Settings8H · net · $10k
Funding arb · Price arb /

ACT

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0442%/8h= +48.4% APRnext payment +$2.21 per $10,000 · paid last 24h +0.035%
Price spread now: BingX against MEXC+0.071%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1071.069% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$3 on $10k
Price spread, last 7 days−0.105%−$11 · spread now +0.071%, 7d avg +0.013%
Together, before fees−0.071%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BingX is 0.058% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.013%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ACT_USDT0.011190.0100pay 0.0050% / 4h3h 47m$6.5M$114K20x
ShortBingX ACT-USDT0.011200.0542get 0.0271% / 4h3h 47m$1.2M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$92.74
Price spread: +0.071% → +0.013%
$5.82
Slippage, 4 orders
−$92.88
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$8.32
Costs to cover
1.069%
Break-even
7.6 days
Slippage from MEXC: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago4.47 bp36.3 bp −$3670.6 bp −$706144.3 bp −$14.4K370.3 bp −$185.2K
Sell BingX live order book, 10 min ago4.91 bp23.4 bp −$23125.5 bp −$1,255682.9 bp −$68.3K1033.5 bp −$516.7K

ACT on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ACTUSDT+0.0100%4h0.01119−0.018%$2.2M$2.4M10xas long as short
OKX ACT-USDT-SWAP+0.0100%4h0.01121+0.125%$809K$1.5M10xas long as short
Gate ACT_USDT+0.0100%4h0.01119−0.018%$145K$108K25xas long as short
MEXC ACT_USDTlong+0.0100%4h0.01119long leg$6.5M$114K20x
Bitget ACTUSDT+0.0100%4h0.01120+0.071%$270K$76K10xas long as short
BingX ACT-USDTshort+0.0542%4h0.01120+0.071%$1.2M
Bybit ACTUSDT+0.0620%4h0.01121+0.152%$672K$461K25xas long as short