Funding you earn now, next payment 04:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h +0.023%
Price spread now: BingX against MEXC−0.036%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as 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−0.005%$0 · spread now −0.036%, 7d avg +0.010%
=Funding pays, the price is against you. BingX is 0.046% cheaper against MEXC than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.010%). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.023% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ACT_USDT | 0.01105 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $6.4M | $111K | 20x |
| Short | BingX ACT-USDT | 0.01104 | 0.0196 | get 0.0098% / 4h | 1h 10m | — | $1.3M | — |
Funding 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
- $20.16
- Price spread: −0.036% → +0.010%
- −$4.61
- Slippage, 4 orders
- −$83.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$81.94
- Costs to cover
- 0.975%
- Break-even
- 35.5 days
Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 10 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, 2 min ago | 3.17 bp | 20.8 bp −$21 | 55.4 bp −$554 | 106.0 bp −$10.6K | 320.9 bp −$160.4K |
| Sell BingX live order book, 10 min ago | 5.41 bp | 32.0 bp −$32 | 188.6 bp −$1,886 | 698.5 bp −$69.9K | 1072.2 bp −$536.1K |
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 | −0.036% | $2.1M | $2.3M | 10x | as long as short |
| Gate ACT_USDT | +0.0100% | 4h | 0.01105 | +0.009% | $147K | $80K | 25x | as long as short |
| MEXC ACT_USDTlong | +0.0100% | 4h | 0.01105 | long leg | $6.4M | $111K | 20x | |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01105 | +0.009% | $265K | $88K | 10x | as long as short |
| Bybit ACTUSDT | +0.0170% | 4h | 0.01106 | +0.091% | $601K | $419K | 25x | as long as short |
| OKX ACT-USDT-SWAP | +0.0177% | 4h | 0.01104 | −0.036% | $787K | $1.4M | 10x | as long as short |
| BingX ACT-USDTshort | +0.0196% | 4h | 0.01104 | −0.036% | — | $1.3M | — |
MEXC ACT_USDT
BingX ACT-USDT
Binance ACTUSDT
Gate ACT_USDT
Bitget ACTUSDT
Bybit ACTUSDT
OKX ACT-USDT-SWAP