Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BloFin−0.097%79s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as 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−$770.768% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.165%−$16 · spread now −0.097%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.100% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.003%). Swap the legs. 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 | BloFin A-USDT | 0.09265 | 0.0156 | pay 0.0078% / 4h | 47m 41s | $149K | $7K | 75x |
| Short | MEXC A_USDT | 0.09256 | 0.0100 | get 0.0050% / 4h | 47m 41s | $4.0M | $135K | 100x |
BloFin A-USDT
MEXC A_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$11.84
- Price spread: −0.097% → +0.003%
- −$10.04
- Slippage, 4 orders
- −$60.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$98.64
- Costs to cover
- 0.768%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 49 min ago; MEXC: live order book, 5 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 BloFin live order book, 49 min ago | 4.31 bp | 14.7 bp −$15 | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.23 bp | 18.1 bp −$18 | 64.7 bp −$647 | 194.7 bp −$19.5K | doesn't fit |
A 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 A/USDC PERP | +0.0033% | 1h | 0.08945 | −3.454% | $1K | $5 | 5.5x | as long as short |
| Binance AUSDT | +0.0100% | 4h | 0.09263 | −0.017% | $2.9M | $3.1M | 75x | as long as short |
| Bybit AUSDT | +0.0100% | 4h | 0.09243 | −0.237% | $3.2M | $963K | 50x | as long as short |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09262 | −0.032% | $729K | $486K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09268 | +0.032% | $216K | $66K | 50x | as long as short |
| MEXC A_USDTshort | +0.0100% | 4h | 0.09256 | −0.097% | $4.0M | $135K | 100x | |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09265 | 0.000% | $679K | $49K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09266 | +0.011% | $906K | $182K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09252 | −0.140% | — | $6.5M | — | as long as short |
| Variational Omni A | +0.0100% | 4h | 0.09251 | −0.147% | $1K | $1 | — | as long as short |
Injective A/USDC PERP
Binance AUSDT
Bybit AUSDT
OKX A-USDT-SWAP
Gate A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDT
Variational Omni AShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin A-USDTlong | +0.0156% | 4h | 0.09265 | long leg | $149K | $7K | 75x |