Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.102%
Price spread now: BingX against MEXC+0.072%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days−0.441%−$44 on $10k
+Price spread, last 7 days−0.163%−$16 · spread now +0.072%, 7d avg +0.036%
=The price spread pays, funding is against you. BingX is 0.036% dearer against MEXC than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.036%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 7 days (−0.441% in total) that is about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CP_USDT | 0.01385 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $1.5M | $363K | 20x |
| Short | BingX CP-USDT | 0.01386 | 0.0070 | get 0.0035% / 4h | 1h 05m | — | $1.0M | — |
MEXC CP_USDT
BingX CP-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
- −$6.3
- Price spread: +0.072% → +0.036%
- $3.6
- Slippage, 4 orders
- −$63.7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$80.41
- Costs to cover
- 0.777%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 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, 1 min ago | 3.60 bp | 10.7 bp −$11 | 53.2 bp −$532 | 445.2 bp −$44.5K | doesn't fit |
| Sell BingX live order book, 5 min ago | 10.69 bp | 33.0 bp −$33 | 89.7 bp −$897 | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDTshort | +0.0070% | 4h | 0.01386 | +0.072% | — | $1.0M | — | |
| Bybit CPUSDT | +0.0100% | 4h | 0.01386 | +0.072% | $1.4M | $2.5M | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01386 | +0.072% | $3.9M | $11.2M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01388 | +0.217% | $612K | $555K | 20x | as long as short |
| MEXC CP_USDTlong | +0.0100% | 4h | 0.01385 | long leg | $1.5M | $363K | 20x | |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01389 | +0.289% | $198K | $890K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01388 | +0.195% | $786K | $1.5M | 20x | as long as short |
| BloFin CP-USDT | +0.0114% | 4h | 0.01389 | +0.289% | $424 | $41K | 20x | as long as short |
Bybit CPUSDT
OKX CP-USDT-SWAP
Gate CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT
BloFin CP-USDT