Funding you earn now, next payment 08:00 UTC+0.0211%/8h= +23.1% APRnext payment +$2.11 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against MEXC+0.088%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$440.445% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now +0.088%, 7d avg +0.033%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.055% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.033%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.11 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 | MEXC BICO_USDT | 0.02260 | 0.0100 | pay 0.0100% / 8h | 7h 27m | $1.8M | $1.0M | 50x |
| Short | BingX BICO-USDT | 0.02262 | 0.0311 | get 0.0311% / 8h | 7h 27m | — | $1.7M | — |
MEXC BICO_USDT
BingX BICO-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
- $44.31
- Price spread: +0.088% → +0.033%
- $5.53
- Slippage, 4 orders
- −$34.48
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $5.36
- Costs to cover
- 0.445%
- Break-even
- 6.2 days
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 5 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, 4 min ago | 2.20 bp | 3.6 bp −$4 | 25.5 bp −$255 | 163.0 bp −$16.3K | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.62 bp | 19.1 bp −$19 | 47.9 bp −$479 | 636.7 bp −$63.7K | 1146.8 bp −$573.4K |
BICO on 11 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 BICOUSDT | +0.0100% | 8h | 0.02262 | +0.088% | $94K | $19K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02261 | +0.035% | $4.1M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02260 | 0.000% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDTlong | +0.0100% | 8h | 0.02260 | long leg | $1.8M | $1.0M | 50x | |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02265 | +0.221% | $1.1M | $1.3M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02260 | 0.000% | $643K | $464K | 10x | as long as short |
| Variational Omni BICO | +0.0136% | 8h | 0.02269 | +0.389% | $16K | $5K | — | as long as short |
| Bybit BICOUSDT | +0.0304% | 8h | 0.02264 | +0.173% | $2.5M | $3.7M | 20x | as long as short |
| BingX BICO-USDTshort | +0.0311% | 8h | 0.02262 | +0.088% | — | $1.7M | — | |
| Gate BICO_USDT | +0.0328% | 8h | 0.02260 | 0.000% | $404K | $301K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.3485% | 1h | 0.02271 | +0.494% | $39K | $52K | 20x | as long as short |
Kraken Futures PF_BICOUSD