Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.265%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1201.197% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days+0.213%+$21 · spread now −0.265%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.244% cheaper against BingX than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NIL-USDT | 0.07538 | 0.0100 | pay 0.0050% / 4h | 3h 35m | — | $8.1M | — |
| Short | MEXC NIL_USDT | 0.07518 | 0.0100 | get 0.0050% / 4h | 3h 35m | $2.5M | $3.0M | 100x |
BingX NIL-USDT
MEXC NIL_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
- $0
- Price spread: −0.265% → −0.022%
- −$24.36
- Slippage, 4 orders
- −$105.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$144.04
- Costs to cover
- 1.197%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 1 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, 2 min ago | 6.62 bp | 20.5 bp −$21 | 83.8 bp −$838 | 423.1 bp −$42.3K | 697.8 bp −$348.9K |
| Sell MEXC live order book, 1 min ago | 3.32 bp | 31.8 bp −$32 | 125.0 bp −$1,250 | 284.9 bp −$28.5K | 574.2 bp −$287.1K |
NIL 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0086% | 4h | 0.07553 | +0.199% | $374K | $79K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.07534 | −0.058% | $31K | $243K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07532 | −0.077% | $5.8M | $49.0M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07546 | +0.106% | $4.2M | $10.2M | 20x | as long as short |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.07518 | −0.265% | $2.5M | $3.0M | 100x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.07549 | +0.146% | $2.1M | $6.1M | 50x | as long as short |
| BingX NIL-USDTlong | +0.0100% | 4h | 0.07538 | long leg | — | $8.1M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.07527 | −0.143% | $184K | $249K | — | as long as short |
| KuCoin NILUSDTM | +0.0102% | 4h | 0.07550 | +0.159% | $630K | $575K | 30x | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07533 | −0.064% | $20K | $194K | 5x | as long as short |
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Bitget NILUSDT
Variational Omni NIL
KuCoin NILUSDTM
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NIL_USDT | +0.0124% | 4h | 0.07542 | +0.053% | $467K | $1.4M | 50x | as long as short |
| Hyperliquid NIL | +0.1763% | 1h | 0.07554 | +0.210% | $5.0M | $4.5M | 3x | as long as short |
Gate NIL_USDT
Hyperliquid NIL