Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX−0.022%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1081.082% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.022%, 7d avg −0.027%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEW-USDT | 0.0004644 | 0.0100 | pay 0.0050% / 4h | 2h 16m | — | $24.2M | — |
| Short | OKX MEW-USDT-SWAP | 0.0004643 | 0.0100 | get 0.0050% / 4h | 2h 16m | $524K | $751K | 20x |
BingX MEW-USDT
OKX MEW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.022% → −0.027%
- $0.53
- Slippage, 4 orders
- −$88.22
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$107.69
- Costs to cover
- 1.082%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; OKX: 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, 7 min ago | 6.46 bp | 22.2 bp −$22 | 63.1 bp −$631 | 695.3 bp −$69.5K | 962.4 bp −$481.2K |
| Sell OKX live order book, 50 min ago | 3.19 bp | 29.5 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
MEW on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004640 | −0.086% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −9.152% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004648 | +0.086% | $1.2M | $2.9M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004645 | +0.022% | $1.4M | $1.2M | 25x | as long as short |
| OKX MEW-USDT-SWAPshort | +0.0100% | 4h | 0.0004643 | −0.022% | $524K | $751K | 20x | |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004643 | −0.022% | $136K | $120K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004646 | +0.043% | $386K | $179K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004644 | 0.000% | $336K | $116K | 30x | as long as short |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004647 | +0.065% | $499K | $379K | 50x | as long as short |
| BingX MEW-USDTlong | +0.0100% | 4h | 0.0004644 | long leg | — | $24.2M | — |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
Gate MEW_USDT
MEXC MEW_USDT
KuCoin MEWUSDTM
Bitget MEWUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004644 | +0.003% | $81K | $32K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0815% | 1h | 0.0004649 | +0.099% | $91K | $106K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD