Funding you earn now, next payment 04:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against MEXC+0.324%64s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as 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)−0.062%−$6 · spread now +0.324%, 7d avg −0.003%
=The price spread pays, funding is against you. BloFin is 0.327% dearer against MEXC than usual: you sell high and buy low (spread +0.324% now, against its 7-day average of −0.003%): +$33 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 26 days. At the pace of the last 7 days (−0.014% in total) that is about 6 months. The two prices were read 64 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 A_USDT | 0.09261 | 0.0100 | pay 0.0050% / 4h | 50m 19s | $4.0M | $135K | 100x |
| Short | BloFin A-USDT | 0.09291 | 0.0058 | get 0.0029% / 4h | 50m 19s | $150K | $7K | 75x |
MEXC A_USDT
BloFin A-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
- −$8.86
- Price spread: +0.324% → −0.003%
- $32.72
- Slippage, 4 orders
- −$60.76
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.9
- Costs to cover
- 0.768%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 46 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, 2 min ago | 3.23 bp | 17.7 bp −$18 | 67.0 bp −$670 | 177.9 bp −$17.8K | doesn't fit |
| Sell BloFin live order book, 46 min ago | 4.31 bp | 26.3 bp −$26 | 65.4 bp −$654 | doesn't fit | 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 | −3.412% | $1K | $5 | 5.5x | as long as short |
| BloFin A-USDTshort | +0.0058% | 4h | 0.09291 | +0.324% | $150K | $7K | 75x | |
| Binance AUSDT | +0.0100% | 4h | 0.09263 | +0.022% | $2.9M | $3.1M | 75x | as long as short |
| Bybit AUSDT | +0.0100% | 4h | 0.09249 | −0.130% | $3.2M | $963K | 50x | as long as short |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09266 | +0.054% | $729K | $486K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09269 | +0.086% | $216K | $66K | 50x | as long as short |
| MEXC A_USDTlong | +0.0100% | 4h | 0.09261 | long leg | $4.0M | $135K | 100x | |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09270 | +0.097% | $679K | $49K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09266 | +0.054% | $906K | $182K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09256 | −0.054% | — | $6.5M | — | 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-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni A | +0.0100% | 4h | 0.09251 | −0.104% | $1K | $1 | — | as long as short |
Variational Omni A