Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against BingX−0.128%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$660.660% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.128%, 7d avg +0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.152% cheaper against BingX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMT-USDT | 0.008584 | 0.0100 | pay 0.0050% / 4h | 1h 55m | — | $1.3M | — |
| Short | MEXC GMT_USDT | 0.008573 | 0.0100 | get 0.0050% / 4h | 1h 55m | $424K | $209K | 20x |
BingX GMT-USDT
MEXC GMT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- $0
- Price spread: −0.128% → +0.024%
- −$15.19
- Slippage, 4 orders
- −$51.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$81.16
- Costs to cover
- 0.660%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 36 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 BingX live order book, 5 min ago | 5.23 bp | 22.9 bp −$23 | 98.1 bp −$981 | 466.8 bp −$46.7K | 748.2 bp −$374.1K |
| Sell MEXC live order book, 36 min ago | 0.59 bp | 9.0 bp −$9 | 70.4 bp −$704 | 271.5 bp −$27.2K | doesn't fit |
GMT on 12 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_GMTUSD | −0.1275% | 1h | 0.008577 | −0.076% | $44K | $13K | 20x | as long as short |
| Bybit GMTUSDT | −0.0362% | 8h | 0.008569 | −0.175% | $1.1M | $2.1M | 50x | as long as short |
| Variational Omni GMT | −0.0306% | 8h | 0.008601 | +0.204% | $4K | $6K | — | as long as short |
| OKX GMT-USDT-SWAP | −0.0213% | 4h | 0.008564 | −0.233% | $395K | $1.3M | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0210% | 4h | 0.008570 | −0.163% | $264K | $189K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008580 | −0.047% | $114K | $154K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008583 | −0.014% | $7K | $23K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008571 | −0.149% | $2.9M | $5.4M | 50x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008590 | +0.070% | $148K | $178K | 50x | as long as short |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008573 | −0.128% | $424K | $209K | 20x |
Kraken Futures PF_GMTUSD
Bybit GMTUSDT
Variational Omni GMT
OKX GMT-USDT-SWAP
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Gate GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008579 | −0.058% | $682K | $638K | 50x | as long as short |
| BingX GMT-USDTlong | +0.0100% | 4h | 0.008584 | long leg | — | $1.3M | — |
Bitget GMTUSDT