Funding you earn now, next payment 04:00 UTC−0.0035%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC+0.078%94s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as 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−$990.994% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.078%, 7d avg +0.016%
=The price spread pays, funding is against you. BloFin is 0.062% dearer against MEXC than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.016%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.9 days. At the pace of the last 7 days (−0.011% in total) that is about 41 days. The two prices were read 94 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 AWE_USDT | 0.06410 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $1.1M | $132K | 20x |
| Short | BloFin AWE-USDT | 0.06415 | 0.0065 | get 0.0032% / 4h | 1h 37m | $144K | $27K | 40x |
MEXC AWE_USDT
BloFin AWE-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
- −$7.4
- Price spread: +0.078% → +0.016%
- $6.19
- Slippage, 4 orders
- −$83.41
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$100.62
- Costs to cover
- 0.994%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; BloFin: live order book, 74 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, 9 min ago | 3.90 bp | 18.5 bp −$18 | 58.0 bp −$580 | 165.4 bp −$16.5K | doesn't fit |
| Sell BloFin live order book, 74 min ago | 1.56 bp | 31.7 bp −$32 | 104.7 bp −$1,047 | doesn't fit | doesn't fit |
AWE on 9 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 AWE-USDTshort | +0.0065% | 4h | 0.06415 | +0.078% | $144K | $27K | 40x | |
| Aster AWEUSDT | +0.0100% | 4h | 0.06407 | −0.051% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06411 | +0.018% | $2.2M | $1.4M | 40x | as long as short |
| Bybit AWEUSDT | +0.0100% | 4h | 0.06421 | +0.172% | $538K | $224K | 25x | as long as short |
| MEXC AWE_USDTlong | +0.0100% | 4h | 0.06410 | long leg | $1.1M | $132K | 20x | |
| Bitget AWEUSDT | +0.0100% | 4h | 0.06413 | +0.051% | $450K | $264K | 40x | as long as short |
| BingX AWE-USDT | +0.0100% | 4h | 0.06419 | +0.140% | — | $6.5M | — | as long as short |
| KuCoin AWEUSDTM | +0.0424% | 4h | 0.06413 | +0.047% | $148K | $60K | 20x | as long as short |
| Gate AWE_USDT | +0.0972% | 8h | 0.06409 | −0.016% | $46K | $35K | 25x | as long as short |
Aster AWEUSDT
Binance AWEUSDT
Bybit AWEUSDT
Bitget AWEUSDT
BingX AWE-USDT
KuCoin AWEUSDTM
Gate AWE_USDT