Funding you earn now, next payment 12:00 UTC−0.0056%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin−0.242%109s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as 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−$760.761% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now −0.242%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.229% cheaper against BloFin than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 109 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 | BloFin BABY-USDT | 0.01240 | 0.0156 | pay 0.0078% / 4h | 3h 43m | $281K | $28K | 50x |
| Short | MEXC BABY_USDT | 0.01237 | 0.0100 | get 0.0050% / 4h | 3h 43m | $1.1M | $157K | 20x |
BloFin BABY-USDT
MEXC BABY_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.81
- Price spread: −0.242% → −0.013%
- −$22.89
- Slippage, 4 orders
- −$56.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$110.83
- Costs to cover
- 0.761%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 24 min ago; MEXC: 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 BloFin live order book, 24 min ago | 4.03 bp | 20.7 bp −$21 | 141.9 bp −$1,419 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 4.04 bp | 8.0 bp −$8 | 48.9 bp −$489 | 204.8 bp −$20.5K | 297.8 bp −$148.9K |
BABY 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BABY | +0.0100% | 1h | 0.01238 | −0.177% | $123K | $88K | 3x | as long as short |
| Aster BABYUSDT | +0.0100% | 4h | 0.01237 | −0.246% | $7K | $8K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01238 | −0.161% | $3.3M | $3.8M | 50x | as long as short |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01237 | −0.218% | $832K | $677K | 25x | as long as short |
| OKX BABY-USDT-SWAP | +0.0100% | 4h | 0.01236 | −0.290% | $375K | $495K | 10x | as long as short |
| Gate BABY_USDT | +0.0100% | 4h | 0.01237 | −0.242% | $140K | $66K | 50x | as long as short |
| MEXC BABY_USDTshort | +0.0100% | 4h | 0.01237 | −0.242% | $1.1M | $157K | 20x | |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01237 | −0.242% | $469K | $63K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01238 | −0.161% | $503K | $187K | 50x | as long as short |
| BingX BABY-USDT | +0.0100% | 4h | 0.01237 | −0.242% | — | $6.5M | — | as long as short |
Hyperliquid BABY
Aster BABYUSDT
Binance BABYUSDT
Bybit BABYUSDT
OKX BABY-USDT-SWAP
Gate BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDT
BingX BABY-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BABY-USD | +0.0104% | 1h | 0.01238 | −0.188% | $1K | $270K | 5x | as long as short |
| BloFin BABY-USDTlong | +0.0156% | 4h | 0.01240 | long leg | $281K | $28K | 50x |
Extended BABY-USD