ALT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against MEXC+0.237%79s7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as 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−$600.596% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.116%+$12 · spread now +0.237%, 7d avg +0.016%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.220% dearer against MEXC than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.016%. 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 ALT_USDT	0.007610	0.0100	pay 0.0050% / 4h	3h 55m	$385K	$177K	50x
Short	BloFin ALT-USDT	0.007628	0.0158	get 0.0079% / 4h	3h 55m	$174K	$11K	50x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now +0.237%Rate

Funding earned: $12.15
Price spread: +0.237% → +0.016%: $22.04
Slippage, 4 orders: −$43.63
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$25.45
Costs to cover: 0.596%
Break-even: 21.7 days

Slippage from MEXC: live order book, 45 min ago; BloFin: live order book, 34 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, 45 min ago	1.32 bp	9.8 bp −$10	63.3 bp −$633	266.3 bp −$26.6K	420.5 bp −$210.2K
Sell BloFin live order book, 34 min ago	2.63 bp	19.6 bp −$20	71.7 bp −$717	doesn't fit	doesn't fit

ALT on 14 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
Deribit ALT_USDC-PERPETUAL	−0.0144%	1h	0.007611	+0.013%	—	$0	25x	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007691	+1.064%	$837	$4K	5.5x	as long as short
Kraken Futures PF_ALTUSD	+0.0042%	1h	0.007621	+0.144%	$45K	$8K	10x	as long as short
Hyperliquid ALT	+0.0100%	1h	0.007605	−0.066%	$1.1M	$176K	3x	as long as short
Binance ALTUSDT	+0.0100%	4h	0.007610	+0.002%	$2.7M	$3.8M	50x	as long as short
Bybit ALTUSDT	+0.0100%	4h	0.007611	+0.013%	$1.2M	$1.9M	25x	as long as short
Gate ALT_USDT	+0.0100%	8h	0.007616	+0.079%	$50K	$376K	25x	as long as short
MEXC ALT_USDTlong	+0.0100%	4h	0.007610	long leg	$385K	$177K	50x
KuCoin ALTUSDTM	+0.0100%	4h	0.007618	+0.105%	$150K	$22K	30x	as long as short
Bitget ALTUSDT	+0.0100%	4h	0.007612	+0.026%	$612K	$124K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ALT-USDT	+0.0100%	4h	0.007606	−0.053%	—	$1.3M	—	as long as short
Variational Omni ALT	+0.0100%	4h	0.007607	−0.044%	$4K	$16K	—	as long as short
BloFin ALT-USDTshort	+0.0158%	4h	0.007628	+0.237%	$174K	$11K	50x
Coinbase International ALT-PERP-INTX	+0.0488%	1h	0.007691	+1.064%	$14K	$3K	50x	as long as short