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+0.200%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1231.230% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days−0.132%−$13 · spread now +0.200%, 7d avg +0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.178% dearer against MEXC than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIL_USDT | 0.07516 | 0.0100 | pay 0.0050% / 4h | 22m 14s | $2.5M | $3.3M | 100x |
| Short | BingX NIL-USDT | 0.07531 | 0.0100 | get 0.0050% / 4h | 22m 14s | — | $8.1M | — |
Funding 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: +0.200% → +0.022%
- $17.79
- Slippage, 4 orders
- −$108.97
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$105.18
- Costs to cover
- 1.230%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 6 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, 5 min ago | 6.56 bp | 50.8 bp −$51 | 134.0 bp −$1,340 | 334.4 bp −$33.4K | 644.7 bp −$322.3K |
| Sell BingX live order book, 6 min ago | 5.90 bp | 23.4 bp −$23 | 97.7 bp −$977 | 456.2 bp −$45.6K | 739.2 bp −$369.6K |
NIL 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.07529 | +0.173% | $31K | $294K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07516 | 0.000% | $5.8M | $51.6M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07527 | +0.146% | $4.2M | $10.4M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07524 | +0.106% | $469K | $1.5M | 50x | as long as short |
| MEXC NIL_USDTlong | +0.0100% | 4h | 0.07516 | long leg | $2.5M | $3.3M | 100x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.07536 | +0.266% | $2.1M | $6.3M | 50x | as long as short |
| BingX NIL-USDTshort | +0.0100% | 4h | 0.07531 | +0.200% | — | $8.1M | — | |
| Variational Omni NIL | +0.0100% | 4h | 0.07644 | +1.698% | $186K | $252K | — | as long as short |
| KuCoin NILUSDTM | +0.0102% | 4h | 0.07533 | +0.226% | $581K | $561K | 30x | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07518 | +0.024% | $23K | $189K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0133% | 4h | 0.07555 | +0.519% | $374K | $94K | 50x | as long as short |
| Hyperliquid NIL | +0.1722% | 1h | 0.07554 | +0.503% | $4.9M | $4.5M | 3x | as long as short |
MEXC NIL_USDT
BingX NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
Bitget NILUSDT
Variational Omni NIL
KuCoin NILUSDTM
Extended NIL-USD
BloFin NIL-USDT
Hyperliquid NIL