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: BingX against MEXC+0.078%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days+0.448%+$45 on $10k
+Price spread, last 7 days−0.100%−$10 · spread now +0.078%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.092% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PI_USDT | 0.08971 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $9.2M | $1.3M | 125x |
| Short | BingX PI-USDT | 0.08978 | 0.0100 | get 0.0050% / 4h | 2h 03m | — | $6.6M | — |
MEXC PI_USDT
BingX PI-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: +0.078% → −0.014%
- $9.17
- Slippage, 4 orders
- −$36.04
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$40.86
- Costs to cover
- 0.500%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: 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 MEXC live order book, 4 min ago | 0.56 bp | 9.1 bp −$9 | 44.1 bp −$441 | 158.5 bp −$15.8K | 279.0 bp −$139.5K |
| Sell BingX live order book, 3 min ago | 6.15 bp | 16.9 bp −$17 | 53.9 bp −$539 | 231.3 bp −$23.1K | 623.8 bp −$311.9K |
PI on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PIUSDT | −0.0924% | 4h | 0.08950 | −0.234% | $4.9M | $1.6M | 50x | as long as short |
| OKX PI-USDT-SWAP | +0.0100% | 4h | 0.08987 | +0.178% | $2.7M | $5.7M | 20x | as long as short |
| Gate PI_USDT | +0.0100% | 4h | 0.08970 | −0.011% | $2.6M | $2.0M | 50x | as long as short |
| MEXC PI_USDTlong | +0.0100% | 4h | 0.08971 | long leg | $9.2M | $1.3M | 125x | |
| BingX PI-USDTshort | +0.0100% | 4h | 0.08978 | +0.078% | — | $6.6M | — | |
| Injective PI/USDC PERP | +0.0179% | 1h | 0.08950 | −0.234% | $1 | $65K | 5.5x | as long as short |
Bitget PIUSDT
OKX PI-USDT-SWAP
Gate PI_USDT
Injective PI/USDC PERP