Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.060%
Price spread now: MEXC against BingX−0.004%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$730.732% of the position
Funding, last 7 days+0.680%+$68 on $10k
+Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.004%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.034% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LONGXIA-USDT | 0.2513 | 0.0070 | pay 0.0035% / 4h | 2h 03m | — | $2.2M | — |
| Short | MEXC LONGXIA_USDT | 0.2513 | 0.0100 | get 0.0050% / 4h | 2h 03m | $2.0M | $1.5M | 50x |
BingX LONGXIA-USDT
MEXC LONGXIA_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
- $6.3
- Price spread: −0.004% → −0.038%
- $3.44
- Slippage, 4 orders
- −$59.2
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$63.45
- Costs to cover
- 0.732%
- Break-even
- 77.5 days
Slippage from BingX: live order book, 14 min ago; MEXC: 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 BingX live order book, 14 min ago | 3.57 bp | 20.4 bp −$20 | 91.5 bp −$915 | 649.5 bp −$65.0K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.80 bp | 19.6 bp −$20 | 57.9 bp −$579 | 265.2 bp −$26.5K | 776.0 bp −$388.0K |
LONGXIA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LONGXIA-USDTlong | +0.0070% | 4h | 0.2513 | long leg | — | $2.2M | — | |
| Bybit LONGXIAUSDT | +0.0100% | 4h | 0.2510 | −0.111% | $781K | $7.3M | 10x | as long as short |
| MEXC LONGXIA_USDTshort | +0.0100% | 4h | 0.2513 | −0.004% | $2.0M | $1.5M | 50x | |
| KuCoin LONGXIAUSDTM | +0.0848% | 4h | 0.2509 | −0.141% | $40.8M | $3.9M | 10x | as long as short |
Bybit LONGXIAUSDT
KuCoin LONGXIAUSDTM