Funding you earn now, next payment 00:00 UTC−0.0195%/8h= −21.3% APRnext payment −$0.97 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BingX−0.152%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1401.395% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 7 days+0.138%+$14 · spread now −0.152%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.146% cheaper against BingX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 4-USDT | 0.02235 | 0.0541 | pay 0.0270% / 4h | 2h 12m | — | $1.3M | — |
| Short | MEXC 4_USDT | 0.02232 | 0.0346 | get 0.0173% / 4h | 2h 12m | $2.1M | $813K | 100x |
BingX 4-USDT
MEXC 4_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
- −$40.91
- Price spread: −0.152% → −0.007%
- −$14.56
- Slippage, 4 orders
- −$125.54
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$195.01
- Costs to cover
- 1.395%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 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, 4 min ago | 30.32 bp | 55.2 bp −$55 | 206.0 bp −$2,060 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 4.46 bp | 17.1 bp −$17 | 104.2 bp −$1,042 | 240.5 bp −$24.0K | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02244 | +0.382% | $54K | $9K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02235 | −0.018% | $2K | $966K | 20x | as long as short |
| MEXC 4_USDTshort | +0.0346% | 4h | 0.02232 | −0.152% | $2.1M | $813K | 100x | |
| Binance 4USDT | +0.0346% | 4h | 0.02233 | −0.114% | $8.7M | $10.4M | 20x | as long as short |
| Aster 4USDT | +0.0428% | 4h | 0.02233 | −0.128% | $254K | $92K | 5x | as long as short |
| Gate 4_USDT | +0.0540% | 4h | 0.02236 | +0.036% | $610K | $230K | 20x | as long as short |
| BingX 4-USDTlong | +0.0541% | 4h | 0.02235 | long leg | — | $1.3M | — | |
| KuCoin 4USDTM | +0.0586% | 4h | 0.02233 | −0.107% | $926K | $13.2M | 20x | as long as short |
| Bybit 4USDT | +0.0628% | 4h | 0.02232 | −0.134% | $3.0M | $1.6M | 5x | as long as short |
Variational Omni 4
SunX 4-USDT
Binance 4USDT
Aster 4USDT
Gate 4_USDT
KuCoin 4USDTM
Bybit 4USDT