Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.042%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.042%, 7d avg −0.041%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MEW_USDT | 0.0004730 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $370K | $185K | 125x |
| Short | BingX MEW-USDT | 0.0004728 | 0.0100 | get 0.0050% / 4h | 2h 05m | — | $6.7M | — |
MEXC MEW_USDT
BingX MEW-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
- $0
- Price spread: −0.042% → −0.041%
- −$0.12
- Slippage, 4 orders
- −$51.91
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$66.03
- Costs to cover
- 0.659%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 24 min ago; BingX: live order book, 16 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, 24 min ago | 1.08 bp | 9.5 bp −$10 | 43.8 bp −$438 | 189.3 bp −$18.9K | doesn't fit |
| Sell BingX live order book, 16 min ago | 5.38 bp | 21.4 bp −$21 | 60.4 bp −$604 | 585.6 bp −$58.6K | 992.5 bp −$496.3K |
MEW 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004720 | −0.211% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −10.803% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004730 | 0.000% | $1.3M | $3.5M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004724 | −0.127% | $1.5M | $1.5M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004721 | −0.190% | $544K | $902K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004715 | −0.317% | $137K | $140K | 50x | as long as short |
| MEXC MEW_USDTlong | +0.0100% | 4h | 0.0004730 | long leg | $370K | $185K | 125x | |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004727 | −0.063% | $330K | $131K | 30x | as long as short |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004727 | −0.063% | $486K | $541K | 50x | as long as short |
| BingX MEW-USDTshort | +0.0100% | 4h | 0.0004728 | −0.042% | — | $6.7M | — |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
OKX MEW-USDT-SWAP
Gate MEW_USDT
KuCoin MEWUSDTM
Bitget MEWUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004722 | −0.165% | $83K | $36K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0416% | 1h | 0.0004732 | +0.047% | $91K | $132K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD