Funding you earn now, next payment 12:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.031%
Price spread now: MEXC against BingX−0.120%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$460.457% of the position
Funding, last 7 days+0.473%+$47 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.120%, 7d avg −0.026%
=Funding pays, the price is against you. MEXC is 0.093% cheaper against BingX than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of −0.026%). If the spread goes back, that is −$9 on $10k: about 3.4 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.473% in total) that is about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07513 | 0.0008 | pay 0.0004% / 4h | 3h 30m | — | $6.6M | — |
| Short | MEXC LA_USDT | 0.07504 | 0.0100 | get 0.0050% / 4h | 3h 30m | $385K | $133K | 50x |
BingX LA-USDT
MEXC LA_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
- $19.32
- Price spread: −0.120% → −0.026%
- −$9.35
- Slippage, 4 orders
- −$31.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$35.77
- Costs to cover
- 0.457%
- Break-even
- 20.0 days
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 50 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, 6 min ago | 1.99 bp | 14.0 bp −$14 | 21.0 bp −$210 | 662.7 bp −$66.3K | 1257.5 bp −$628.7K |
| Sell MEXC live order book, 50 min ago | 1.33 bp | 9.1 bp −$9 | 68.6 bp −$686 | 364.8 bp −$36.5K | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0578% | 4h | 0.07509 | −0.053% | $225K | $792K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0106% | 4h | 0.07519 | +0.080% | $1.0M | $71K | 30x | as long as short |
| Bitget LAUSDT | −0.0014% | 4h | 0.07500 | −0.173% | $2.1M | $383K | 25x | as long as short |
| BingX LA-USDTlong | +0.0008% | 4h | 0.07513 | long leg | — | $6.6M | — | |
| BloFin LA-USDT | +0.0068% | 4h | 0.07509 | −0.053% | $251K | $20K | 25x | as long as short |
| Aster LAUSDT | +0.0075% | 4h | 0.07507 | −0.080% | $52K | $24K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07512 | −0.013% | $4.8M | $8.3M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07516 | +0.040% | $2.5M | $2.1M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07508 | −0.067% | $1.4M | $2.4M | 20x | as long as short |
| MEXC LA_USDTshort | +0.0100% | 4h | 0.07504 | −0.120% | $385K | $133K | 50x |
Gate LA_USDT
KuCoin LAUSDTM
Bitget LAUSDT
BloFin LA-USDT
Aster LAUSDT
Binance LAUSDT
Bybit LAUSDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07535 | +0.297% | $142K | $426K | 10x | as long as short |
GRVT LA_USDT_Perp