Funding arb · Price arb /

ANSEM

RWAall ANSEM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: BingX against MEXC+0.482%7-day average +0.215% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.482%, 7d avg +0.215%

Together, before fees+0.057%+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.267% dearer against MEXC than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.215%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ANSEM_USDT	0.1660	0.0400	pay 0.0200% / 4h	1h 23m	$877K	$403K	20x
Short	BingX ANSEM-USDT	0.1668	0.0400	get 0.0200% / 4h	1h 23m	—	$728K	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BingXbpOrdersPrice spread, now +0.482%Rate

Funding earned: $0
Price spread: +0.482% → +0.215%: $26.68
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: $12.68
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: MEXC: live order book, 56 min ago; BingX: live order book, 20 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 live order book, 56 min ago	29.67 bp	281.0 bp −$281	1042.6 bp −$10.4K	doesn't fit	doesn't fit
Sell BingX live order book, 20 min ago	54.38 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

ANSEM on 8 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
Paragon para:ANSEM	−0.0230%	1h	0.1651	−0.569%	$1.2M	$842K	3x	as long as short
Lighter ANSEM	+0.0096%	1h	0.1665	+0.277%	$317K	$259K	3x	as long as short
Lighter RH ANSEM	+0.0096%	1h	0.1651	−0.530%	$44K	$180K	3x	as long as short
Aster ANSEMUSDT	+0.0100%	1h	0.1660	+0.025%	$211K	$341K	10x	as long as short
Gate ANSEM_USDT	+0.0100%	4h	0.1652	−0.482%	$39K	$73K	10x	as long as short
Phoenix ANSEM	+0.0244%	1h	0.1653	−0.404%	$68K	$37K	3x	as long as short
MEXC ANSEM_USDTlong	+0.0400%	4h	0.1660	long leg	$877K	$403K	20x
BingX ANSEM-USDTshort	+0.0400%	4h	0.1668	+0.482%	—	$728K	—