Funding you earn now, next payment 04:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.60 per $10,000 · paid last 24h −0.023%
Price spread now: MEXC against BingX−0.081%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$970.975% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 7 days+0.122%+$12 · spread now −0.081%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.072% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ACT-USDT | 0.01104 | 0.0220 | pay 0.0110% / 4h | 1h 12m | — | $1.2M | — |
| Short | MEXC ACT_USDT | 0.01103 | 0.0100 | get 0.0050% / 4h | 1h 12m | $6.4M | $110K | 20x |
BingX ACT-USDT
MEXC ACT_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
- −$25.2
- Price spread: −0.081% → −0.010%
- −$7.16
- Slippage, 4 orders
- −$83.49
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$129.84
- Costs to cover
- 0.975%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 1 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 | 5.41 bp | 24.4 bp −$24 | 185.1 bp −$1,851 | 622.9 bp −$62.3K | 927.9 bp −$464.0K |
| Sell MEXC live order book, 1 min ago | 3.17 bp | 20.3 bp −$20 | 54.4 bp −$544 | 110.3 bp −$11.0K | 336.6 bp −$168.3K |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01104 | −0.065% | $2.1M | $2.3M | 10x | as long as short |
| Gate ACT_USDT | +0.0100% | 4h | 0.01105 | +0.054% | $147K | $80K | 25x | as long as short |
| MEXC ACT_USDTshort | +0.0100% | 4h | 0.01103 | −0.081% | $6.4M | $110K | 20x | |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01104 | −0.036% | $264K | $88K | 10x | as long as short |
| Bybit ACTUSDT | +0.0160% | 4h | 0.01105 | +0.081% | $601K | $419K | 25x | as long as short |
| OKX ACT-USDT-SWAP | +0.0188% | 4h | 0.01104 | −0.018% | $786K | $1.4M | 10x | as long as short |
| BingX ACT-USDTlong | +0.0220% | 4h | 0.01104 | long leg | — | $1.2M | — |
Binance ACTUSDT
Gate ACT_USDT
Bitget ACTUSDT
Bybit ACTUSDT
OKX ACT-USDT-SWAP