Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h −0.499%
Price spread now: MEXC against BingX+0.021%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$640.643% of the position
Funding, last 7 days−0.701%−$70 on $10k
+Price spread, last 7 days−0.086%−$9 · spread now +0.021%, 7d avg −0.049%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.070% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.049%. Mind the row above: over the last 7 days funding on this pair cost −0.701%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ESP-USDT | 0.09385 | 0.0036 | pay 0.0018% / 4h | 23m 58s | — | $1.7M | — |
| Short | MEXC ESP_USDT | 0.09387 | 0.0100 | get 0.0050% / 4h | 23m 58s | $1.3M | $120K | 20x |
BingX ESP-USDT
MEXC ESP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- $13.44
- Price spread: +0.021% → −0.049%
- $6.99
- Slippage, 4 orders
- −$50.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$43.85
- Costs to cover
- 0.643%
- Break-even
- 29.8 days
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 2 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 BingX live order book, 8 min ago | 6.40 bp | 22.3 bp −$22 | 68.7 bp −$687 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.53 bp | 8.6 bp −$9 | 40.2 bp −$402 | 480.7 bp −$48.1K | doesn't fit |
ESP 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDTlong | +0.0036% | 4h | 0.09385 | long leg | — | $1.7M | — | |
| Aster ESPUSDT | +0.0100% | 4h | 0.09390 | +0.049% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09386 | +0.014% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09391 | +0.064% | $597K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09396 | +0.117% | $174K | $602K | 50x | as long as short |
| MEXC ESP_USDTshort | +0.0100% | 4h | 0.09387 | +0.021% | $1.3M | $120K | 20x | |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09391 | +0.064% | $1.5M | $45K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09394 | +0.096% | $944K | $136K | 20x | as long as short |
| edgeX ESPUSDC | +0.0101% | 4h | 0.09393 | +0.083% | $29K | $266K | 10x | as long as short |
| BloFin ESP-USDT | +0.0155% | 4h | 0.09393 | +0.085% | $123K | $33K | 25x | as long as short |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC
BloFin ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0215% | 4h | 0.09378 | −0.075% | $1.1M | $616K | 50x | as long as short |
Bybit ESPUSDT