Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BloFin+0.133%49s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as 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−$1341.335% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 3 days (all we have)+0.776%+$78 · spread now +0.133%, 7d avg +0.015%
=The price spread pays, funding is against you. MEXC is 0.118% dearer against BloFin than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.015%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−0.006% in total) that is about 5 months. The two prices were read 49 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 ALCH-USDT | 0.05267 | 0.2078 | pay 0.1039% / 4h | 3h 56m | $421K | $106K | 10x |
| Short | MEXC ALCH_USDT | 0.05274 | 0.2056 | get 0.1028% / 4h | 3h 56m | $5.2M | $2.2M | 100x |
BloFin ALCH-USDT
MEXC ALCH_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
- −$4.67
- Price spread: +0.133% → +0.015%
- $11.8
- Slippage, 4 orders
- −$117.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$126.37
- Costs to cover
- 1.335%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 61 min ago; MEXC: 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 BloFin live order book, 61 min ago | 18.98 bp | 38.8 bp −$39 | 141.1 bp −$1,411 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 19.93 bp | 24.6 bp −$25 | 116.1 bp −$1,161 | 168.3 bp −$16.8K | 419.2 bp −$209.6K |
ALCH 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ALCH-USDT | +0.0070% | 4h | 0.05263 | −0.076% | — | $6.7M | — | as long as short |
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05263 | −0.076% | $3.3M | $5.3M | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05277 | +0.190% | $986K | $1.4M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05226 | −0.773% | $3K | $17K | — | as long as short |
| Gate ALCH_USDT | +0.0726% | 4h | 0.05277 | +0.190% | $285K | $623K | 20x | as long as short |
| Aster ALCHUSDT | +0.1586% | 4h | 0.05289 | +0.410% | $12K | $68K | 5x | as long as short |
| KuCoin ALCHUSDTM | +0.1772% | 4h | 0.05273 | +0.114% | $1.3M | $244K | 10x | as long as short |
| Kraken Futures PF_ALCHUSD | +0.1843% | 1h | 0.05266 | −0.012% | $9K | $30K | 10x | as long as short |
| MEXC ALCH_USDTshort | +0.2056% | 4h | 0.05274 | +0.133% | $5.2M | $2.2M | 100x | |
| Binance ALCHUSDT | +0.2058% | 4h | 0.05269 | +0.038% | $6.4M | $24.6M | 10x | as long as short |
BingX ALCH-USDT
Bybit ALCHUSDT
Bitget ALCHUSDT
Variational Omni ALCH
Gate ALCH_USDT
Aster ALCHUSDT
KuCoin ALCHUSDTM
Kraken Futures PF_ALCHUSD
Binance ALCHUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ALCH-USDTlong | +0.2078% | 4h | 0.05267 | long leg | $421K | $106K | 10x |