API3

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.011%

Price spread now: BloFin against MEXC+0.154%79s7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as 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−$590.595% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 3 days (all we have)−0.195%−$19 · spread now +0.154%, 7d avg −0.005%

Together, before fees−0.220%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.160% dearer against MEXC than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of −0.005%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.5 days. At the pace of the last 7 days (−0.025% in total) that is about 45 days. 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 API3_USDT	0.2594	0.0100	pay 0.0050% / 4h	33m 52s	$452K	$244K	50x
Short	BloFin API3-USDT	0.2598	0.0044	get 0.0022% / 4h	33m 52s	$137K	$35K	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 +0.154%Rate

Funding earned: −$11.75
Price spread: +0.154% → −0.005%: $15.96
Slippage, 4 orders: −$39.48
Fee MEXC: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$55.27
Costs to cover: 0.595%
Break-even: never at this rate

Slippage from MEXC: live order book, 35 min ago; BloFin: live order book, 27 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, 35 min ago	1.93 bp	11.6 bp −$12	32.7 bp −$327	129.9 bp −$13.0K	279.3 bp −$139.7K
Sell BloFin live order book, 27 min ago	1.93 bp	21.9 bp −$22	71.7 bp −$717	doesn't fit	doesn't fit

API3 on 12 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
BloFin API3-USDTshort	+0.0044%	4h	0.2598	+0.154%	$137K	$35K	50x
Aster API3USDT	+0.0100%	4h	0.2596	+0.073%	$2K	$4K	5x	as long as short
Binance API3USDT	+0.0100%	4h	0.2594	0.000%	$2.6M	$2.0M	50x	as long as short
Bybit API3USDT	+0.0100%	4h	0.2597	+0.116%	$977K	$393K	25x	as long as short
OKX API3-USDT-SWAP	+0.0100%	4h	0.2596	+0.077%	$647K	$511K	10x	as long as short
Gate API3_USDT	+0.0100%	8h	0.2598	+0.154%	$136K	$85K	50x	as long as short
MEXC API3_USDTlong	+0.0100%	4h	0.2594	long leg	$452K	$244K	50x
KuCoin API3USDTM	+0.0100%	4h	0.2595	+0.039%	$1.0M	$272K	30x	as long as short
Bitget API3USDT	+0.0100%	4h	0.2595	+0.039%	$658K	$210K	20x	as long as short
BingX API3-USDT	+0.0100%	4h	0.2597	+0.116%	—	$6.7M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni API3	+0.0100%	4h	0.2598	+0.143%	$6K	$1	—	as long as short
Kraken Futures PF_API3USD	+0.0603%	1h	0.2598	+0.153%	$13K	$2K	10x	as long as short