Funding you earn now, next payment 12:00 UTC+0.0162%/8h= +17.7% APRnext payment +$0.81 per $10,000 · paid last 24h +0.038%
Price spread now: MEXC against BingX0.000%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$730.726% of the position
Funding, last 7 days+0.426%+$43 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now 0.000%, 7d avg −0.042%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.042% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CP-USDT | 0.01409 | 0.0070 | pay 0.0035% / 4h | 2h 55m | — | $1.0M | — |
| Short | MEXC CP_USDT | 0.01409 | 0.0232 | get 0.0116% / 4h | 2h 55m | $1.5M | $407K | 20x |
BingX CP-USDT
MEXC CP_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
- $34.02
- Price spread: 0.000% → −0.042%
- $4.2
- Slippage, 4 orders
- −$58.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$34.41
- Costs to cover
- 0.726%
- Break-even
- 14.1 days
Slippage from BingX: live order book, 9 min ago; MEXC: live order book, 6 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, 9 min ago | 10.63 bp | 28.5 bp −$28 | 94.7 bp −$947 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 3.54 bp | 11.1 bp −$11 | 48.7 bp −$487 | 370.7 bp −$37.1K | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDTlong | +0.0070% | 4h | 0.01409 | long leg | — | $1.0M | — | |
| Gate CP_USDT | +0.0100% | 4h | 0.01412 | +0.213% | $588K | $533K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01412 | +0.213% | $205K | $953K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01410 | +0.071% | $795K | $1.7M | 20x | as long as short |
| BloFin CP-USDT | +0.0161% | 4h | 0.01411 | +0.142% | $429 | $46K | 20x | as long as short |
| MEXC CP_USDTshort | +0.0232% | 4h | 0.01409 | 0.000% | $1.5M | $407K | 20x | |
| OKX CP-USDT-SWAP | +0.0233% | 4h | 0.01409 | 0.000% | $3.9M | $11.6M | 20x | as long as short |
| Bybit CPUSDT | +0.1659% | 4h | 0.01411 | +0.142% | $1.6M | $3.2M | 20x | as long as short |
Gate CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT
BloFin CP-USDT
OKX CP-USDT-SWAP
Bybit CPUSDT