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: BingX against MEXC−0.026%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$620.616% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now −0.026%, 7d avg −0.044%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC W_USDT | 0.01168 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $12.7M | $1.8M | 50x |
| Short | BingX W-USDT | 0.01168 | 0.0100 | get 0.0050% / 4h | 2h 04m | — | $6.9M | — |
MEXC W_USDT
BingX W-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
- $0
- Price spread: −0.026% → −0.044%
- $1.82
- Slippage, 4 orders
- −$47.56
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$59.74
- Costs to cover
- 0.616%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 3 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 | 2.13 bp | 9.4 bp −$9 | 55.7 bp −$557 | 91.7 bp −$9,169 | 179.6 bp −$89.8K |
| Sell BingX live order book, 3 min ago | 3.41 bp | 21.5 bp −$22 | 57.0 bp −$570 | 591.6 bp −$59.2K | 1098.1 bp −$549.0K |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0861% | 1h | 0.01169 | +0.086% | $17K | $1K | 10x | as long as short |
| OKX W-USDT-SWAP | −0.0048% | 4h | 0.01168 | +0.034% | $1.3M | $2.1M | 20x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.501% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01169 | +0.077% | $2.0M | $450K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01168 | +0.034% | $2.9M | $7.1M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01166 | −0.146% | $4.1M | $2.0M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01170 | +0.163% | $444K | $301K | 75x | as long as short |
| MEXC W_USDTlong | +0.0100% | 4h | 0.01168 | long leg | $12.7M | $1.8M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01167 | −0.094% | $414K | $217K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01171 | +0.248% | $1.3M | $585K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
OKX W-USDT-SWAP
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDTshort | +0.0100% | 4h | 0.01168 | −0.026% | — | $6.9M | — | |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01170 | +0.163% | $43K | $47K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01169 | +0.064% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01172 | +0.338% | $123K | $409K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01168 | +0.031% | $59K | $276K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0296% | 1h | 0.01178 | +0.848% | $14K | $18K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0621% | 1h | 0.01171 | +0.283% | $145K | $185K | 20x | as long as short |
Backpack W_USDC_PERP
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD