Funding you earn now, next payment 08:00 UTC−0.0232%/8h= −25.4% APRnext payment −$1.16 per $10,000 · paid last 24h −0.026%
Price spread now: MEXC against BingX−0.234%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days+0.279%+$28 · spread now −0.234%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.222% cheaper against BingX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.16 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ACT-USDT | 0.01109 | 0.0332 | pay 0.0166% / 4h | 1h 31m | — | $1.2M | — |
| Short | MEXC ACT_USDT | 0.01107 | 0.0100 | get 0.0050% / 4h | 1h 31m | $6.5M | $113K | 20x |
BingX ACT-USDT
MEXC ACT_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
- −$48.72
- Price spread: −0.234% → −0.013%
- −$22.17
- Slippage, 4 orders
- −$71.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$156.7
- Costs to cover
- 0.858%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 1 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, 3 min ago | 4.04 bp | 22.5 bp −$23 | 188.8 bp −$1,888 | 645.1 bp −$64.5K | doesn't fit |
| Sell MEXC live order book, 1 min ago | 4.52 bp | 16.3 bp −$16 | 54.4 bp −$544 | 123.7 bp −$12.4K | 349.5 bp −$174.7K |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01108 | −0.144% | $2.1M | $2.4M | 10x | as long as short |
| MEXC ACT_USDTshort | +0.0100% | 4h | 0.01107 | −0.234% | $6.5M | $113K | 20x | |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01108 | −0.126% | $267K | $85K | 10x | as long as short |
| Bybit ACTUSDT | +0.0252% | 4h | 0.01110 | +0.036% | $638K | $468K | 25x | as long as short |
| OKX ACT-USDT-SWAP | +0.0259% | 4h | 0.01108 | −0.144% | $792K | $1.5M | 10x | as long as short |
| Gate ACT_USDT | +0.0278% | 4h | 0.01108 | −0.126% | $144K | $108K | 25x | as long as short |
| BingX ACT-USDTlong | +0.0332% | 4h | 0.01109 | long leg | — | $1.2M | — |
Binance ACTUSDT
Bitget ACTUSDT
Bybit ACTUSDT
OKX ACT-USDT-SWAP
Gate ACT_USDT