Funding you earn now, next payment 12:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.93 per $10,000 · paid last 24h −0.065%
Price spread now: MEXC against BingX+0.215%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1571.569% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.215%, 7d avg +0.060%
=The price spread pays, funding is against you. MEXC is 0.154% dearer against BingX than usual: you sell high and buy low (spread +0.215% now, against its 7-day average of +0.060%): +$15 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.025% in total) that is about 43 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX B2-USDT | 0.5126 | 0.0328 | pay 0.0164% / 4h | 2h 58m | — | $1.4M | — |
| Short | MEXC B2_USDT | 0.5137 | 0.0142 | get 0.0071% / 4h | 2h 58m | $551K | $304K | 100x |
BingX B2-USDT
MEXC B2_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
- −$39.06
- Price spread: +0.215% → +0.060%
- $15.43
- Slippage, 4 orders
- −$138.89
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$180.52
- Costs to cover
- 1.569%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 21 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 | 7.76 bp | 69.0 bp −$69 | 247.2 bp −$2,472 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 21 min ago | 1.96 bp | 27.7 bp −$28 | 99.0 bp −$990 | 247.9 bp −$24.8K | doesn't fit |
B2 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDT | +0.0100% | 4h | 0.5130 | +0.078% | $1.7M | $1.8M | 20x | as long as short |
| MEXC B2_USDTshort | +0.0142% | 4h | 0.5137 | +0.215% | $551K | $304K | 100x | |
| Binance B2USDT | +0.0143% | 4h | 0.5138 | +0.243% | $8.4M | $8.8M | 50x | as long as short |
| Bitget B2USDT | +0.0300% | 4h | 0.5130 | +0.078% | $2.8M | $680K | 50x | as long as short |
| BingX B2-USDTlong | +0.0328% | 4h | 0.5126 | long leg | — | $1.4M | — | |
| Aster B2USDT | +0.0375% | 4h | 0.5133 | +0.143% | $160K | $152K | 5x | as long as short |
| KuCoin B2USDTM | +0.0494% | 4h | 0.5136 | +0.195% | $1.0M | $283K | 50x | as long as short |
| Variational Omni B2 | +0.0633% | 4h | 0.5136 | +0.196% | $14K | $2K | — | as long as short |
| Gate B2_USDT | +0.0822% | 4h | 0.5142 | +0.312% | $932K | $374K | 20x | as long as short |
Bybit B2USDT
Binance B2USDT
Bitget B2USDT
Aster B2USDT
KuCoin B2USDTM
Variational Omni B2
Gate B2_USDT