Funding you earn now, next payment 16:00 UTC+0.0128%/8h= +14.0% APRnext payment +$1.28 per $10,000 · paid last 24h +0.052%
Price spread now: BloFin against MEXC+0.329%64s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as 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−$280.279% of the position
Funding, last 7 days+0.245%+$25 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.329%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.314% dearer against MEXC than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.015%. The two prices were read 64 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 ARB_USDT | 0.2187 | −0.0068 | get 0.0068% / 8h | 7h 56m | $42.4M | $62.4M | 200x |
| Short | BloFin ARB-USDT | 0.2194 | 0.0060 | get 0.0060% / 8h | 7h 56m | $3.0M | $2.3M | 75x |
MEXC ARB_USDT
BloFin ARB-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
- $26.78
- Price spread: +0.329% → +0.015%
- $31.4
- Slippage, 4 orders
- −$15.89
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $30.29
- Costs to cover
- 0.279%
- Break-even
- from the start
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 2 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, 3 min ago | 0.23 bp | 0.9 bp −$1 | 2.7 bp −$27 | 22.3 bp −$2,235 | 57.2 bp −$28.6K |
| Sell BloFin live order book, 2 min ago | 0.23 bp | 13.5 bp −$14 | 22.1 bp −$221 | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1605% | 1h | 0.2179 | −0.375% | $39K | $372K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0169% | 1h | 0.2187 | +0.003% | $1.1M | $4.3M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0128% | 1h | 0.2190 | +0.114% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0068% | 8h | 0.2185 | −0.096% | $22.1M | $145.1M | 50x | as long as short |
| MEXC ARB_USDTlong | −0.0068% | 8h | 0.2187 | long leg | $42.4M | $62.4M | 200x | |
| SoDEX ARB-USD | −0.0050% | 1h | 0.2186 | −0.050% | $9K | $2.2M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2188 | +0.037% | $16K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2190 | +0.151% | $65K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2188 | +0.059% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2188 | +0.057% | $73K | — | 150x | as long as short |
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Orderly PERP_ARB_USDC
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | +0.0006% | 8h | 0.2187 | +0.008% | $63.1M | $299.3M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2186 | −0.056% | $364K | $3.1M | 25x | as long as short |
| Gate ARB_USDT | +0.0010% | 8h | 0.2187 | +0.005% | $5.4M | $18.0M | 60x | as long as short |
| Variational Omni ARB | +0.0029% | 8h | 0.2187 | −0.025% | $1.8M | $3.0M | — | as long as short |
| BloFin ARB-USDTshort | +0.0060% | 8h | 0.2194 | +0.329% | $3.0M | $2.3M | 75x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2189 | +0.067% | $139K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0087% | 8h | 0.2185 | −0.101% | $21.1M | $34.7M | 50x | as long as short |
| BingX ARB-USDC | +0.0087% | 8h | 0.2187 | +0.005% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2187 | −0.018% | $1.3M | $5.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2190 | +0.123% | $36.6M | $49.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2189 | +0.103% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2191 | +0.161% | $43K | $146K | 10x | as long as short |
| Bybit ARBUSDT | +0.0100% | 8h | 0.2186 | −0.064% | $53.2M | $125.9M | 50x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2188 | +0.059% | $19.5M | $13.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2187 | −0.015% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2186 | −0.042% | $465K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2187 | −0.009% | $118K | $268K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2190 | +0.133% | $73K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2190 | +0.128% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2190 | +0.128% | $294K | $836K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2187 | −0.009% | $4.8M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2189 | +0.096% | $512K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2188 | +0.033% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2188 | +0.040% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0296% | 1h | 0.2188 | +0.037% | $978K | $2.8M | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2195 | +0.357% | $524K | $1.5M | 50x | as long as short |
Binance ARBUSDT
Extended ARB-USD
Gate ARB_USDT
Variational Omni ARB
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Bybit ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
Coinbase International ARB-PERP-INTX