Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.132%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$830.832% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.132%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.084% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IO-USDT | 0.1512 | 0.0100 | pay 0.0050% / 4h | 1h 18m | — | $1.3M | — |
| Short | MEXC IO_USDT | 0.1510 | 0.0100 | get 0.0050% / 4h | 1h 18m | $1.1M | $229K | 125x |
BingX IO-USDT
MEXC IO_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: −0.132% → −0.048%
- −$8.44
- Slippage, 4 orders
- −$69.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$91.63
- Costs to cover
- 0.832%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: 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 BingX live order book, 3 min ago | 6.62 bp | 18.5 bp −$18 | 60.2 bp −$602 | 466.8 bp −$46.7K | 609.6 bp −$304.8K |
| Sell MEXC live order book, 3 min ago | 3.31 bp | 24.1 bp −$24 | 182.4 bp −$1,824 | 345.1 bp −$34.5K | doesn't fit |
IO on 14 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_IOUSD | −0.0639% | 1h | 0.1515 | +0.213% | $39K | $21K | 10x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1513 | +0.040% | $1.0M | $387K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1513 | +0.059% | $6K | $32K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1512 | +0.025% | $3.0M | $6.5M | 50x | as long as short |
| Bybit IOUSDT | +0.0100% | 4h | 0.1510 | −0.152% | $1.1M | $875K | 25x | as long as short |
| Gate IO_USDT | +0.0100% | 4h | 0.1512 | −0.013% | $249K | $548K | 50x | as long as short |
| MEXC IO_USDTshort | +0.0100% | 4h | 0.1510 | −0.132% | $1.1M | $229K | 125x | |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1511 | −0.066% | $399K | $655K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1513 | +0.066% | $1.3M | $1.2M | 50x | as long as short |
| BingX IO-USDTlong | +0.0100% | 4h | 0.1512 | long leg | — | $1.3M | — |
Kraken Futures PF_IOUSD
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
Bybit IOUSDT
Gate IO_USDT
KuCoin IOUSDTM
Bitget IOUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1510 | −0.112% | $30K | $5K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1512 | −0.001% | $5K | $171K | 5x | as long as short |
| BloFin IO-USDT | +0.0141% | 4h | 0.1513 | +0.066% | $194K | $31K | 50x | as long as short |
| Injective IO/USDC PERP | +0.0163% | 1h | 0.1518 | +0.397% | $2K | $103 | 5.5x | as long as short |
Variational Omni IO
Extended IO-USD
BloFin IO-USDT
Injective IO/USDC PERP