Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against MEXC+0.059%79s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as 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−$1461.464% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−1.962%−$196 · spread now +0.059%, 7d avg −0.002%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.061% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.002%. 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 ALCH_USDT | 0.05127 | 0.0936 | pay 0.0468% / 4h | 43m 54s | $4.9M | $2.4M | 100x |
| Short | BloFin ALCH-USDT | 0.05130 | 0.0986 | get 0.0493% / 4h | 43m 54s | $404K | $114K | 10x |
MEXC ALCH_USDT
BloFin ALCH-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
- $10.52
- Price spread: +0.059% → −0.002%
- $6.07
- Slippage, 4 orders
- −$130.36
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$129.77
- Costs to cover
- 1.464%
- Break-even
- 93.4 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 57 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, 4 min ago | 13.60 bp | 29.4 bp −$29 | 107.5 bp −$1,075 | 161.7 bp −$16.2K | 428.0 bp −$214.0K |
| Sell BloFin live order book, 57 min ago | 19.51 bp | 39.9 bp −$40 | 185.8 bp −$1,858 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05129 | +0.039% | $3.0M | $6.1M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05120 | −0.137% | $289K | $684K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05114 | −0.254% | $916K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05124 | −0.057% | $3K | $17K | — | as long as short |
| Aster ALCHUSDT | +0.0894% | 4h | 0.05129 | +0.039% | $13K | $106K | 5x | as long as short |
| Binance ALCHUSDT | +0.0924% | 4h | 0.05138 | +0.215% | $6.1M | $27.3M | 10x | as long as short |
| MEXC ALCH_USDTlong | +0.0936% | 4h | 0.05127 | long leg | $4.9M | $2.4M | 100x | |
| BingX ALCH-USDT | +0.0942% | 4h | 0.05129 | +0.039% | — | $6.8M | — | as long as short |
| BloFin ALCH-USDTshort | +0.0986% | 4h | 0.05130 | +0.059% | $404K | $114K | 10x | |
| KuCoin ALCHUSDTM | +0.1268% | 4h | 0.05127 | 0.000% | $1.2M | $275K | 10x | as long as short |
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
Binance ALCHUSDT
BingX ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.3903% | 1h | 0.05130 | +0.063% | $12K | $33K | 10x | as long as short |
Kraken Futures PF_ALCHUSD