Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.043%
Price spread now: MEXC against BingX+0.261%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$930.932% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 4 days (all we have)−0.312%−$31 · spread now +0.261%, 7d avg +0.002%
=The price spread pays, funding is against you. MEXC is 0.260% dearer against BingX than usual: you sell high and buy low (spread +0.261% now, against its 7-day average of +0.002%): +$26 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000000BABYDOGE-USDT | 0.0000000004212 | 0.0200 | pay 0.0100% / 4h | 3h 03m | — | $1.3M | — |
| Short | MEXC 1000000BABYDOGE_USDT | 0.0000000004223 | 0.0100 | get 0.0050% / 4h | 3h 03m | $451K | $155K | 50x |
BingX 1000000BABYDOGE-USDT
MEXC 1000000BABYDOGE_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
- −$21
- Price spread: +0.261% → +0.002%
- $25.95
- Slippage, 4 orders
- −$79.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$88.29
- Costs to cover
- 0.932%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; MEXC: live order book, 37 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, 12 min ago | 4.72 bp | 28.7 bp −$29 | 215.0 bp −$2,150 | 613.9 bp −$61.4K | 857.6 bp −$428.8K |
| Sell MEXC live order book, 37 min ago | 4.77 bp | 20.5 bp −$20 | 89.2 bp −$892 | 744.6 bp −$74.5K | doesn't fit |
BABYDOGE on 6 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 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004214 | +0.052% | $1.9M | $3.5M | 50x | as long as short |
| Bybit 1000000BABYDOGEUSDT | +0.0100% | 4h | 0.0000000004215 | +0.071% | $485K | $704K | 25x | as long as short |
| MEXC 1000000BABYDOGE_USDTshort | +0.0100% | 4h | 0.0000000004223 | +0.261% | $451K | $155K | 50x | |
| KuCoin 1MBABYDOGEUSDTM | +0.0100% | 4h | 0.0000000004210 | −0.047% | $294K | $90K | 20x | as long as short |
| Bitget 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004213 | +0.024% | $1.3M | $548K | 50x | as long as short |
| BingX 1000000BABYDOGE-USDTlong | +0.0200% | 4h | 0.0000000004212 | long leg | — | $1.3M | — |
Binance 1MBABYDOGEUSDT
Bybit 1000000BABYDOGEUSDT
KuCoin 1MBABYDOGEUSDTM
Bitget 1MBABYDOGEUSDT