Funding you earn now, next payment 08:00 UTC+0.2448%/8h= +268.1% APRnext payment +$12.24 per $10,000 · paid last 24h +0.063%
Price spread now: BingX against MEXC−0.075%7-day average +0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1711.708% of the position
Funding, last 7 days−0.863%−$86 on $10k
+Price spread, last 4 days (all we have)+0.497%+$50 · spread now −0.075%, 7d avg +0.085%
=Funding pays, the price is against you. BingX is 0.160% cheaper against MEXC than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.085%). If the spread goes back, that is −$16 on $10k: about 5 hours of funding at the current rate (+$73 a day). Mind the row above: over the last 7 days funding on this pair cost −0.863%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.863% in total (about -45.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STONK_USDT | 0.3335 | 0.0144 | pay 0.0072% / 4h | 1h 29m | $795K | $1.0M | 20x |
| Short | BingX STONK-USDT | 0.3332 | 0.2592 | get 0.1296% / 4h | 1h 29m | — | $916K | — |
MEXC STONK_USDT
BingX STONK-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
- $514.08
- Price spread: −0.075% → +0.085%
- −$15.99
- Slippage, 4 orders
- −$140.83
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $327.26
- Costs to cover
- 1.708%
- Break-even
- 2.5 days
Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 44 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, 1 min ago | 2.40 bp | 22.1 bp −$22 | 64.8 bp −$648 | 534.4 bp −$53.4K | doesn't fit |
| Sell BingX live order book, 44 min ago | 13.71 bp | 45.7 bp −$46 | 185.3 bp −$1,853 | 1161.5 bp −$116.2K | 1290.9 bp −$645.5K |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDTlong | +0.0144% | 4h | 0.3335 | long leg | $795K | $1.0M | 20x | |
| Bitget STONKUSDT | +0.0156% | 4h | 0.3331 | −0.096% | $429K | $2.2M | 10x | as long as short |
| Lighter STONK | +0.1352% | 1h | 0.3340 | +0.150% | $344K | $525K | 5x | as long as short |
| Phoenix STONK | +0.1741% | 1h | 0.3348 | +0.402% | $211K | $135K | 3x | as long as short |
| BingX STONK-USDTshort | +0.2592% | 4h | 0.3332 | −0.075% | — | $916K | — | |
| Bybit STONKUSDT | +0.2701% | 4h | 0.3330 | −0.135% | $1.5M | $6.2M | 5x | as long as short |
| Aster STONKUSDT | +0.3030% | 1h | 0.3340 | +0.165% | $465K | $1.1M | 10x | as long as short |
| BloFin STONK-USDT | +0.3386% | 4h | 0.3339 | +0.135% | $91K | $194K | 5x | as long as short |
| Gate STONK_USDT | +0.4364% | 4h | 0.3329 | −0.159% | $953K | $2.1M | 10x | as long as short |
Bitget STONKUSDT
Lighter STONK
Phoenix STONK
Bybit STONKUSDT
Aster STONKUSDT
BloFin STONK-USDT
Gate STONK_USDT