Funding you earn now, next payment 12:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.39 per $10,000 · paid last 24h −0.038%
Price spread now: BingX against MEXC+0.145%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days−0.426%−$43 on $10k
+Price spread, last 7 days−0.171%−$17 · spread now +0.145%, 7d avg +0.042%
=The price spread pays, funding is against you. BingX is 0.103% dearer against MEXC than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of +0.042%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 7 days (−0.426% in total) that is about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CP_USDT | 0.01380 | 0.0148 | pay 0.0074% / 4h | 1h 55m | $1.5M | $394K | 20x |
| Short | BingX CP-USDT | 0.01382 | 0.0070 | get 0.0035% / 4h | 1h 55m | — | $1.1M | — |
MEXC CP_USDT
BingX CP-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.38
- Price spread: +0.145% → +0.042%
- $10.29
- Slippage, 4 orders
- −$60.27
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$80.36
- Costs to cover
- 0.743%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 3 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 MEXC live order book, 4 min ago | 3.61 bp | 9.1 bp −$9 | 63.5 bp −$635 | 339.4 bp −$33.9K | doesn't fit |
| Sell BingX live order book, 3 min ago | 10.84 bp | 34.1 bp −$34 | 93.0 bp −$930 | 905.8 bp −$90.6K | doesn't fit |
CP on 8 exchanges
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-USDTshort | +0.0070% | 4h | 0.01382 | +0.145% | — | $1.1M | — | |
| Gate CP_USDT | +0.0100% | 4h | 0.01381 | +0.072% | $579K | $518K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01384 | +0.290% | $201K | $974K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01382 | +0.167% | $754K | $1.7M | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0142% | 4h | 0.01381 | +0.072% | $3.9M | $11.2M | 20x | as long as short |
| MEXC CP_USDTlong | +0.0148% | 4h | 0.01380 | long leg | $1.5M | $394K | 20x | |
| BloFin CP-USDT | +0.0149% | 4h | 0.01385 | +0.362% | $431 | $49K | 20x | as long as short |
| Bybit CPUSDT | +0.0203% | 4h | 0.01380 | 0.000% | $1.5M | $3.2M | 20x | as long as short |
Gate CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT
OKX CP-USDT-SWAP
BloFin CP-USDT
Bybit CPUSDT