Funding you earn now, next payment 00:00 UTC−0.0208%/8h= −22.8% APRnext payment −$1.04 per $10,000 · paid last 24h −0.014%
Price spread now: BingX against MEXC+0.054%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 7 days−0.448%−$45 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.054%, 7d avg +0.021%
=The price spread pays, funding is against you. BingX is 0.033% dearer against MEXC than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.021%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LA_USDT | 0.07406 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $398K | $139K | 50x |
| Short | BingX LA-USDT | 0.07410 | −0.0108 | pay 0.0054% / 4h | 2h 04m | — | $6.6M | — |
MEXC LA_USDT
BingX LA-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
- −$43.68
- Price spread: +0.054% → +0.021%
- $3.26
- Slippage, 4 orders
- −$25.37
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$79.79
- Costs to cover
- 0.394%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 10 min ago; BingX: live order book, 2 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, 10 min ago | 0.67 bp | 8.1 bp −$8 | 29.1 bp −$291 | 346.5 bp −$34.6K | doesn't fit |
| Sell BingX live order book, 2 min ago | 1.35 bp | 12.9 bp −$13 | 30.8 bp −$308 | 757.4 bp −$75.7K | 1255.9 bp −$628.0K |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0510% | 4h | 0.07405 | −0.014% | $251K | $807K | 50x | as long as short |
| OKX LA-USDT-SWAP | −0.0118% | 4h | 0.07409 | +0.041% | $1.3M | $2.8M | 20x | as long as short |
| BingX LA-USDTshort | −0.0108% | 4h | 0.07410 | +0.054% | — | $6.6M | — | |
| KuCoin LAUSDTM | −0.0098% | 4h | 0.07411 | +0.068% | $1.0M | $58K | 30x | as long as short |
| Bitget LAUSDT | −0.0082% | 4h | 0.07410 | +0.054% | $2.0M | $522K | 25x | as long as short |
| BloFin LA-USDT | +0.0094% | 4h | 0.07417 | +0.149% | $250K | $19K | 25x | as long as short |
| Aster LAUSDT | +0.0099% | 4h | 0.07405 | −0.014% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07407 | +0.014% | $4.7M | $8.3M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07407 | +0.014% | $2.4M | $2.3M | 25x | as long as short |
| MEXC LA_USDTlong | +0.0100% | 4h | 0.07406 | long leg | $398K | $139K | 50x |
Gate LA_USDT
OKX LA-USDT-SWAP
KuCoin LAUSDTM
Bitget LAUSDT
BloFin LA-USDT
Aster LAUSDT
Binance LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | +0.056% | $143K | $470K | 10x | as long as short |
GRVT LA_USDT_Perp