Settings8H · net · $10k
Funding arb · Price arb /

BLEND

all BLEND markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0152%/8h= −16.6% APRnext payment $0.76 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against MEXC−0.564%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,817as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,855as in the Price arb table
costs, in and out, $10k−$1,80718.070% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 4 days (all we have)+0.461%+$46 · spread now −0.564%, 7d avg −0.085%
Together, before fees+0.366%+$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.479% cheaper against MEXC than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.085%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BLEND_USDT0.067390.0100pay 0.0050% / 4h3h 51m$1.8M$164K50x
ShortKuCoin BLENDUSDTM0.06701−0.0052pay 0.0026% / 4h3h 51m$234K$213K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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

Funding earned
−$31.92
Price spread: −0.564% → −0.085%
−$47.92
Slippage, 4 orders
−$1,790.96
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,886.8
Costs to cover
18.070%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago28.24 bp41.9 bp −$4264.7 bp −$647339.0 bp −$33.9Kdoesn't fit
Sell KuCoin live order book, 20 min ago10.48 bp840.6 bp −$841doesn't fitdoesn't fitdoesn't fit

BLEND on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BLENDUSDTMshort−0.0052%4h0.06701−0.564%$234K$213K20x
Aster BLENDUSDT+0.0100%1h0.06740+0.015%$2K$3183xas long as short
Bybit BLENDUSDT+0.0100%4h0.06726−0.193%$840K$296K20xas long as short
OKX BLEND-USDT-SWAP+0.0100%4h0.06734−0.074%$183K$206K20xas long as short
Gate BLEND_USDT+0.0100%4h0.06718−0.312%$55K$17K20xas long as short
MEXC BLEND_USDTlong+0.0100%4h0.06739long leg$1.8M$164K50x
BingX BLEND-USDT+0.0100%4h0.06728−0.163%$1.6Mas long as short