Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against MEXC+0.049%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1631.628% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now +0.049%, 7d avg +0.092%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.043% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.092%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.098%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC US_USDT | 0.01644 | 0.0814 | pay 0.0407% / 4h | 3h 33m | $5.5M | $113K | 100x |
| Short | BingX US-USDT | 0.01644 | 0.0788 | get 0.0394% / 4h | 3h 33m | — | $1.3M | — |
MEXC US_USDT
BingX US-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
- −$5.46
- Price spread: +0.049% → +0.092%
- −$4.29
- Slippage, 4 orders
- −$148.84
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$172.59
- Costs to cover
- 1.628%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 7 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 | 2.43 bp | 33.0 bp −$33 | 54.4 bp −$544 | 378.7 bp −$37.9K | doesn't fit |
| Sell BingX live order book, 7 min ago | 8.50 bp | 49.3 bp −$49 | 150.5 bp −$1,505 | 1014.7 bp −$101.5K | 1342.0 bp −$671.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01643 | −0.037% | $3.2M | $875K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01642 | −0.122% | $2.1M | $560K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01640 | −0.195% | $4.2M | $276K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01643 | −0.022% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0412% | 4h | 0.01645 | +0.097% | $4.3M | $250K | 10x | as long as short |
| Aster USUSDT | +0.0755% | 4h | 0.01642 | −0.085% | $12K | $55K | 5x | as long as short |
| BingX US-USDTshort | +0.0788% | 4h | 0.01644 | +0.049% | — | $1.3M | — | |
| Extended US-USD | +0.0808% | 1h | 0.01643 | −0.027% | $2K | $139K | 5x | as long as short |
| Binance USUSDT | +0.0808% | 4h | 0.01644 | 0.000% | $9.2M | $3.1M | 10x | as long as short |
| MEXC US_USDTlong | +0.0814% | 4h | 0.01644 | long leg | $5.5M | $113K | 100x |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Bitget USUSDT
Aster USUSDT
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 | +0.0821% | 4h | 0.01644 | 0.000% | $479K | $49K | 10x | as long as short |
BloFin US-USDT