Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.4660 | −0.0343 | get 0.0343% / 8h | 6h 26m | $945K | $1.2M | — | Long BingX | |
| SHORT | 6.4420 | +0.0200 | get 0.0200% / 8h | 6h 26m | $1.4M | $84K | 20x | Short MEXC |
Price gap−0.371%
Funding gap+0.0543% /8h
Funding pays +$16 a day on $10k, but the gap is 0.373% under its 7d average: −$37 if it goes back, about 2.3 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$29+0.0543% /8h now · paid −0.288% over the last 7D
Price−$37spread −0.371% now, avg +0.002% → −0.373% if it goes back
Costs−$2,13221.318% of $10k · taker + slippage, in and out
Result−$2,198−21.98%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.288% in total, about −0.0137%/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−0.371%
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
/8hFWDI on 10 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size28.3 / 1141.8 bpAt $10k entering MEXC costs 1141.8 bp, fee and slippage, 40.4× 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: +$16.29Long BingX: 3 payments, +$10.29; short MEXC: 3 payments, +$6.00.
- Watch: Gap narrower than usual−0.371% vs +0.002%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$945K vs $1.4M OIBingX 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−0.0137%/8h × 21 periods−$28.83
Price spread−0.371% → +0.002% (7d avg)−$37.31
Slippage, 4 orderslive order books−$2,117.80
Fee BingX bp × 2 orders−$10.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$2,197.95
Costs to cover21.318%Break-evennever at this rate
Slippage: BingX: live order book, 7 min ago; MEXC: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX10.8628.3 bp−$28322.2 bp−$3,222doesn’t fitdoesn’t fit
SELL · SHORTMEXC344.571141.8 bp−$1,1421441.5 bp−$14.4K1515.0 bp−$151.5Kdoesn’t fit
Closing costs about the same again.
KuCoin