Settings8H · net · $10k
Funding arb · Price arb /

B2

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0538%/8h= +58.9% APRnext payment +$2.69 per $10,000 · paid last 24h +0.047%
Price spread now: BingX against MEXC+0.082%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$940.942% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.259%−$26 · spread now +0.082%, 7d avg −0.063%
Together, before fees−0.254%−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and BingX is 0.144% dearer against MEXC than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.063%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC B2_USDT0.49070.0912pay 0.0456% / 4h2h 03m$555K$563K100x
ShortBingX B2-USDT0.49110.1450get 0.0725% / 4h2h 03m$1.4M

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$112.98
Price spread: +0.082% → −0.063%
$14.41
Slippage, 4 orders
−$76.17
Fee MEXC: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$33.22
Costs to cover
0.942%
Break-even
4.9 days
Slippage from MEXC: live order book, 11 min ago; BingX: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 11 min ago1.02 bp13.5 bp −$1487.2 bp −$872263.6 bp −$26.4Kdoesn't fit
Sell BingX live order book, 12 min ago6.09 bp31.2 bp −$31110.6 bp −$1,106doesn't fitdoesn't fit

B2 on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance B2USDT+0.0906%4h0.4906−0.020%$7.9M$13.1M50xas long as short
MEXC B2_USDTlong+0.0912%4h0.4907long leg$555K$563K100x
Aster B2USDT+0.1002%4h0.4908+0.020%$154K$187K5xas long as short
Bybit B2USDT+0.1158%4h0.49070.000%$1.5M$2.8M20xas long as short
BingX B2-USDTshort+0.1450%4h0.4911+0.082%$1.4M
Bitget B2USDT+0.1528%4h0.4901−0.122%$2.7M$1.4M50xas long as short
Variational Omni B2+0.1886%4h0.4923+0.322%$14K$2Kas long as short
KuCoin B2USDTM+0.1986%4h0.4915+0.163%$1.0M$317K50xas long as short
Gate B2_USDT+0.2630%4h0.4925+0.367%$863K$442K20xas long as short