BLESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0514%/8h= +56.3% APRnext payment +$2.57 per $10,000 · paid last 24h +0.069%

Price spread now: MEXC against KuCoin+0.202%7-day average +0.237% · you sell dearer than you buy

Net, funding: paid 7d − costs−$439as in the Funding arb table

Net, price: spread back to 7d avg − costs−$463as in the Price arb table

costs, in and out, $10k−$4604.598% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.204%+$20 on $10k

Price spread, last 7 days−0.029%−$3 · spread now +0.202%, 7d avg +0.237%

Together, before fees+0.175%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.035% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.202% now, against its 7-day average of +0.237%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.204% in total) that is about 29 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.204% in total (about 10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.57 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	KuCoin BLESSUSDTM	0.009402	0.0188	pay 0.0094% / 4h	3h 59m	$2.3M	$197K	40x
Short	MEXC BLESS_USDT	0.009421	0.0702	get 0.0351% / 4h	3h 59m	$7.3M	$621K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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 KuCoinbpFee MEXCbpOrdersPrice spread, now +0.202%Rate

Funding earned: $107.94
Price spread: +0.202% → +0.237%: −$3.51
Slippage, 4 orders: −$447.85
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$355.42
Costs to cover: 4.598%
Break-even: 30.0 days

Slippage from KuCoin: live order book, 7 min ago; MEXC: live order book, 3 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 KuCoin live order book, 7 min ago	9.07 bp	383.6 bp −$384	1072.9 bp −$10.7K	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	3.19 bp	8.7 bp −$9	45.3 bp −$453	320.3 bp −$32.0K	doesn't fit

BLESS 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
GRVT BLESS_USDT_Perp	0.0000%	4h	0.007339	−21.946%	$228K	$3K	10x	as long as short
Bybit BLESSUSDT	+0.0100%	4h	0.009388	−0.149%	$2.6M	$538K	13x	as long as short
Variational Omni BLESS	+0.0100%	4h	0.009391	−0.120%	$9K	$2K	—	as long as short
SunX BLESS-USDT	+0.0100%	4h	0.009337	−0.691%	$2K	$694K	20x	as long as short
KuCoin BLESSUSDTMlong	+0.0188%	4h	0.009402	long leg	$2.3M	$197K	40x
Bitget BLESSUSDT	+0.0266%	4h	0.009384	−0.191%	$2.8M	$729K	10x	as long as short
Gate BLESS_USDT	+0.0584%	4h	0.009395	−0.074%	$892K	$744K	20x	as long as short
BingX BLESS-USDT	+0.0668%	4h	0.009392	−0.106%	—	$6.7M	—	as long as short
BloFin BLESS-USDT	+0.0688%	4h	0.009417	+0.160%	$460K	$176K	40x	as long as short
MEXC BLESS_USDTshort	+0.0702%	4h	0.009421	+0.202%	$7.3M	$621K	100x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BLESSUSDT	+0.0711%	4h	0.009388	−0.149%	$4.5M	$3.5M	40x	as long as short
Aster BLESSUSDT	+0.0963%	4h	0.009403	+0.006%	$51K	$57K	5x	as long as short