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: MEXC against BingX−0.080%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$650.648% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now −0.080%, 7d avg −0.069%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USUAL-USDT | 0.01368 | 0.0100 | pay 0.0050% / 4h | 23m 52s | — | $1.2M | — |
| Short | MEXC USUAL_USDT | 0.01367 | 0.0100 | get 0.0050% / 4h | 23m 52s | $6.0M | $248K | 100x |
BingX USUAL-USDT
MEXC USUAL_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
- $0
- Price spread: −0.080% → −0.069%
- −$1.16
- Slippage, 4 orders
- −$50.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$65.91
- Costs to cover
- 0.648%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 4 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, 6 min ago | 3.65 bp | 26.7 bp −$27 | 122.3 bp −$1,223 | 493.3 bp −$49.3K | 736.9 bp −$368.5K |
| Sell MEXC live order book, 4 min ago | 3.28 bp | 8.6 bp −$9 | 127.4 bp −$1,274 | 852.6 bp −$85.3K | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4582% | 1h | 0.01360 | −0.585% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0770% | 1h | 0.01367 | −0.100% | $111K | $18K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01367 | −0.073% | $393K | $201K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01367 | −0.095% | $2.1M | $3.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01369 | +0.066% | $1.0M | $822K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01370 | +0.146% | $927K | $213K | 50x | as long as short |
| MEXC USUAL_USDTshort | +0.0100% | 4h | 0.01367 | −0.080% | $6.0M | $248K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01370 | +0.146% | $279K | $60K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01369 | +0.073% | $830K | $453K | 50x | as long as short |
| BingX USUAL-USDTlong | +0.0100% | 4h | 0.01368 | long leg | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01372 | +0.277% | $9K | $208 | — | as long as short |
Variational Omni USUAL