Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC+0.195%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 7 days−0.138%−$14 · spread now +0.195%, 7d avg +0.069%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.126% dearer against MEXC than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USUAL_USDT | 0.01386 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $6.1M | $261K | 100x |
| Short | BingX USUAL-USDT | 0.01389 | 0.0100 | get 0.0050% / 4h | 1h 48m | — | $1.2M | — |
MEXC USUAL_USDT
BingX USUAL-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
- Price spread: +0.195% → +0.069%
- $12.57
- Slippage, 4 orders
- −$55.01
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$56.44
- Costs to cover
- 0.690%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 11 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, 4 min ago | 4.68 bp | 9.4 bp −$9 | 103.4 bp −$1,034 | 771.1 bp −$77.1K | doesn't fit |
| Sell BingX live order book, 11 min ago | 5.37 bp | 24.4 bp −$24 | 120.0 bp −$1,200 | 515.9 bp −$51.6K | 806.2 bp −$403.1K |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.5000% | 1h | 0.01384 | −0.144% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01387 | +0.072% | $394K | $187K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01387 | +0.063% | $2.2M | $3.2M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01388 | +0.130% | $1.0M | $786K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01389 | +0.216% | $940K | $107K | 50x | as long as short |
| MEXC USUAL_USDTlong | +0.0100% | 4h | 0.01386 | long leg | $6.1M | $261K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01389 | +0.216% | $266K | $65K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01386 | 0.000% | $802K | $405K | 50x | as long as short |
| BingX USUAL-USDTshort | +0.0100% | 4h | 0.01389 | +0.195% | — | $1.2M | — | |
| Variational Omni USUAL | +0.0100% | 4h | 0.01392 | +0.445% | $10K | $1K | — | as long as short |
Injective USUAL/USDC PERP
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
Variational Omni USUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_USUALUSD | +0.0140% | 1h | 0.01386 | +0.003% | $110K | $19K | 10x | as long as short |
Kraken Futures PF_USUALUSD