Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.010%
Price spread now: MEXC against BingX−0.043%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1591.588% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now −0.043%, 7d avg −0.091%
=The price spread pays, funding is against you. MEXC is 0.049% dearer against BingX than usual: you sell high and buy low (spread −0.043% now, against its 7-day average of −0.091%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX US-USDT | 0.01644 | 0.0658 | pay 0.0329% / 4h | 1h 58m | — | $1.3M | — |
| Short | MEXC US_USDT | 0.01643 | 0.0630 | get 0.0315% / 4h | 1h 58m | $5.5M | $111K | 100x |
BingX US-USDT
MEXC US_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
- −$5.88
- Price spread: −0.043% → −0.091%
- $4.85
- Slippage, 4 orders
- −$144.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$159.83
- Costs to cover
- 1.588%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 4 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 | 8.54 bp | 72.7 bp −$73 | 249.2 bp −$2,492 | 1064.4 bp −$106.4K | 1406.3 bp −$703.2K |
| Sell MEXC live order book, 4 min ago | 0.91 bp | 11.6 bp −$12 | 66.0 bp −$660 | 491.7 bp −$49.2K | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01642 | −0.079% | $3.2M | $909K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01640 | −0.201% | $2.1M | $585K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01640 | −0.219% | $4.1M | $289K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01641 | −0.170% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0526% | 4h | 0.01646 | +0.140% | $4.3M | $261K | 10x | as long as short |
| Aster USUSDT | +0.0605% | 4h | 0.01640 | −0.184% | $12K | $53K | 5x | as long as short |
| Extended US-USD | +0.0616% | 1h | 0.01642 | −0.073% | $5K | $99K | 5x | as long as short |
| Binance USUSDT | +0.0617% | 4h | 0.01643 | −0.049% | $9.2M | $3.3M | 10x | as long as short |
| MEXC US_USDTshort | +0.0630% | 4h | 0.01643 | −0.043% | $5.5M | $111K | 100x | |
| BingX US-USDTlong | +0.0658% | 4h | 0.01644 | long leg | — | $1.3M | — |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Bitget USUSDT
Aster USUSDT
Extended US-USD
Binance USUSDT