Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.051%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.051%, 7d avg −0.044%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC W_USDT | 0.01177 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $12.8M | $1.5M | 50x |
| Short | BingX W-USDT | 0.01177 | 0.0100 | get 0.0050% / 4h | 1h 07m | — | $6.9M | — |
MEXC W_USDT
BingX W-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: −0.051% → −0.044%
- −$0.71
- Slippage, 4 orders
- −$46.09
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$60.8
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; BingX: live order book, 10 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, 6 min ago | 2.12 bp | 8.6 bp −$9 | 54.7 bp −$547 | 92.4 bp −$9,240 | 181.5 bp −$90.7K |
| Sell BingX live order book, 10 min ago | 2.98 bp | 22.0 bp −$22 | 55.9 bp −$559 | 573.0 bp −$57.3K | 1122.6 bp −$561.3K |
W on 17 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 W-USDT-SWAP | −0.0101% | 4h | 0.01176 | −0.068% | $1.3M | $2.0M | 20x | as long as short |
| Deribit W_USDC-PERPETUAL | 0.0000% | 1h | 0.01178 | +0.051% | $17K | $1K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.701% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01178 | +0.068% | $2.0M | $425K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01177 | +0.017% | $3.0M | $6.9M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01175 | −0.161% | $4.1M | $1.9M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01175 | −0.153% | $443K | $294K | 75x | as long as short |
| MEXC W_USDTlong | +0.0100% | 4h | 0.01177 | long leg | $12.8M | $1.5M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01178 | +0.068% | $461K | $218K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01178 | +0.068% | $1.3M | $572K | 50x | as long as short |
OKX W-USDT-SWAP
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDTshort | +0.0100% | 4h | 0.01177 | −0.051% | — | $6.9M | — | |
| Variational Omni W | +0.0100% | 4h | 0.01175 | −0.188% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01176 | −0.076% | $129K | $385K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01177 | −0.023% | $59K | $276K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0240% | 1h | 0.01181 | +0.297% | $14K | $17K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0377% | 1h | 0.01178 | +0.068% | $44K | $47K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.0397% | 1h | 0.01180 | +0.247% | $146K | $182K | 20x | as long as short |
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD