Funding you earn now, next payment 12:00 UTC−0.0238%/8h= −26.1% APRnext payment −$1.19 per $10,000 · paid last 24h −0.065%
Price spread now: MEXC against BingX+0.039%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1381.375% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.245%+$24 · spread now +0.039%, 7d avg +0.060%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.021% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.060%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.19 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 B2-USDT | 0.5073 | 0.0338 | pay 0.0169% / 4h | 3h 48m | — | $1.4M | — |
| Short | MEXC B2_USDT | 0.5075 | 0.0100 | get 0.0050% / 4h | 3h 48m | $544K | $318K | 100x |
BingX B2-USDT
MEXC B2_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
- −$49.98
- Price spread: +0.039% → +0.060%
- −$2.09
- Slippage, 4 orders
- −$119.54
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$189.61
- Costs to cover
- 1.375%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; MEXC: live order book, 42 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, 12 min ago | 0.98 bp | 32.9 bp −$33 | 125.3 bp −$1,253 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 2.96 bp | 21.7 bp −$22 | 102.1 bp −$1,021 | 231.1 bp −$23.1K | doesn't fit |
B2 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance B2USDT | +0.0100% | 4h | 0.5075 | +0.039% | $8.3M | $9.3M | 50x | as long as short |
| Bybit B2USDT | +0.0100% | 4h | 0.5072 | −0.020% | $1.6M | $1.9M | 20x | as long as short |
| MEXC B2_USDTshort | +0.0100% | 4h | 0.5075 | +0.039% | $544K | $318K | 100x | |
| Aster B2USDT | +0.0228% | 4h | 0.5070 | −0.054% | $158K | $161K | 5x | as long as short |
| Bitget B2USDT | +0.0312% | 4h | 0.5070 | −0.059% | $2.8M | $735K | 50x | as long as short |
| BingX B2-USDTlong | +0.0338% | 4h | 0.5073 | long leg | — | $1.4M | — | |
| KuCoin B2USDTM | +0.0506% | 4h | 0.5076 | +0.059% | $1.0M | $295K | 50x | as long as short |
| Variational Omni B2 | +0.0658% | 4h | 0.5057 | −0.312% | $14K | $2K | — | as long as short |
| Gate B2_USDT | +0.0828% | 4h | 0.5076 | +0.059% | $919K | $382K | 20x | as long as short |
Binance B2USDT
Bybit B2USDT
Aster B2USDT
Bitget B2USDT
KuCoin B2USDTM
Variational Omni B2
Gate B2_USDT