Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against MEXC+0.501%79s7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2402.396% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−1.178%−$118 · spread now +0.501%, 7d avg +0.086%
=The price spread pays, funding is against you. BloFin is 0.415% dearer against MEXC than usual: you sell high and buy low (spread +0.501% now, against its 7-day average of +0.086%): +$42 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 days. At the pace of the last 7 days (−0.010% in total) that is about 9 months. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 4STOCK_USDT | 0.009980 | 0.0498 | pay 0.0249% / 4h | 1h 05m | $550K | $1.2M | 20x |
| Short | BloFin 4STOCK-USDT | 0.01003 | 0.0446 | get 0.0223% / 4h | 1h 05m | $87K | $117K | 10x |
MEXC 4STOCK_USDT
BloFin 4STOCK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$10.9
- Price spread: +0.501% → +0.086%
- $41.53
- Slippage, 4 orders
- −$207.58
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$208.95
- Costs to cover
- 2.396%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 1 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, 5 min ago | 9.93 bp | 78.2 bp −$78 | 211.3 bp −$2,113 | 661.9 bp −$66.2K | doesn't fit |
| Sell BloFin live order book, 1 min ago | 10.01 bp | 34.6 bp −$35 | 212.9 bp −$2,129 | doesn't fit | doesn't fit |
4STOCK on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate 4STOCK_USDT | +0.0100% | 4h | 0.01001 | +0.301% | $559K | $936K | 10x | as long as short |
| Aster 4STOCKUSDT | +0.0433% | 1h | 0.009987 | +0.074% | $38K | $58K | 5x | as long as short |
| BloFin 4STOCK-USDTshort | +0.0446% | 4h | 0.01003 | +0.501% | $87K | $117K | 10x | |
| MEXC 4STOCK_USDTlong | +0.0498% | 4h | 0.009980 | long leg | $550K | $1.2M | 20x | |
| Bybit 4STOCKUSDT | +0.0550% | 4h | 0.009960 | −0.200% | $2.3M | $6.1M | 10x | as long as short |
| edgeX 4STOCKUSDC | +0.0552% | 4h | 0.009966 | −0.137% | $2K | $75K | 5x | as long as short |
| BingX 4STOCK-USDT | +0.0614% | 4h | 0.009940 | −0.401% | — | $1.1M | — | as long as short |
Gate 4STOCK_USDT
Aster 4STOCKUSDT
Bybit 4STOCKUSDT
edgeX 4STOCKUSDC
BingX 4STOCK-USDT