BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.16 per $10,000 · paid last 24h +0.001%

Price spread now: MEXC against BloFin−0.119%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$540.540% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 3 days (all we have)+0.180%+$18 · spread now −0.119%, 7d avg −0.026%

Together, before fees+0.168%+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.093% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.026%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BASED-USDT	0.06727	0.0133	pay 0.0066% / 4h	2h 57m	$211K	$37K	25x
Short	MEXC BASED_USDT	0.06719	0.0100	get 0.0050% / 4h	2h 57m	$4.8M	$643K	50x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now −0.119%Rate

Funding earned: −$6.91
Price spread: −0.119% → −0.026%: −$9.29
Slippage, 4 orders: −$37.96
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$70.17
Costs to cover: 0.540%
Break-even: never at this rate

Slippage from BloFin: live order book, 26 min ago; MEXC: live order book, 5 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, 26 min ago	2.23 bp	16.7 bp −$17	49.6 bp −$496	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.74 bp	10.3 bp −$10	44.5 bp −$445	172.6 bp −$17.3K	609.0 bp −$304.5K

BASED on 15 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 BASEDUSDT	+0.0100%	4h	0.06719	−0.119%	$28K	$6K	5x	as long as short
Binance BASEDUSDT	+0.0100%	4h	0.06719	−0.113%	$4.1M	$2.9M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06708	−0.282%	$2.1M	$575K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06710	−0.253%	$2.6M	$3.3M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06717	−0.149%	$534K	$507K	50x	as long as short
MEXC BASED_USDTshort	+0.0100%	4h	0.06719	−0.119%	$4.8M	$643K	50x
KuCoin BASEDUSDTM	+0.0100%	4h	0.06715	−0.178%	$566K	$109K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06726	−0.015%	$1.3M	$362K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06714	−0.193%	—	$1.6M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06718	−0.140%	$92K	$21K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06729	+0.030%	$93K	$379K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06713	−0.208%	$1K	$790K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06719	−0.125%	$5K	$226K	5x	as long as short
BloFin BASED-USDTlong	+0.0133%	4h	0.06727	long leg	$211K	$37K	25x
Orderly PERP_BASED_USDC	+0.0239%	4h	0.06719	−0.119%	$3K	$745	10x	as long as short