Funding you earn now, next payment 00:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.76 per $10,000 · paid last 24h −0.014%
Price spread now: BingX against MEXC+0.229%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days−0.448%−$45 on $10k
+Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.229%, 7d avg +0.021%
=The price spread pays, funding is against you. BingX is 0.207% dearer against MEXC than usual: you sell high and buy low (spread +0.229% now, against its 7-day average of +0.021%): +$21 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LA_USDT | 0.07436 | −0.0052 | get 0.0026% / 4h | 1h 07m | $398K | $141K | 50x |
| Short | BingX LA-USDT | 0.07453 | −0.0204 | pay 0.0102% / 4h | 1h 07m | — | $6.6M | — |
MEXC LA_USDT
BingX LA-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
- −$31.92
- Price spread: +0.229% → +0.021%
- $20.71
- Slippage, 4 orders
- −$24.95
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$50.16
- Costs to cover
- 0.390%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 67 min ago; BingX: live order book, 9 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, 67 min ago | 0.67 bp | 8.1 bp −$8 | 29.1 bp −$291 | 346.5 bp −$34.6K | doesn't fit |
| Sell BingX live order book, 9 min ago | 2.02 bp | 11.6 bp −$12 | 22.1 bp −$221 | 542.1 bp −$54.2K | 1053.7 bp −$526.9K |
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 | −0.0328% | 4h | 0.07444 | +0.108% | $250K | $804K | 50x | as long as short |
| Bitget LAUSDT | −0.0204% | 4h | 0.07434 | −0.027% | $2.1M | $502K | 25x | as long as short |
| BingX LA-USDTshort | −0.0204% | 4h | 0.07453 | +0.229% | — | $6.6M | — | |
| Aster LAUSDT | −0.0085% | 4h | 0.07434 | −0.023% | $52K | $8K | 5x | as long as short |
| KuCoin LAUSDTM | −0.0068% | 4h | 0.07439 | +0.040% | $1.0M | $57K | 30x | as long as short |
| MEXC LA_USDTlong | −0.0052% | 4h | 0.07436 | long leg | $398K | $141K | 50x | |
| Binance LAUSDT | −0.0048% | 4h | 0.07446 | +0.131% | $4.7M | $8.4M | 25x | as long as short |
| BloFin LA-USDT | −0.0036% | 4h | 0.07436 | 0.000% | $248K | $19K | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0084% | 4h | 0.07454 | +0.242% | $1.3M | $2.8M | 20x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07455 | +0.256% | $2.4M | $2.3M | 25x | as long as short |
Gate LA_USDT
Bitget LAUSDT
Aster LAUSDT
KuCoin LAUSDTM
Binance LAUSDT
BloFin LA-USDT
OKX LA-USDT-SWAP
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07432 | −0.048% | $147K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp