Funding you earn now, next payment 04:00 UTC+0.2176%/8h= +238.3% APRnext payment +$10.88 per $10,000 · paid last 24h +0.793%
Price spread now: BloFin against MEXC−0.332%64s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.710%+$71 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.332% cheaper against MEXC than usual: you would sell low and buy high (spread −0.332% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 12 hours of funding at the current rate (+$65 a day). At the pace of the last 7 days (+0.710% in total) that is about 3.3 days. 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 0.710% in total (about 37.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.88 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 BIRB_USDT | 0.06923 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $138K | $98K | 50x |
| Short | BloFin BIRB-USDT | 0.06900 | 0.2276 | get 0.1138% / 4h | 3h 56m | $81K | $5K | 25x |
MEXC BIRB_USDT
BloFin BIRB-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
- $456.98
- Price spread: −0.332% → 0.000%
- −$33.22
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $407.75
- Costs to cover
- 0.160%
- Break-even
- 0.8 days
Slippage unknown: MEXC: live order book, 62 min ago; BloFin: no order-book sample. 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 MEXC live order book, 62 min ago | 2.88 bp | 10.8 bp −$11 | 62.6 bp −$626 | 251.4 bp −$25.1K | 826.1 bp −$413.0K |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 | 0.06924 | +0.013% | $16K | $17K | 5x | as long as short |
| Binance BIRBUSDT | +0.0100% | 4h | 0.06925 | +0.024% | $1.2M | $1.7M | 50x | as long as short |
| Gate BIRB_USDT | +0.0100% | 4h | 0.06915 | −0.116% | $60K | $55K | 20x | as long as short |
| MEXC BIRB_USDTlong | +0.0100% | 4h | 0.06923 | long leg | $138K | $98K | 50x | |
| KuCoin BIRBUSDTM | +0.0100% | 4h | 0.06926 | +0.043% | $77K | $42K | 20x | as long as short |
| Bitget BIRBUSDT | +0.0100% | 4h | 0.06916 | −0.101% | $436K | $198K | 20x | as long as short |
| BingX BIRB-USDT | +0.0100% | 4h | 0.06913 | −0.144% | — | $737K | — | as long as short |
| BloFin BIRB-USDTshort | +0.2276% | 4h | 0.06900 | −0.332% | $81K | $5K | 25x | |
| Bybit BIRBUSDT | +0.2380% | 4h | 0.06895 | −0.404% | $640K | $443K | 25x | as long as short |
Aster BIRBUSDT
Binance BIRBUSDT
Gate BIRB_USDT
KuCoin BIRBUSDTM
Bitget BIRBUSDT
BingX BIRB-USDT
Bybit BIRBUSDT