BLESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against MEXC−0.191%64s7-day average +0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$680.684% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 3 days (all we have)+0.472%+$47 · spread now −0.191%, 7d avg +0.069%

Together, before fees+0.480%+$48 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.260% cheaper against MEXC than usual: you would sell low and buy high (spread −0.191% now, against its 7-day average of +0.069%). If the spread goes back, that is −$26 on $10k: about 2 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.008% in total) that is about 8 months. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BLESS_USDT	0.009432	0.0724	pay 0.0362% / 4h	3h 14m	$7.4M	$650K	100x
Short	BloFin BLESS-USDT	0.009414	0.0736	get 0.0368% / 4h	3h 14m	$463K	$180K	40x

Funding 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 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.191%Rate

Funding earned: $2.46
Price spread: −0.191% → +0.069%: −$26.02
Slippage, 4 orders: −$56.44
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$92
Costs to cover: 0.684%
Break-even: 268.5 days

Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 56 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 MEXC live order book, 3 min ago	2.65 bp	8.7 bp −$9	36.8 bp −$368	227.4 bp −$22.7K	doesn't fit
Sell BloFin live order book, 56 min ago	3.20 bp	28.8 bp −$29	doesn't fit	doesn't fit	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	−22.193%	$228K	$3K	10x	as long as short
Bybit BLESSUSDT	+0.0100%	4h	0.009405	−0.286%	$2.6M	$527K	13x	as long as short
Variational Omni BLESS	+0.0100%	4h	0.009394	−0.408%	$9K	$1K	—	as long as short
SunX BLESS-USDT	+0.0100%	4h	0.009342	−0.954%	$2K	$703K	20x	as long as short
KuCoin BLESSUSDTM	+0.0126%	4h	0.009387	−0.477%	$2.4M	$205K	40x	as long as short
Bitget BLESSUSDT	+0.0364%	4h	0.009418	−0.148%	$2.8M	$714K	10x	as long as short
Gate BLESS_USDT	+0.0414%	4h	0.009401	−0.329%	$892K	$762K	20x	as long as short
BingX BLESS-USDT	+0.0690%	4h	0.009404	−0.297%	—	$6.7M	—	as long as short
MEXC BLESS_USDTlong	+0.0724%	4h	0.009432	long leg	$7.4M	$650K	100x
Binance BLESSUSDT	+0.0728%	4h	0.009429	−0.027%	$4.6M	$3.5M	40x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BLESS-USDTshort	+0.0736%	4h	0.009414	−0.191%	$463K	$180K	40x
Aster BLESSUSDT	+0.0915%	4h	0.009400	−0.339%	$51K	$56K	5x	as long as short