Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against MEXC+0.071%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.071%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.047% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FIL_USDC | 0.9871 | 0.0063 | pay 0.0063% / 8h | 7h 26m | $244K | $105K | 50x |
| Short | BingX FIL-USDC | 0.9878 | 0.0100 | get 0.0100% / 8h | 7h 26m | — | $6.5M | — |
MEXC FIL_USDC
BingX FIL-USDCFunding 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
- $7.77
- Price spread: +0.071% → +0.023%
- $4.75
- Slippage, 4 orders
- −$30.58
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$28.07
- Costs to cover
- 0.406%
- Break-even
- 32.3 days
Slippage from MEXC: live order book, 28 min ago; BingX: live order book, 9 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, 28 min ago | 1.02 bp | 2.0 bp −$2 | 9.3 bp −$93 | 66.5 bp −$6,650 | doesn't fit |
| Sell BingX live order book, 9 min ago | 1.01 bp | 15.2 bp −$15 | 29.5 bp −$295 | 169.9 bp −$17.0K | 620.7 bp −$310.3K |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0560% | 1h | 0.9871 | 0.000% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0332% | 1h | 0.9870 | −0.012% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9875 | +0.041% | $316K | $1.8M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0043% | 8h | 0.9883 | +0.122% | $18.0M | $97.6M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0040% | 8h | 0.9871 | 0.000% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9886 | +0.152% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9869 | −0.016% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0029% | 8h | 0.9880 | +0.091% | $56.9M | $177.5M | 75x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9866 | −0.054% | $691K | $3.6M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.162% | $2K | $240K | 12x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Extended FIL-USD
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDClong | +0.0063% | 8h | 0.9871 | long leg | $244K | $105K | 50x | |
| Bitget FILUSDT | +0.0067% | 8h | 0.9883 | +0.122% | $10.9M | $21.3M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9862 | −0.087% | $159K | $346K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9880 | +0.096% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9873 | +0.018% | $503K | $553K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9882 | +0.111% | $15.4M | $18.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9880 | +0.091% | $8.2M | $16.1M | 50x | as long as short |
| BingX FIL-USDCshort | +0.0100% | 8h | 0.9878 | +0.071% | — | $6.5M | — | |
| Variational Omni FIL | +0.0100% | 8h | 0.9880 | +0.090% | $445K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9857 | −0.143% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9863 | −0.086% | $291K | $812K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | −0.010% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9891 | +0.205% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | −0.111% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9864 | −0.071% | $487 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9876 | +0.051% | $629K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9870 | −0.010% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0115% | 8h | 0.9868 | −0.030% | $2.6M | $583K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0539% / S −0.0538% | 1h | 0.9885 | +0.139% | $196K | — | 100x | as long as short |
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]