Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BloFin−0.148%7-day average −0.035% · 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−$86as in the Price arb table
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.114%−$11 · spread now −0.148%, 7d avg −0.035%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.112% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BARD-USDT | 0.1355 | 0.0149 | pay 0.0075% / 4h | 1h 33m | $119K | $5K | 25x |
| Short | MEXC BARD_USDT | 0.1353 | 0.0100 | get 0.0050% / 4h | 1h 33m | $715K | $144K | 50x |
BloFin BARD-USDT
MEXC BARD_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
- −$10.35
- Price spread: −0.148% → −0.035%
- −$11.25
- Slippage, 4 orders
- −$58.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$95.93
- Costs to cover
- 0.743%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 39 min ago; MEXC: live order book, 42 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, 39 min ago | 3.69 bp | 37.9 bp −$38 | 140.3 bp −$1,403 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 7.36 bp | 11.3 bp −$11 | 55.9 bp −$559 | 298.3 bp −$29.8K | 735.9 bp −$367.9K |
BARD 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BARD-USDT | +0.0070% | 4h | 0.1352 | −0.221% | — | $6.5M | — | as long as short |
| Bybit BARDUSDT | +0.0070% | 4h | 0.1353 | −0.177% | $1.0M | $307K | 25x | as long as short |
| Aster BARDUSDT | +0.0100% | 4h | 0.1353 | −0.148% | $18K | $14K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1353 | −0.148% | $2.2M | $1.8M | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1352 | −0.221% | $710K | $955K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1353 | −0.148% | $191K | $44K | 20x | as long as short |
| MEXC BARD_USDTshort | +0.0100% | 4h | 0.1353 | −0.148% | $715K | $144K | 50x | |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1351 | −0.258% | $96K | $68K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1352 | −0.221% | $1.0M | $174K | 20x | as long as short |
| Variational Omni BARD | +0.0100% | 4h | 0.1354 | −0.045% | $12K | $252 | — | as long as short |
BingX BARD-USDT
Bybit BARDUSDT
Aster BARDUSDT
Binance BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDT
Variational Omni BARDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1354 | −0.078% | $141K | $526K | 10x | as long as short |
| BloFin BARD-USDTlong | +0.0149% | 4h | 0.1355 | long leg | $119K | $5K | 25x |
GRVT BARD_USDT_Perp