Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BingX−0.137%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1431.432% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now −0.137%, 7d avg −0.007%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.130% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 4-USDT | 0.02184 | 0.0582 | pay 0.0291% / 4h | 23m 54s | — | $1.4M | — |
| Short | MEXC 4_USDT | 0.02181 | 0.0570 | get 0.0285% / 4h | 23m 54s | $1.9M | $851K | 100x |
BingX 4-USDT
MEXC 4_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.52
- Price spread: −0.137% → −0.007%
- −$13.02
- Slippage, 4 orders
- −$129.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$158.69
- Costs to cover
- 1.432%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 8 min ago | 4.35 bp | 23.8 bp −$24 | 123.8 bp −$1,238 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 9.16 bp | 20.7 bp −$21 | 110.4 bp −$1,104 | 275.4 bp −$27.5K | doesn't fit |
4 on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02180 | −0.179% | $53K | $5K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02178 | −0.275% | $2K | $1.0M | 20x | as long as short |
| Aster 4USDT | +0.0420% | 4h | 0.02183 | −0.046% | $250K | $95K | 5x | as long as short |
| Gate 4_USDT | +0.0554% | 4h | 0.02185 | +0.027% | $595K | $238K | 20x | as long as short |
| MEXC 4_USDTshort | +0.0570% | 4h | 0.02181 | −0.137% | $1.9M | $851K | 100x | |
| Binance 4USDT | +0.0571% | 4h | 0.02182 | −0.078% | $8.4M | $11.2M | 20x | as long as short |
| BingX 4-USDTlong | +0.0582% | 4h | 0.02184 | long leg | — | $1.4M | — | |
| KuCoin 4USDTM | +0.0598% | 4h | 0.02179 | −0.229% | $953K | $13.0M | 20x | as long as short |
| Bybit 4USDT | +0.0662% | 4h | 0.02178 | −0.252% | $2.9M | $1.7M | 5x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
Gate 4_USDT
Binance 4USDT
KuCoin 4USDTM
Bybit 4USDT