Funding you earn now, next payment 12:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.014%
Price spread now: MEXC against BingX+0.067%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1031.031% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 7 days−0.071%−$7 · spread now +0.067%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.081% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BULLA-USDT | 0.1042 | 0.0720 | pay 0.0360% / 4h | 3h 27m | — | $6.6M | — |
| Short | MEXC BULLA_USDT | 0.1042 | 0.0758 | get 0.0379% / 4h | 3h 27m | $7.6M | $439K | 20x |
BingX BULLA-USDT
MEXC BULLA_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
- $7.98
- Price spread: +0.067% → −0.013%
- $8.06
- Slippage, 4 orders
- −$89.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$87.03
- Costs to cover
- 1.031%
- Break-even
- 83.3 days
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 5 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, 8 min ago | 1.92 bp | 32.9 bp −$33 | 290.2 bp −$2,902 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.41 bp | 19.8 bp −$20 | 59.3 bp −$593 | 558.8 bp −$55.9K | doesn't fit |
BULLA on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BULLAUSDT | +0.0100% | 4h | 0.1039 | −0.262% | $5.7M | $964K | 5x | as long as short |
| Gate BULLA_USDT | +0.0100% | 4h | 0.1044 | +0.198% | $1.3M | $384K | 10x | as long as short |
| BingX BULLA-USDTlong | +0.0720% | 4h | 0.1042 | long leg | — | $6.6M | — | |
| MEXC BULLA_USDTshort | +0.0758% | 4h | 0.1042 | +0.067% | $7.6M | $439K | 20x | |
| Binance BULLAUSDT | +0.0765% | 4h | 0.1041 | −0.010% | $11.5M | $9.6M | 10x | as long as short |
Aster BULLAUSDT
Gate BULLA_USDT
Binance BULLAUSDT