Funding you earn now, next payment 00:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against MEXC−0.023%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.023%, 7d avg +0.007%
=Funding pays, the price is against you. BingX is 0.029% cheaper against MEXC than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.007%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.171% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 4_USDT | 0.02216 | 0.0360 | pay 0.0180% / 4h | 2h 01m | $2.1M | $824K | 100x |
| Short | BingX 4-USDT | 0.02216 | 0.0552 | get 0.0276% / 4h | 2h 01m | — | $1.4M | — |
MEXC 4_USDT
BingX 4-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $40.32
- Price spread: −0.023% → +0.007%
- −$2.91
- Slippage, 4 orders
- −$115.38
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$91.97
- Costs to cover
- 1.294%
- Break-even
- 23.0 days
Slippage from MEXC: live order book, just now; BingX: live order book, 15 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 MEXC live order book, just now | 2.26 bp | 12.1 bp −$12 | 99.7 bp −$997 | 272.0 bp −$27.2K | doesn't fit |
| Sell BingX live order book, 15 min ago | 30.32 bp | 49.9 bp −$50 | 118.1 bp −$1,181 | doesn't fit | 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 | 0.02214 | −0.095% | $54K | $9K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02212 | −0.181% | $1K | $974K | 20x | as long as short |
| MEXC 4_USDTlong | +0.0360% | 4h | 0.02216 | long leg | $2.1M | $824K | 100x | |
| Binance 4USDT | +0.0368% | 4h | 0.02216 | −0.005% | $8.6M | $10.5M | 20x | as long as short |
| Aster 4USDT | +0.0412% | 4h | 0.02215 | −0.056% | $252K | $92K | 5x | as long as short |
| Gate 4_USDT | +0.0454% | 4h | 0.02210 | −0.289% | $602K | $232K | 20x | as long as short |
| BingX 4-USDTshort | +0.0552% | 4h | 0.02216 | −0.023% | — | $1.4M | — | |
| KuCoin 4USDTM | +0.0596% | 4h | 0.02215 | −0.045% | $911K | $13.2M | 20x | as long as short |
| Bybit 4USDT | +0.0602% | 4h | 0.02215 | −0.054% | $2.9M | $1.6M | 5x | as long as short |
Variational Omni 4
SunX 4-USDT
Binance 4USDT
Aster 4USDT
Gate 4_USDT
KuCoin 4USDTM
Bybit 4USDT