Funding you earn now, next payment 08:00 UTC+0.0530%/8h= +58.0% APRnext payment +$2.65 per $10,000 · paid last 24h +0.496%
Price spread now: BingX against MEXC−0.042%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$670.673% of the position
Funding, last 7 days+0.701%+$70 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now −0.042%, 7d avg +0.047%
=Funding pays, the price is against you. BingX is 0.089% cheaper against MEXC than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.047%). If the spread goes back, that is −$9 on $10k: about 13 hours of funding at the current rate (+$16 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ESP_USDT | 0.09500 | 0.0100 | pay 0.0050% / 4h | 20m 33s | $1.3M | $131K | 20x |
| Short | BingX ESP-USDT | 0.09496 | 0.0630 | get 0.0315% / 4h | 20m 33s | — | $1.7M | — |
MEXC ESP_USDT
BingX ESP-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
- $111.3
- Price spread: −0.042% → +0.047%
- −$8.92
- Slippage, 4 orders
- −$53.28
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $35.1
- Costs to cover
- 0.673%
- Break-even
- 4.8 days
Slippage from MEXC: live order book, 1 min ago; BingX: 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 MEXC live order book, 1 min ago | 0.53 bp | 10.0 bp −$10 | 54.6 bp −$546 | 320.8 bp −$32.1K | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.79 bp | 23.7 bp −$24 | 62.7 bp −$627 | 488.1 bp −$48.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDT | +0.0055% | 4h | 0.09492 | −0.084% | $126K | $34K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09498 | −0.019% | $8K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09498 | −0.019% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09505 | +0.053% | $601K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09499 | −0.011% | $194K | $613K | 50x | as long as short |
| MEXC ESP_USDTlong | +0.0100% | 4h | 0.09500 | long leg | $1.3M | $131K | 20x | |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09506 | +0.063% | $1.5M | $38K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09495 | −0.056% | $954K | $133K | 20x | as long as short |
| edgeX ESPUSDC | +0.0108% | 4h | 0.09489 | −0.119% | $29K | $267K | 10x | as long as short |
| BingX ESP-USDTshort | +0.0630% | 4h | 0.09496 | −0.042% | — | $1.7M | — |
BloFin ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0711% | 4h | 0.09477 | −0.242% | $1.1M | $659K | 50x | as long as short |
Bybit ESPUSDT