Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against BingX+0.009%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1061.064% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 7 days−0.003%$0 · spread now +0.009%, 7d avg −0.053%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.061% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PUNDIX-USDT | 0.1174 | 0.0070 | pay 0.0035% / 4h | 2h 16m | — | $1.2M | — |
| Short | MEXC PUNDIX_USDT | 0.1174 | 0.0100 | get 0.0050% / 4h | 2h 16m | $2.4M | $105K | 50x |
BingX PUNDIX-USDT
MEXC PUNDIX_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: +0.009% → −0.053%
- $6.11
- Slippage, 4 orders
- −$92.42
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$94
- Costs to cover
- 1.064%
- Break-even
- 111.4 days
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 5 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, 8 min ago | 3.81 bp | 31.1 bp −$31 | 126.9 bp −$1,269 | 627.3 bp −$62.7K | 1079.9 bp −$540.0K |
| Sell MEXC live order book, 5 min ago | 2.97 bp | 16.4 bp −$16 | 65.7 bp −$657 | 118.9 bp −$11.9K | doesn't fit |
PUNDIX on 7 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 PUNDIX-USDTlong | +0.0070% | 4h | 0.1174 | long leg | — | $1.2M | — | |
| Binance PUNDIXUSDT | +0.0100% | 4h | 0.1174 | +0.043% | $1.4M | $1.8M | 50x | as long as short |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1174 | +0.017% | $758K | $441K | 20x | as long as short |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1172 | −0.170% | $37K | $8K | 20x | as long as short |
| MEXC PUNDIX_USDTshort | +0.0100% | 4h | 0.1174 | +0.009% | $2.4M | $105K | 50x | |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1174 | +0.017% | $236K | $240K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1181 | +0.586% | $2K | $56K | — | as long as short |
Binance PUNDIXUSDT
Bybit PUNDIXUSDT
Gate PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX