Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.053%
Price spread now: BingX against MEXC−0.045%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$590.587% of the position
Funding, last 7 days+0.595%+$59 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.045%, 7d avg +0.003%
=Funding pays, the price is against you. BingX is 0.049% cheaper against MEXC than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.003%). If the spread goes back, that is −$5 on $10k: about 4.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.595% in total) that is about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EGLD_USDT | 4.4170 | 0.0100 | pay 0.0100% / 8h | 5h 53m | $4.2M | $3.5M | 125x |
| Short | BingX EGLD-USDT | 4.4150 | 0.0135 | get 0.0135% / 8h | 5h 53m | — | $2.9M | — |
MEXC EGLD_USDT
BingX EGLD-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
- $7.35
- Price spread: −0.045% → +0.003%
- −$4.88
- Slippage, 4 orders
- −$44.69
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$56.22
- Costs to cover
- 0.587%
- Break-even
- 60.5 days
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 12 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 | 1.13 bp | 4.4 bp −$4 | 15.5 bp −$155 | 93.6 bp −$9,363 | 144.1 bp −$72.0K |
| Sell BingX live order book, 12 min ago | 6.81 bp | 27.6 bp −$28 | 55.5 bp −$555 | 257.5 bp −$25.8K | 827.6 bp −$413.8K |
EGLD on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.0120% | 1h | 4.4215 | +0.103% | $440K | $701K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −17.138% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.4170 | 0.000% | $4.8M | $27.4M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.4160 | −0.023% | $2.7M | $8.8M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.4150 | −0.045% | $469K | $704K | 30x | as long as short |
| MEXC EGLD_USDTlong | +0.0100% | 8h | 4.4170 | long leg | $4.2M | $3.5M | 125x | |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.4220 | +0.113% | $2.8M | $1.4M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.4200 | +0.068% | $2.3M | $4.3M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.4468 | +0.674% | $17K | $54K | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0131% | 8h | 4.4180 | +0.023% | $640K | $5.3M | 20x | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
Gate EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
OKX EGLD-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDTshort | +0.0135% | 8h | 4.4150 | −0.045% | — | $2.9M | — |