Funding you earn now, next payment 04:00 UTC+0.0336%/8h= +36.8% APRnext payment +$0.42 per $10,000 · paid last 24h −0.269%
Price spread now: BingX against MEXC+0.634%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs+$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$680.678% of the position
Funding, last 7 days+1.416%+$142 on $10k
+Price spread, last 7 days−0.757%−$76 · spread now +0.634%, 7d avg +0.084%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.550% dearer against MEXC than usual: you sell high and buy low: +$55 more if the spread goes back to its 7-day average of +0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ONE_USDT | 0.004131 | −0.0352 | get 0.0044% / 1h | 18m 36s | $11.1M | $15.4M | 20x |
| Short | BingX ONE-USDT | 0.004157 | −0.0016 | pay 0.0002% / 1h | 18m 36s | — | $5.8M | — |
MEXC ONE_USDT
BingX ONE-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
- $70.56
- Price spread: +0.634% → +0.084%
- $55.01
- Slippage, 4 orders
- −$53.81
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $57.76
- Costs to cover
- 0.678%
- Break-even
- 1.3 days
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 2 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, 5 min ago | 0.12 bp | 14.6 bp −$15 | 75.9 bp −$759 | 253.1 bp −$25.3K | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.54 bp | 12.3 bp −$12 | 41.8 bp −$418 | 429.7 bp −$43.0K | 935.3 bp −$467.6K |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.2971% | 1h | 0.005184 | +25.489% | $6.1M | $242.6M | 10x | as long as short |
| Variational Omni ONE | −0.3185% | 1h | 0.004162 | +0.734% | $103K | $51K | — | as long as short |
| Aster ONEUSDT | −0.2113% | 1h | 0.004131 | +0.005% | $2.2M | $5.8M | 5x | as long as short |
| BloFin ONE-USDT | −0.1315% | 1h | 0.004154 | +0.554% | $812K | $2.5M | 50x | as long as short |
| KuCoin ONEUSDTM | −0.1184% | 1h | 0.004348 | +5.248% | $4.2M | $12.5M | 30x | as long as short |
| Gate ONE_USDT | −0.1011% | 8h | 0.004121 | −0.247% | $1.8M | $15.5M | 20x | as long as short |
| Bitget ONEUSDT | −0.0824% | 1h | 0.004157 | +0.634% | $1.9M | $32.3M | 20x | as long as short |
| Binance ONEUSDT | −0.0388% | 1h | 0.004130 | −0.027% | $14.4M | $335.8M | 50x | as long as short |
| MEXC ONE_USDTlong | −0.0352% | 1h | 0.004131 | long leg | $11.1M | $15.4M | 20x | |
| BingX ONE-USDTshort | −0.0016% | 1h | 0.004157 | +0.634% | — | $5.8M | — |
OKX ONE-USDT-SWAP
Variational Omni ONE
Aster ONEUSDT
BloFin ONE-USDT
KuCoin ONEUSDTM
Gate ONE_USDT
Bitget ONEUSDT
Binance ONEUSDT