Funding you earn now, next payment 12:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.021%
Price spread now: MEXC against BingX−0.058%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1541.538% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.058%, 7d avg −0.090%
=The price spread pays, funding is against you. MEXC is 0.031% dearer against BingX than usual: you sell high and buy low (spread −0.058% now, against its 7-day average of −0.090%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.5 days. At the pace of the last 7 days (−0.107% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX US-USDT | 0.01541 | 0.0198 | pay 0.0099% / 4h | 3h 01m | — | $1.3M | — |
| Short | MEXC US_USDT | 0.01540 | 0.0184 | get 0.0092% / 4h | 3h 01m | $5.2M | $121K | 100x |
BingX US-USDT
MEXC US_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- −$2.94
- Price spread: −0.058% → −0.090%
- $3.15
- Slippage, 4 orders
- −$139.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$153.6
- Costs to cover
- 1.538%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; MEXC: 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 BingX live order book, 4 min ago | 2.59 bp | 61.6 bp −$62 | 225.3 bp −$2,253 | 1107.8 bp −$110.8K | 1448.1 bp −$724.1K |
| Sell MEXC live order book, 6 min ago | 0.32 bp | 9.6 bp −$10 | 50.8 bp −$508 | 327.8 bp −$32.8K | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.2320% | 4h | 0.01533 | −0.519% | $3.5M | $572K | 20x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01541 | +0.026% | $14K | $52K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01540 | −0.052% | $3.1M | $991K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01538 | −0.162% | $1.9M | $693K | 20x | as long as short |
| Bitget USUSDT | +0.0100% | 4h | 0.01541 | +0.026% | $4.1M | $292K | 10x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01547 | +0.405% | $16K | $4K | — | as long as short |
| Extended US-USD | +0.0184% | 1h | 0.01540 | −0.041% | $3K | $209K | 5x | as long as short |
| MEXC US_USDTshort | +0.0184% | 4h | 0.01540 | −0.058% | $5.2M | $121K | 100x | |
| Binance USUSDT | +0.0186% | 4h | 0.01541 | −0.006% | $8.7M | $3.6M | 10x | as long as short |
| BingX US-USDTlong | +0.0198% | 4h | 0.01541 | long leg | — | $1.3M | — |
KuCoin USUSDTM
Aster USUSDT
Bybit USUSDT
Gate US_USDT
Bitget USUSDT
Variational Omni US
Extended US-USD
Binance USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0213% | 4h | 0.01546 | +0.299% | $463K | $45K | 10x | as long as short |
BloFin US-USDT