Funding you earn now, next payment 08:00 UTC−0.0622%/8h= −68.1% APRnext payment −$3.11 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against MEXC−0.104%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and BingX is 0.104% cheaper against MEXC than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.11 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 TREE_USDT | 0.04822 | −0.0370 | get 0.0185% / 4h | 3h 49m | $25K | $82K | 20x |
| Short | BingX TREE-USDT | 0.04817 | −0.0992 | pay 0.0496% / 4h | 3h 49m | — | $2.3M | — |
MEXC TREE_USDT
BingX TREE-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
- −$130.62
- Price spread: −0.104% → 0.000%
- −$10.37
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$158.99
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: MEXC: no order-book sample; BingX: live order book, 8 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 8 min ago | 9.32 bp | 34.9 bp −$35 | 79.5 bp −$795 | 975.7 bp −$97.6K | doesn't fit |
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TREE 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TREE | −0.1134% | 4h | 0.04822 | +0.003% | $10K | $1 | — | as long as short |
| BingX TREE-USDTshort | −0.0992% | 4h | 0.04817 | −0.104% | — | $2.3M | — | |
| Binance TREEUSDT | −0.0400% | 4h | 0.04819 | −0.063% | $2.0M | $4.3M | 10x | as long as short |
| MEXC TREE_USDTlong | −0.0370% | 4h | 0.04822 | long leg | $25K | $82K | 20x | |
| KuCoin TREEUSDTM | −0.0342% | 4h | 0.04817 | −0.104% | $207K | $52K | 10x | as long as short |
| Aster TREEUSDT | −0.0233% | 4h | 0.04822 | +0.003% | $4K | $2K | 5x | as long as short |
| Bybit TREEUSDT | +0.0026% | 4h | 0.04822 | 0.000% | $939K | $934K | 25x | as long as short |
| Gate TREE_USDT | +0.0100% | 4h | 0.04828 | +0.124% | $105K | $82K | 20x | as long as short |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04819 | −0.062% | $1.9M | $257K | 5x | as long as short |
Variational Omni TREE
Binance TREEUSDT
KuCoin TREEUSDTM
Aster TREEUSDT
Bybit TREEUSDT
Gate TREE_USDT
Bitget TREEUSDT