Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.252%
Price spread now: MEXC against BingX−0.074%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
Funding, last 7 days−0.305%−$30 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.074%, 7d avg −0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.031% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ON-USDT | 0.1360 | 0.0100 | pay 0.0050% / 4h | 2h 00m | — | $6.6M | — |
| Short | MEXC ON_USDT | 0.1359 | 0.0100 | get 0.0050% / 4h | 2h 00m | $1.1M | $415K | 50x |
Funding 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: −0.074% → −0.042%
- −$3.13
- Slippage, 4 orders
- −$91.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$112.47
- Costs to cover
- 1.093%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, just now.
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 | 7.38 bp | 25.6 bp −$26 | 87.1 bp −$871 | doesn't fit | doesn't fit |
| Sell MEXC live order book, just now | 3.67 bp | 25.8 bp −$26 | 110.7 bp −$1,107 | 343.0 bp −$34.3K | 794.6 bp −$397.3K |
ON on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ONUSDT | +0.0100% | 4h | 0.1361 | +0.039% | $5.9M | $3.8M | 50x | as long as short |
| Gate ON_USDT | +0.0100% | 4h | 0.1357 | −0.221% | $303K | $34K | 5x | as long as short |
| MEXC ON_USDTshort | +0.0100% | 4h | 0.1359 | −0.074% | $1.1M | $415K | 50x | |
| KuCoin ONUSDTM | +0.0100% | 4h | 0.1355 | −0.382% | $743K | $72K | 50x | as long as short |
| BingX ON-USDTlong | +0.0100% | 4h | 0.1360 | long leg | — | $6.6M | — | |
| Variational Omni ON | +0.0100% | 4h | 0.1355 | −0.335% | $24K | $7K | — | as long as short |
| edgeX ONUSDC | +0.0102% | 4h | 0.1359 | −0.048% | $8K | $135K | 10x | as long as short |
| Aster ONUSDT | +0.0226% | 4h | 0.1357 | −0.221% | $441K | $32K | 5x | as long as short |
BingX ON-USDT
MEXC ON_USDT
Binance ONUSDT
Gate ON_USDT
KuCoin ONUSDTM
Variational Omni ON
edgeX ONUSDC
Aster ONUSDT