−0.0228% /8h
Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.966% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$14−0.0228% /8h now · paid −0.136% over the last 7D
Price−$97spread −1.204% now, avg −0.238% → −0.966% if it goes back
Costs−$3583.579% of $10k · taker + slippage, in and out
Result−$468−4.68%no points
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.136% in total, about −0.0065%/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−1.204%
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
/8hFLEX on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size15.4 / 162.0 bpAt $10k entering MEXC costs 162.0 bp, fee and slippage, 10.5× BingX’s.
- Note: Margin at max leverage— + $500BingX —, MEXC 20x. 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: −$6.84Long BingX: 3 payments, −$3.18; short MEXC: 3 payments, −$3.66.
- Watch: Gap narrower than usual−1.204% vs −0.238%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$165K vs $944K OIMEXC sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · MEXC YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0065%/8h × 21 periods−$13.60
Price spread−1.204% → −0.238% (7d avg)−$96.62
Slippage, 4 orderslive order books−$343.92
Fee BingX bp × 2 orders−$10.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$468.14
Costs to cover3.579%Break-evennever at this rate
Slippage: BingX: live order book, 69 min ago; MEXC: live order book, 31 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX10.3715.4 bp−$1542.1 bp−$421116.8 bp−$11.7K562.8 bp−$281.4K
SELL · SHORTMEXC140.13162.0 bp−$162299.6 bp−$2,996357.2 bp−$35.7Kdoesn’t fit
Closing costs about the same again.
OKX