Funding you earn now, next payment 08:00 UTC−0.1644%/8h= −180.0% APRnext payment −$8.22 per $10,000 · paid last 24h −0.975%
Price spread now: MEXC against BloFin+0.162%64s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.898%−$90 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. MEXC is 0.162% dearer against BloFin than usual: you sell high and buy low (spread +0.162% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$49 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.898% in total) that is about 30 hours. The two prices were read 64 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 -0.898% in total (about -46.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.22 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 | BloFin BIRB-USDT | 0.06807 | 0.1744 | pay 0.0872% / 4h | 40m 06s | $82K | $5K | 25x |
| Short | MEXC BIRB_USDT | 0.06818 | 0.0100 | get 0.0050% / 4h | 40m 06s | $137K | $100K | 50x |
BloFin BIRB-USDT
MEXC BIRB_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
- −$345.25
- Price spread: +0.162% → 0.000%
- $16.16
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$345.09
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 35 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 35 min ago | 1.47 bp | 13.6 bp −$14 | 68.1 bp −$681 | 228.1 bp −$22.8K | 724.0 bp −$362.0K |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BIRB on 9 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 BIRBUSDT | +0.0100% | 4h | 0.06815 | +0.114% | $15K | $16K | 5x | as long as short |
| Binance BIRBUSDT | +0.0100% | 4h | 0.06820 | +0.193% | $1.2M | $1.9M | 50x | as long as short |
| Gate BIRB_USDT | +0.0100% | 4h | 0.06816 | +0.132% | $49K | $70K | 20x | as long as short |
| MEXC BIRB_USDTshort | +0.0100% | 4h | 0.06818 | +0.162% | $137K | $100K | 50x | |
| KuCoin BIRBUSDTM | +0.0100% | 4h | 0.06830 | +0.338% | $83K | $36K | 20x | as long as short |
| Bitget BIRBUSDT | +0.0100% | 4h | 0.06810 | +0.044% | $422K | $127K | 20x | as long as short |
| BingX BIRB-USDT | +0.1646% | 4h | 0.06811 | +0.059% | — | $750K | — | as long as short |
| BloFin BIRB-USDTlong | +0.1744% | 4h | 0.06807 | long leg | $82K | $5K | 25x | |
| Bybit BIRBUSDT | +0.1758% | 4h | 0.06806 | −0.015% | $646K | $471K | 25x | as long as short |
Aster BIRBUSDT
Binance BIRBUSDT
Gate BIRB_USDT
KuCoin BIRBUSDTM
Bitget BIRBUSDT
BingX BIRB-USDT
Bybit BIRBUSDT