Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against MEXC+0.087%109s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as 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−$500.496% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.087%, 7d avg +0.024%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.062% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.024%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.164% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BANK_USDT | 0.03460 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $2.5M | $451K | 20x |
| Short | BloFin BANK-USDT | 0.03463 | 0.0340 | get 0.0170% / 4h | 2h 53m | $446K | $89K | 50x |
MEXC BANK_USDT
BloFin BANK-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
- $50.4
- Price spread: +0.087% → +0.024%
- $6.23
- Slippage, 4 orders
- −$37.56
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $7.08
- Costs to cover
- 0.496%
- Break-even
- 6.0 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 17 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 | 4.31 bp | 11.8 bp −$12 | 41.5 bp −$415 | 96.5 bp −$9,654 | 371.4 bp −$185.7K |
| Sell BloFin live order book, 17 min ago | 1.43 bp | 13.8 bp −$14 | 33.4 bp −$334 | doesn't fit | doesn't fit |
BANK on 11 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 BANKUSDT | +0.0100% | 4h | 0.03456 | −0.107% | $55K | $99K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03460 | −0.014% | $7.5M | $29.6M | 50x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03456 | −0.116% | $716K | $1.2M | 10x | as long as short |
| MEXC BANK_USDTlong | +0.0100% | 4h | 0.03460 | long leg | $2.5M | $451K | 20x | |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03452 | −0.231% | $1.2M | $184K | 50x | as long as short |
| Bitget BANKUSDT | +0.0100% | 4h | 0.03458 | −0.058% | $2.7M | $3.5M | 25x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03481 | +0.607% | $40K | $204K | 20x | as long as short |
| edgeX BANKUSDC | +0.0103% | 4h | 0.03463 | +0.095% | $1K | $247K | 5x | as long as short |
| Bybit BANKUSDT | +0.0123% | 4h | 0.03453 | −0.202% | $2.9M | $6.2M | 20x | as long as short |
| BingX BANK-USDT | +0.0314% | 4h | 0.03452 | −0.231% | — | $6.9M | — | as long as short |
Aster BANKUSDT
Binance BANKUSDT
Gate BANK_USDT
KuCoin BANKUSDTM
Bitget BANKUSDT
HTX BANK-USDT
edgeX BANKUSDC
Bybit BANKUSDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDTshort | +0.0340% | 4h | 0.03463 | +0.087% | $446K | $89K | 50x |