Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against MEXC−0.028%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now −0.028%, 7d avg +0.032%
=Funding pays, the price is against you. BingX is 0.060% cheaper against MEXC than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.032%). If the spread goes back, that is −$6 on $10k: about 5.0 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.077%, 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 | 0.7035 | 0.0060 | pay 0.0030% / 4h | 3h 26m | $15.9M | $4.1M | 125x |
| Short | BingX ETHFI-USDT | 0.7033 | 0.0100 | get 0.0050% / 4h | 3h 26m | — | $8.8M | — |
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
- $8.4
- Price spread: −0.028% → +0.032%
- −$6
- Slippage, 4 orders
- −$13.27
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$24.87
- Costs to cover
- 0.273%
- Break-even
- 27.7 days
Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 11 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, 2 min ago | 0.71 bp | 6.6 bp −$7 | 13.0 bp −$130 | 64.7 bp −$6,472 | 179.9 bp −$90.0K |
| Sell BingX live order book, 11 min ago | 1.42 bp | 8.6 bp −$9 | 12.5 bp −$125 | 31.8 bp −$3,180 | 95.1 bp −$47.6K |
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 | −0.0636% | 4h | 0.7053 | +0.256% | $82K | $194K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0460% | 1h | 0.7037 | +0.028% | $40K | $11K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0305% | 1h | 0.7041 | +0.079% | $260K | $213K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0243% | 4h | 0.7035 | 0.000% | $16K | $1K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.0071% | 4h | 0.7031 | −0.057% | $17.5M | $12.5M | 25x | as long as short |
| Variational Omni ETHFI | +0.0032% | 4h | 0.7059 | +0.345% | $985K | $703K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.914% | $321 | $51K | 5.5x | as long as short |
| MEXC ETHFI_USDTlong | +0.0060% | 4h | 0.7035 | long leg | $15.9M | $4.1M | 125x | |
| Binance ETHFIUSDT | +0.0061% | 4h | 0.7029 | −0.084% | $24.4M | $35.0M | 75x | as long as short |
| Extended ETHFI-USD | +0.0064% | 1h | 0.7028 | −0.093% | $96K | $374K | 10x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Bybit ETHFIUSDT
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Binance ETHFIUSDT
Extended ETHFI-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERP | +0.0090% | 8h | 0.7040 | +0.076% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7045 | +0.142% | $1.1M | $841K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7035 | 0.000% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7038 | +0.045% | $17.5M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7041 | +0.092% | $180K | $229K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7036 | +0.014% | $5.1M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7042 | +0.100% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7040 | +0.071% | $1.2M | $227K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7037 | +0.028% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDTshort | +0.0100% | 4h | 0.7033 | −0.028% | — | $8.8M | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7048 | +0.181% | $65K | $125K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7047 | +0.171% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0242% | 4h | 0.7034 | −0.014% | $1.2M | $242K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0544% | 1h | 0.7054 | +0.270% | $31K | $6K | 50x | as long as short |
Paradex ETHFI-USD-PERP
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX