Funding you earn now, next payment 04:00 UTC+0.1390%/8h= +152.2% APRnext payment +$6.95 per $10,000 · paid last 24h +0.257%
Price spread now: BingX against MEXC−0.109%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$470.473% of the position
Funding, last 6 days (all we have)+0.975%+$97 on $10k
+Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.109%, 7d avg +0.046%
=Funding pays, the price is against you. BingX is 0.156% cheaper against MEXC than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of +0.046%). If the spread goes back, that is −$16 on $10k: about 9 hours of funding at the current rate (+$42 a day). At the pace of the last 6 days (+0.975% in total) that is about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CVC_USDT | 0.02741 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $654K | $128K | 20x |
| Short | BingX CVC-USDT | 0.02738 | 0.1490 | get 0.0745% / 4h | 1h 54m | — | $2.4M | — |
MEXC CVC_USDT
BingX CVC-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
- $291.9
- Price spread: −0.109% → +0.046%
- −$15.56
- Slippage, 4 orders
- −$33.32
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $229.02
- Costs to cover
- 0.473%
- Break-even
- 1.5 days
Slippage from MEXC: live order book, 1 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, 1 min ago | 1.82 bp | 8.9 bp −$9 | 32.2 bp −$322 | 197.7 bp −$19.8K | 600.8 bp −$300.4K |
| Sell BingX live order book, 10 min ago | 5.45 bp | 17.6 bp −$18 | 59.2 bp −$592 | 710.8 bp −$71.1K | 1262.0 bp −$631.0K |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0022% | 4h | 0.02741 | 0.000% | $215K | $310K | 25x | as long as short |
| Binance CVCUSDT | +0.0100% | 4h | 0.02741 | 0.000% | $2.9M | $5.7M | 50x | as long as short |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02724 | −0.620% | $1.7M | $1.6M | 25x | as long as short |
| MEXC CVC_USDTlong | +0.0100% | 4h | 0.02741 | long leg | $654K | $128K | 20x | |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02749 | +0.292% | $1.4M | $415K | 30x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02742 | +0.036% | $451K | $460K | 50x | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02739 | −0.089% | $1K | $370 | — | as long as short |
| BingX CVC-USDTshort | +0.1490% | 4h | 0.02738 | −0.109% | — | $2.4M | — |
Gate CVC_USDT
Binance CVCUSDT
Bybit CVCUSDT
KuCoin CVCUSDTM
Bitget CVCUSDT
Variational Omni CVC