Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 23.710 | 0 | 0.0000% / 8h | 1h 40m | $2.6M | $92K | 20x | Long MEXC | |
| SHORT | 23.570 | +0.0050 | get 0.0050% / 8h | 1h 40m | $959K | $1.2M | — | Short BingX |
Price gap−0.590%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.219% under its 7d average: −$22 if it goes back, about 15 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$13+0.0050% /8h now · paid +0.126% over the last 7D
Price−$22spread −0.590% now, avg −0.372% → −0.219% if it goes back
Costs−$5355.348% of $10k · taker + slippage, in and out
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−0.590%
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
/8hSONY on 10 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size217.2 / 30.6 bpAt $10k entering MEXC costs 217.2 bp, fee and slippage, 7.1× BingX’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: +$1.50Long MEXC: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual−0.590% vs −0.372%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$959K vs $2.6M 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+$12.63
Price spread−0.590% → −0.372% (7d avg)−$21.86
Slippage, 4 orderslive order books−$524.81
Fee MEXC bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$544.04
Costs to cover5.348%Break-even308.5 days
Slippage: MEXC: live order book, 6 min ago; BingX: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC10.54217.2 bp−$217495.6 bp−$4,956732.8 bp−$73.3Kdoesn’t fit
SELL · SHORTBingX19.1030.6 bp−$3198.4 bp−$984591.0 bp−$59.1K1108.9 bp−$554.5K
Closing costs about the same again.
| 09-29 11:48 | Phemex | Other | 🎁 $50,000. One draw. Every eligible trader wins. 😍 Trade Futures, complete tasks, unlock more draw chances, and spin for: → iPhone Duo → Sony α7 IV → Trading bonuses & vouchers ⏳ Live Sep 21–Oct 5 UTC 👉 @Phemex_official on X ↗ |
| 09-28 04:34 | Phemex | Contest | Your next perpetual trade could come with a spin. - Complete trading tasks - Hit volume milestones - Invite friends for extra chances 🎁 Then draw for a share of $50,000 in prizes, including an iPhone Duo, Sony α7 IV, and $USDT trading rewards. Every eligible participant gets a prize. ⏳ Live Sep 21–Oct 5 UTC 👉 @Phemex_official on X ↗ |
| 09-24 19:26 | Phemex | Contest | Trade the setup. Spin for the upside. 🎁 Phemex Futures Lucky Draw 11th is live with a $50,000 prize pool. 👇 Complete Futures tasks, unlock draw chances, and stay active for more spins. iPhone Duo. Sony α7 IV. Trading bonuses. Every eligible participant wins. Full details in the reply. @Phemex_official on X ↗ |
| 09-21 19:50 | Phemex | Contest | Trade the market. Spin for more. 🎁 Lucky Draw #11 brings $50,000 in rewards, including an iPhone Duo, a Sony α7 IV, $USDT TRADING bonuses, and vouchers. Complete Perps Trading tasks to earn spins. Every eligible participant wins. 👇 Live Sep 21–Oct 5 UTC @Phemex_official on X ↗ |


Phemex