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

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0596%/8h= +65.3% APRnext payment +$2.98 per $10,000 · paid last 24h +0.036%
Price spread now: BingX against MEXC+0.044%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1201.204% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 7 days−0.106%−$11 · spread now +0.044%, 7d avg 0.000%
Together, before fees−0.052%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and BingX is 0.044% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of 0.000%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.98 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 BB_USDT0.0091450.0100pay 0.0050% / 4h1h 32m$1.4M$571K100x
ShortBingX BB-USDT0.0091490.0696get 0.0348% / 4h1h 32m$1.3M

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
$125.16
Price spread: +0.044% → 0.000%
$4.37
Slippage, 4 orders
−$106.42
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
$9.11
Costs to cover
1.204%
Break-even
6.5 days
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 13 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, 3 min ago4.38 bp22.2 bp −$2276.9 bp −$769215.5 bp −$21.6K541.4 bp −$270.7K
Sell BingX live order book, 13 min ago8.25 bp40.2 bp −$40115.9 bp −$1,159528.3 bp −$52.8Kdoesn't fit

BB on 9 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
Aster BBUSDT+0.0100%4h0.009141−0.048%$12K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.009143−0.022%$3.3M$6.9M50xas long as short
Gate BB_USDT+0.0100%4h0.009130−0.164%$133K$220K50xas long as short
MEXC BB_USDTlong+0.0100%4h0.009145long leg$1.4M$571K100x
KuCoin BBUSDTM+0.0100%4h0.009150+0.055%$449K$90K50xas long as short
Bitget BBUSDT+0.0100%4h0.009140−0.055%$328K$480K50xas long as short
Bybit BBUSDT+0.0641%4h0.009155+0.109%$692K$802K25xas long as short
BingX BB-USDTshort+0.0696%4h0.009149+0.044%$1.3M
Kraken Futures PF_BBUSD+0.1959%1h0.009151+0.066%$22K$3K10xas long as short