Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against MEXC+0.293%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1761.757% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 7 days−0.288%−$29 · spread now +0.293%, 7d avg +0.089%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.205% dearer against MEXC than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC US_USDT | 0.01602 | 0.0260 | pay 0.0130% / 4h | 17m 57s | $5.4M | $116K | 100x |
| Short | BingX US-USDT | 0.01607 | 0.0262 | get 0.0131% / 4h | 17m 57s | — | $1.3M | — |
MEXC US_USDT
BingX US-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
- $0.42
- Price spread: +0.293% → +0.089%
- $20.48
- Slippage, 4 orders
- −$161.7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$154.8
- Costs to cover
- 1.757%
- Break-even
- 2587.0 days
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 3 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 | 4.09 bp | 36.8 bp −$37 | 58.3 bp −$583 | 560.7 bp −$56.1K | doesn't fit |
| Sell BingX live order book, 3 min ago | 10.08 bp | 48.3 bp −$48 | 123.1 bp −$1,231 | 555.4 bp −$55.5K | 957.5 bp −$478.8K |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.1244% | 4h | 0.01590 | −0.768% | $3.8M | $488K | 20x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01607 | +0.281% | $3.2M | $983K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01600 | −0.144% | $2.0M | $651K | 20x | as long as short |
| Bitget USUSDT | +0.0100% | 4h | 0.01604 | +0.106% | $4.2M | $276K | 10x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01591 | −0.729% | $16K | $4K | — | as long as short |
| Aster USUSDT | +0.0112% | 4h | 0.01597 | −0.318% | $14K | $54K | 5x | as long as short |
| BloFin US-USDT | +0.0224% | 4h | 0.01585 | −1.105% | $465K | $47K | 10x | as long as short |
| MEXC US_USDTlong | +0.0260% | 4h | 0.01602 | long leg | $5.4M | $116K | 100x | |
| BingX US-USDTshort | +0.0262% | 4h | 0.01607 | +0.293% | — | $1.3M | — | |
| Binance USUSDT | +0.0270% | 4h | 0.01603 | +0.021% | $8.9M | $3.5M | 10x | as long as short |
KuCoin USUSDTM
Bybit USUSDT
Gate US_USDT
Bitget USUSDT
Variational Omni US
Aster USUSDT
BloFin US-USDT
Binance USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended US-USD | +0.0272% | 1h | 0.01603 | +0.032% | $2K | $203K | 5x | as long as short |
Extended US-USD