Funding you earn now, next payment 12:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against MEXC+0.058%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$670.674% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now +0.058%, 7d avg +0.033%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.024% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.033%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, 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 | MEXC ETHFI_USDT | 0.6938 | 0.0022 | pay 0.0011% / 4h | 3h 25m | $15.7M | $4.2M | 125x |
| Short | BingX ETHFI-USDC | 0.6942 | 0.0100 | get 0.0050% / 4h | 3h 25m | — | $1.2M | — |
MEXC ETHFI_USDT
BingX ETHFI-USDCFunding 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
- $16.38
- Price spread: +0.058% → +0.033%
- $2.45
- Slippage, 4 orders
- −$53.44
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$48.61
- Costs to cover
- 0.674%
- Break-even
- 27.8 days
Slippage from MEXC: live order book, 8 min ago; BingX: live order book, 4 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, 8 min ago | 0.72 bp | 6.6 bp −$7 | 12.2 bp −$122 | 54.2 bp −$5,425 | 172.0 bp −$86.0K |
| Sell BingX live order book, 4 min ago | 2.16 bp | 30.1 bp −$30 | 96.9 bp −$969 | 567.7 bp −$56.8K | 757.9 bp −$378.9K |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0470% | 1h | 0.6940 | +0.029% | $41K | $12K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0349% | 4h | 0.6935 | −0.043% | $82K | $150K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0280% | 4h | 0.6938 | 0.000% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0269% | 4h | 0.6931 | −0.099% | $925K | $790K | — | as long as short |
| Bybit ETHFIUSDT | −0.0121% | 4h | 0.6943 | +0.072% | $17.0M | $13.0M | 25x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0089% | 8h | 0.6937 | −0.008% | $6K | — | 5x | as long as short |
| MEXC ETHFI_USDTlong | +0.0022% | 4h | 0.6938 | long leg | $15.7M | $4.2M | 125x | |
| Aster ETHFIUSDT | +0.0023% | 4h | 0.6939 | +0.015% | $178K | $230K | 10x | as long as short |
| Extended ETHFI-USD | +0.0024% | 1h | 0.6940 | +0.029% | $94K | $501K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0025% | 4h | 0.6940 | +0.023% | $24.3M | $35.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Bybit ETHFIUSDT
Paradex ETHFI-USD-PERP
Aster ETHFIUSDT
Extended ETHFI-USD
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.353% | $321 | $51K | 5.5x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.6946 | +0.113% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0095% | 4h | 0.6946 | +0.115% | $1.2M | $231K | 75x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6952 | +0.195% | $1.1M | $834K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6942 | +0.063% | $16.6M | $8.6M | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6944 | +0.086% | $5.1M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6947 | +0.130% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6943 | +0.072% | $1.1M | $211K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6939 | +0.014% | $6.1M | $4.3M | 75x | as long as short |
| BingX ETHFI-USDCshort | +0.0100% | 4h | 0.6942 | +0.058% | — | $1.2M | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6952 | +0.202% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6938 | 0.000% | $2K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.7020 | +1.182% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0870% | 1h | 0.6948 | +0.148% | $292K | $288K | 20x | as long as short |
Injective ETHFI/USDC PERP
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD