Funding you earn now, next payment 12:00 UTC−0.0222%/8h= −24.3% APRnext payment −$1.11 per $10,000 · paid last 24h −0.059%
Price spread now: MEXC against BingX−0.026%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$610.610% of the position
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 4 days (all we have)−0.151%−$15 · spread now −0.026%, 7d avg −0.026%
=The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ID-USDT | 0.03854 | 0.0322 | pay 0.0161% / 4h | 2h 58m | — | $2.3M | — |
| Short | MEXC ID_USDT | 0.03853 | 0.0100 | get 0.0050% / 4h | 2h 58m | $397K | $232K | 20x |
BingX ID-USDT
MEXC ID_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
- −$46.62
- Price spread: −0.026% → −0.026%
- $0
- Slippage, 4 orders
- −$47
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$107.62
- Costs to cover
- 0.610%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 17 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, 10 min ago | 5.18 bp | 18.7 bp −$19 | 47.1 bp −$471 | 418.0 bp −$41.8K | 485.3 bp −$242.7K |
| Sell MEXC live order book, 17 min ago | 1.30 bp | 10.6 bp −$11 | 28.8 bp −$288 | 127.7 bp −$12.8K | 225.4 bp −$112.7K |
ID 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_IDUSD | −0.0163% | 1h | 0.03852 | −0.041% | $4K | $4K | 10x | as long as short |
| BloFin ID-USDT | +0.0080% | 4h | 0.03859 | +0.130% | $159K | $16K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03854 | +0.001% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03852 | −0.039% | $2.5M | $4.1M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03855 | +0.026% | $1.6M | $1.2M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03858 | +0.104% | $260K | $206K | 25x | as long as short |
| MEXC ID_USDTshort | +0.0100% | 4h | 0.03853 | −0.026% | $397K | $232K | 20x | |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03859 | +0.130% | $1.1M | $75K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03859 | +0.124% | $12K | $20K | — | as long as short |
| Bitget IDUSDT | +0.0296% | 4h | 0.03856 | +0.052% | $1.1M | $923K | 50x | as long as short |
Kraken Futures PF_IDUSD
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
KuCoin IDUSDTM
Variational Omni ID
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ID-USDTlong | +0.0322% | 4h | 0.03854 | long leg | — | $2.3M | — |