Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.60 per $10,000 · paid last 24h −0.030%
Price spread now: BingX against MEXC+0.330%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BingX is 0.330% dearer against MEXC than usual: you sell high and buy low (spread +0.330% now, against zero (this spread has no 7-day history yet)): +$33 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 9.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC APM_USDT | 0.006359 | 0.0400 | pay 0.0200% / 4h | 19m 44s | $16K | $85K | 20x |
| Short | BingX APM-USDT | 0.006380 | 0.0280 | get 0.0140% / 4h | 19m 44s | — | $1.0M | — |
MEXC APM_USDT
BingX APM-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
- −$25.2
- Price spread: +0.330% → 0.000%
- $33.02
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$22.18
- Costs to cover
- 0.300%
- Break-even
- from the start
Slippage unknown: MEXC: no order-book sample; BingX: live order book, 10 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 10 min ago | 26.77 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APM on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster APMUSDT | +0.0100% | 1h | 0.006317 | −0.664% | $1K | $1K | 5x | as long as short |
| BingX APM-USDTshort | +0.0280% | 4h | 0.006380 | +0.330% | — | $1.0M | — | |
| MEXC APM_USDTlong | +0.0400% | 4h | 0.006359 | long leg | $16K | $85K | 20x |
Aster APMUSDT