Funding you earn now, next payment 02:00 UTC−0.2643%/8h= −289.4% APRnext payment −$3.30 per $10,000 · paid last 24h −0.477%
Price spread now: MEXC against BingX−0.201%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$720as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$490.492% of the position
Funding, last 7 days−6.707%−$671 on $10k
+Price spread, last 7 days+0.167%+$17 · spread now −0.201%, 7d avg −0.061%
=Both sides work against this trade now: funding costs −$79 a day on $10k at the current rate, and MEXC is 0.140% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.061%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LSK-USDT | 0.3536 | 0.0011 | pay 0.0001% / 1h | 47m 47s | — | $3.0M | — |
| Short | MEXC LSK_USDT | 0.3529 | −0.2632 | pay 0.0329% / 1h | 47m 47s | $8.0M | $2.6M | 20x |
BingX LSK-USDT
MEXC LSK_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
- −$555.07
- Price spread: −0.201% → −0.061%
- −$13.98
- Slippage, 4 orders
- −$35.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$618.23
- Costs to cover
- 0.492%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 5 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, 2 min ago | 2.12 bp | 16.5 bp −$17 | 49.1 bp −$491 | 400.6 bp −$40.1K | 710.7 bp −$355.3K |
| Sell MEXC live order book, 5 min ago | 0.71 bp | 12.5 bp −$12 | 41.8 bp −$418 | 81.9 bp −$8,190 | 491.9 bp −$246.0K |
LSK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LSKUSDT | −2.7942% | 1h | 0.3543 | +0.181% | $9.9M | $21.6M | 25x | as long as short |
| Gate LSK_USDT | −0.4440% | 1h | 0.3536 | −0.008% | $1.4M | $2.7M | 20x | as long as short |
| Variational Omni LSK | −0.4332% | 1h | 0.3543 | +0.184% | $26K | $218K | — | as long as short |
| Phemex LSKUSDT | −0.3207% | 4h | 0.3545 | +0.238% | $1.4M | $2.3M | 10x | as long as short |
| Aster LSKUSDT | −0.2732% | 1h | 0.3533 | −0.088% | $64K | $135K | 5x | as long as short |
| Binance LSKUSDT | −0.2636% | 1h | 0.3530 | −0.164% | $15.0M | $101.0M | 50x | as long as short |
| MEXC LSK_USDTshort | −0.2632% | 1h | 0.3529 | −0.201% | $8.0M | $2.6M | 20x | |
| HTX LSK-USDT | −0.2362% | 1h | 0.3546 | +0.271% | $56K | $294K | 20x | as long as short |
| Kraken Futures PF_LSKUSD | −0.1356% | 1h | 0.3536 | −0.018% | $116K | $236K | 10x | as long as short |
| Bitget LSKUSDT | −0.0264% | 1h | 0.3532 | −0.122% | $2.7M | $9.8M | 50x | as long as short |
Bybit LSKUSDT
Gate LSK_USDT
Variational Omni LSK
Phemex LSKUSDT
Aster LSKUSDT
Binance LSKUSDT
HTX LSK-USDT
Kraken Futures PF_LSKUSD
Bitget LSKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LSK-USDTlong | +0.0011% | 1h | 0.3536 | long leg | — | $3.0M | — |