Funding you earn now, next payment 04:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.42 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against MEXC+0.154%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now +0.154%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.123% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.031%. Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHFI_USDT | 0.7163 | 0.0016 | pay 0.0008% / 4h | 3h 55m | $15.3M | $3.8M | 125x |
| Short | BingX ETHFI-USDT | 0.7174 | 0.0100 | get 0.0050% / 4h | 3h 55m | — | $26.1M | — |
MEXC ETHFI_USDT
BingX ETHFI-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
- $17.64
- Price spread: +0.154% → +0.031%
- $12.25
- Slippage, 4 orders
- −$12.94
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $2.95
- Costs to cover
- 0.269%
- Break-even
- 5.8 days
Slippage from MEXC: live order book, 3 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, 3 min ago | 1.40 bp | 3.8 bp −$4 | 12.7 bp −$127 | 63.2 bp −$6,320 | 178.4 bp −$89.2K |
| Sell BingX live order book, 3 min ago | 2.10 bp | 7.8 bp −$8 | 12.7 bp −$127 | 25.3 bp −$2,533 | 59.9 bp −$30.0K |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0787% | 4h | 0.7137 | −0.363% | $83K | $166K | 20x | as long as short |
| Bybit ETHFIUSDT | −0.0609% | 4h | 0.7157 | −0.084% | $18.1M | $13.2M | 25x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0194% | 4h | 0.7169 | +0.084% | $16K | $1K | 10x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0168% | 1h | 0.7176 | +0.181% | $41K | $13K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0047% | 8h | 0.7153 | −0.138% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | −0.0003% | 4h | 0.7158 | −0.076% | $1.0M | $746K | — | as long as short |
| Extended ETHFI-USD | +0.0016% | 1h | 0.7179 | +0.226% | $93K | $487K | 10x | as long as short |
| MEXC ETHFI_USDTlong | +0.0016% | 4h | 0.7163 | long leg | $15.3M | $3.8M | 125x | |
| Binance ETHFIUSDT | +0.0018% | 4h | 0.7157 | −0.082% | $24.9M | $37.4M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.075% | $321 | $51K | 5.5x | as long as short |
HTX ETHFI-USDT
Bybit ETHFIUSDT
Orderly PERP_ETHFI_USDC
Deribit ETHFI_USDC-PERPETUAL
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Extended ETHFI-USD
Binance ETHFIUSDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ETHFI-USDT | +0.0071% | 4h | 0.7140 | −0.321% | $1.2M | $280K | 75x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7172 | +0.122% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7167 | +0.052% | $1.1M | $894K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7172 | +0.124% | $18.0M | $9.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7177 | +0.196% | $183K | $259K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7160 | −0.042% | $5.0M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7176 | +0.181% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7171 | +0.112% | $1.2M | $269K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7156 | −0.098% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDTshort | +0.0100% | 4h | 0.7174 | +0.154% | — | $26.1M | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7163 | +0.004% | $59K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7181 | +0.251% | $2K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7237 | +1.033% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0220% | 1h | 0.7183 | +0.285% | $276K | $162K | 20x | as long as short |
BloFin ETHFI-USDT
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD