Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.14 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against MEXC−0.074%49s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as 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−$650.650% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.074%, 7d avg −0.001%
=Funding pays, the price is against you. BloFin is 0.073% cheaper against MEXC than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.001%). If the spread goes back, that is −$7 on $10k: about 17 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.008% in total) that is about 2 months. The two prices were read 49 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 ARPA_USDT | 0.01078 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $270K | $121K | 125x |
| Short | BloFin ARPA-USDT | 0.01077 | 0.0114 | get 0.0114% / 8h | 3h 30m | $137K | $18K | 50x |
MEXC ARPA_USDT
BloFin ARPA-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
- $2.98
- Price spread: −0.074% → −0.001%
- −$7.33
- Slippage, 4 orders
- −$49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$69.35
- Costs to cover
- 0.650%
- Break-even
- 170.2 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 51 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 | 2.32 bp | 10.5 bp −$11 | 46.0 bp −$460 | 66.0 bp −$6,603 | 103.9 bp −$52.0K |
| Sell BloFin live order book, 51 min ago | 4.65 bp | 25.0 bp −$25 | 76.8 bp −$768 | doesn't fit | doesn't fit |
ARPA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARPAUSDT | +0.0100% | 8h | 0.01079 | +0.069% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01078 | 0.000% | $2.1M | $1.5M | 50x | as long as short |
| Bybit ARPAUSDT | +0.0100% | 8h | 0.01078 | 0.000% | $272K | $189K | 25x | as long as short |
| Gate ARPA_USDT | +0.0100% | 8h | 0.01078 | +0.019% | $68K | $139K | 25x | as long as short |
| MEXC ARPA_USDTlong | +0.0100% | 8h | 0.01078 | long leg | $270K | $121K | 125x | |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01078 | +0.009% | $278K | $203K | 30x | as long as short |
| Bitget ARPAUSDT | +0.0100% | 8h | 0.01078 | −0.019% | $481K | $244K | 50x | as long as short |
| BingX ARPA-USDT | +0.0100% | 8h | 0.01078 | −0.019% | — | $1.2M | — | as long as short |
| Variational Omni ARPA | +0.0100% | 8h | 0.01078 | −0.017% | $8K | $107 | — | as long as short |
| BloFin ARPA-USDTshort | +0.0114% | 8h | 0.01077 | −0.074% | $137K | $18K | 50x |
Aster ARPAUSDT
Binance ARPAUSDT
Bybit ARPAUSDT
Gate ARPA_USDT
KuCoin ARPAUSDTM
Bitget ARPAUSDT
BingX ARPA-USDT
Variational Omni ARPA