Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against MEXC−0.087%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1141.142% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.087%, 7d avg +0.005%
=Funding pays, the price is against you. BingX is 0.093% cheaper against MEXC than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.005%). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.021% in total) that is about 31 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GWEI_USDT | 0.02286 | 0.0614 | pay 0.0307% / 4h | 1h 48m | $101K | $85K | 20x |
| Short | BingX GWEI-USDT | 0.02284 | 0.0722 | get 0.0361% / 4h | 1h 48m | — | $1.6M | — |
MEXC GWEI_USDT
BingX GWEI-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
- $22.68
- Price spread: −0.087% → +0.005%
- −$9.26
- Slippage, 4 orders
- −$100.25
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$100.83
- Costs to cover
- 1.142%
- Break-even
- 38.1 days
Slippage from MEXC: live order book, 22 min ago; BingX: live order book, 12 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, 22 min ago | 2.19 bp | 21.6 bp −$22 | 107.5 bp −$1,075 | 289.4 bp −$28.9K | doesn't fit |
| Sell BingX live order book, 12 min ago | 6.58 bp | 29.3 bp −$29 | 94.0 bp −$940 | 640.2 bp −$64.0K | doesn't fit |
GWEI 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GWEI | +0.0100% | 4h | 0.02289 | +0.145% | $4K | $55 | — | as long as short |
| KuCoin GWEIUSDTM | +0.0166% | 4h | 0.02282 | −0.192% | $451K | $17K | 20x | as long as short |
| Bitget GWEIUSDT | +0.0566% | 4h | 0.02287 | +0.044% | $1.9M | $210K | 20x | as long as short |
| BloFin GWEI-USDT | +0.0589% | 4h | 0.02287 | +0.044% | $171K | $28K | 50x | as long as short |
| Binance GWEIUSDT | +0.0606% | 4h | 0.02287 | +0.058% | $2.4M | $2.6M | 50x | as long as short |
| Extended GWEI-USD | +0.0608% | 1h | 0.02286 | +0.017% | $3K | $142K | 5x | as long as short |
| MEXC GWEI_USDTlong | +0.0614% | 4h | 0.02286 | long leg | $101K | $85K | 20x | |
| BingX GWEI-USDTshort | +0.0722% | 4h | 0.02284 | −0.087% | — | $1.6M | — | |
| Gate GWEI_USDT | +0.0768% | 4h | 0.02282 | −0.188% | $376K | $387K | 10x | as long as short |
| Bybit GWEIUSDT | +0.0949% | 4h | 0.02291 | +0.219% | $371K | $115K | 25x | as long as short |
Variational Omni GWEI
KuCoin GWEIUSDTM
Bitget GWEIUSDT
BloFin GWEI-USDT
Binance GWEIUSDT
Extended GWEI-USD
Gate GWEI_USDT
Bybit GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.1696% | 4h | 0.02287 | +0.038% | $16K | $15K | 10x | as long as short |
Aster GWEIUSDT