Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against MEXC+0.100%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$860.861% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.100%, 7d avg −0.088%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.188% dearer against MEXC than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC DEEP_USDT | 0.01996 | 0.0100 | pay 0.0050% / 4h | 27m 08s | $1.1M | $557K | 100x |
| Short | BingX DEEP-USDT | 0.01998 | 0.0200 | get 0.0100% / 4h | 27m 08s | — | $6.7M | — |
MEXC DEEP_USDT
BingX DEEP-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: +0.100% → −0.088%
- $18.83
- Slippage, 4 orders
- −$72.15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$46.31
- Costs to cover
- 0.861%
- Break-even
- 22.4 days
Slippage from MEXC: live order book, 4 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, 4 min ago | 2.51 bp | 14.6 bp −$15 | 57.5 bp −$575 | 253.3 bp −$25.3K | doesn't fit |
| Sell BingX live order book, 10 min ago | 7.52 bp | 29.8 bp −$30 | 84.5 bp −$845 | 478.7 bp −$47.9K | 977.9 bp −$489.0K |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.0483% | 1h | 0.01991 | −0.251% | $81K | $17K | 20x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01996 | −0.013% | $2.1M | $6.1M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01986 | −0.501% | $4.2M | $2.7M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01994 | −0.100% | $306K | $99K | 50x | as long as short |
| MEXC DEEP_USDTlong | +0.0100% | 4h | 0.01996 | long leg | $1.1M | $557K | 100x | |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01993 | −0.150% | $1.8M | $93K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.02000 | +0.200% | $864K | $605K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01985 | −0.563% | $13K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01993 | −0.147% | $5K | $221K | 5x | as long as short |
| BloFin DEEP-USDT | +0.0127% | 8h | 0.01988 | −0.401% | $99K | $34K | 50x | as long as short |
Bluefin DEEP-PERP
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
Variational Omni DEEP
Extended DEEP-USD
BloFin DEEP-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDTshort | +0.0200% | 4h | 0.01998 | +0.100% | — | $6.7M | — | |
| Kraken Futures PF_DEEPUSD | +1.3517% | 1h | 0.02015 | +0.961% | $8K | $7K | 10x | as long as short |
Kraken Futures PF_DEEPUSD