Settings8H · net · $10k
Funding arb · Price arb /

APR

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BloFin−0.070%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$880.876% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)−0.315%−$31 · spread now −0.070%, 7d avg −0.060%
Together, before fees−0.299%−$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APR-USDT0.14330.0089pay 0.0045% / 4h50m 46s$247K$124K50x
ShortMEXC APR_USDT0.14320.0100get 0.0050% / 4h50m 46s$364K$148K50x

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

Profit calculator

Funding earned
$2.29
Price spread: −0.070% → −0.060%
−$0.96
Slippage, 4 orders
−$67.64
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$86.32
Costs to cover
0.876%
Break-even
271.0 days
Slippage from BloFin: live order book, 49 min ago; MEXC: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 49 min ago6.97 bp31.9 bp −$32154.1 bp −$1,541doesn't fitdoesn't fit
Sell MEXC live order book, 46 min ago3.49 bp13.9 bp −$1480.5 bp −$805259.4 bp −$25.9K760.6 bp −$380.3K

APR on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin APR-USDTlong+0.0089%4h0.1433long leg$247K$124K50x
Binance APRUSDT+0.0100%4h0.1432−0.094%$6.5M$4.5M50xas long as short
Bybit APRUSDT+0.0100%4h0.1432−0.098%$1.4M$580K20xas long as short
OKX APR-USDT-SWAP+0.0100%4h0.1432−0.070%$1.2M$2.2M20xas long as short
Gate APR_USDT+0.0100%4h0.1432−0.098%$679K$198K25xas long as short
MEXC APR_USDTshort+0.0100%4h0.1432−0.070%$364K$148K50x
Bitget APRUSDT+0.0100%4h0.1432−0.035%$3.8M$1.0M50xas long as short
BingX APR-USDT+0.0100%4h0.1430−0.209%$1.3Mas long as short
SunX APR-USDT+0.0100%4h0.1433+0.007%$1K$1.1M20xas long as short
HTX APR-USDT+0.0100%4h0.14330.000%$15K$41K20xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APRUSDT+0.0407%4h0.1429−0.262%$69K$66K5xas long as short
KuCoin APRUSDTM+0.0658%4h0.1431−0.133%$2.3M$316K50xas long as short