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: BingX against MEXC−0.071%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as 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)+0.122%+$12 · spread now −0.071%, 7d avg −0.002%
=Funding pays, the price is against you. BingX is 0.069% cheaper against MEXC than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.002%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 1000000BABYDOGE_USDT | 0.0000000004222 | 0.0100 | pay 0.0050% / 4h | 3h 04m | $451K | $155K | 50x |
| Short | BingX 1000000BABYDOGE-USDT | 0.0000000004219 | 0.0200 | get 0.0100% / 4h | 3h 04m | — | $1.3M | — |
MEXC 1000000BABYDOGE_USDT
BingX 1000000BABYDOGE-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
- $21
- Price spread: −0.071% → −0.002%
- −$6.94
- Slippage, 4 orders
- −$79.24
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$79.19
- Costs to cover
- 0.932%
- Break-even
- 33.4 days
Slippage from MEXC: live order book, 36 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, 36 min ago | 4.77 bp | 15.8 bp −$16 | 89.4 bp −$894 | 713.6 bp −$71.4K | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.72 bp | 28.4 bp −$28 | 201.2 bp −$2,012 | 683.7 bp −$68.4K | 924.3 bp −$462.2K |
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 | 0.0000000004224 | +0.038% | $1.9M | $3.5M | 50x | as long as short |
| Bybit 1000000BABYDOGEUSDT | +0.0100% | 4h | 0.0000000004226 | +0.095% | $481K | $700K | 25x | as long as short |
| MEXC 1000000BABYDOGE_USDTlong | +0.0100% | 4h | 0.0000000004222 | long leg | $451K | $155K | 50x | |
| KuCoin 1MBABYDOGEUSDTM | +0.0100% | 4h | 0.0000000004215 | −0.166% | $294K | $86K | 20x | as long as short |
| Bitget 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004218 | −0.095% | $1.3M | $542K | 50x | as long as short |
| BingX 1000000BABYDOGE-USDTshort | +0.0200% | 4h | 0.0000000004219 | −0.071% | — | $1.3M | — |
Binance 1MBABYDOGEUSDT
Bybit 1000000BABYDOGEUSDT
KuCoin 1MBABYDOGEUSDTM
Bitget 1MBABYDOGEUSDT