Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 38.880 | −0.0200 | get 0.0200% / 8h | 2h 31m | $969K | $1.2M | — | Long BingX | |
| SHORT | 38.845 | −0.0200 | pay 0.0200% / 8h | 2h 31m | $1.3M | $93K | 20x | Short MEXC |
Price gap−0.090%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$100.0000% /8h now · paid +0.096% over the last 7D
Price+$3spread −0.090% now, avg −0.116% → +0.026% if it goes back
Costs−$2272.271% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.090%
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
/8hMSFU on 7 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size101.8 / 34.1 bpAt $10k entering BingX costs 101.8 bp, fee and slippage, 3.0× MEXC’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: $0.00Long BingX: 3 payments, +$6.00; short MEXC: 3 payments, −$6.00.
- OK: Entry gap works for you−0.090% vs −0.116%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$969K vs $1.3M 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+0.0046%/8h × 21 periods+$9.64
Price spread−0.090% → −0.116% (7d avg)+$2.59
Slippage, 4 orderslive order books−$217.11
Fee BingX bp × 2 orders−$10.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$214.88
Costs to cover2.271%Break-even163.0 days
Slippage: BingX: live order book, 5 min ago; MEXC: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX50.16101.8 bp−$102125.8 bp−$1,258397.3 bp−$39.7Kdoesn’t fit
SELL · SHORTMEXC34.0834.1 bp−$3438.7 bp−$387170.5 bp−$17.1Kdoesn’t fit
Closing costs about the same again.
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