Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against MEXC0.000%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$690.691% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)+0.262%+$26 · spread now 0.000%, 7d avg +0.035%
=Funding pays, the price is against you. BloFin is 0.035% cheaper against MEXC than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.035%). If the spread goes back, that is −$4 on $10k: about 2.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.007% in total) that is about 36 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BARD_USDT | 0.1352 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $715K | $145K | 50x |
| Short | BloFin BARD-USDT | 0.1352 | 0.0140 | get 0.0070% / 4h | 1h 08m | $90K | $5K | 25x |
MEXC BARD_USDT
BloFin BARD-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
- $8.48
- Price spread: 0.000% → +0.035%
- −$3.51
- Slippage, 4 orders
- −$53.06
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$64.1
- Costs to cover
- 0.691%
- Break-even
- 59.9 days
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 64 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, 1 min ago | 3.70 bp | 7.6 bp −$8 | 52.1 bp −$521 | 329.2 bp −$32.9K | 855.1 bp −$427.6K |
| Sell BloFin live order book, 64 min ago | 3.69 bp | 15.8 bp −$16 | 83.2 bp −$832 | doesn't fit | doesn't fit |
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 | +0.0058% | 4h | 0.1352 | 0.000% | — | $6.5M | — | as long as short |
| Bybit BARDUSDT | +0.0092% | 4h | 0.1352 | +0.007% | $1.0M | $308K | 25x | as long as short |
| Aster BARDUSDT | +0.0100% | 4h | 0.1353 | +0.041% | $18K | $14K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1353 | +0.074% | $2.2M | $1.8M | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1352 | 0.000% | $711K | $954K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1351 | −0.074% | $191K | $44K | 20x | as long as short |
| MEXC BARD_USDTlong | +0.0100% | 4h | 0.1352 | long leg | $715K | $145K | 50x | |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1350 | −0.126% | $97K | $69K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1353 | +0.074% | $1.0M | $175K | 20x | as long as short |
| Variational Omni BARD | +0.0100% | 4h | 0.1351 | −0.073% | $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 | 0.1352 | −0.005% | $136K | $521K | 10x | as long as short |
| BloFin BARD-USDTshort | +0.0140% | 4h | 0.1352 | 0.000% | $90K | $5K | 25x |
GRVT BARD_USDT_Perp