BLESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0522%/8h= −57.2% APRnext payment −$2.61 per $10,000 · paid last 24h −0.069%

Price spread now: KuCoin against MEXC−0.181%7-day average −0.237% · you buy dearer than you sell

Net, funding: paid 7d − costs−$480as in the Funding arb table

Net, price: spread back to 7d avg − costs−$454as in the Price arb table

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

Long on MEXC Short on KuCoin

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+0.008%+$1 · spread now −0.181%, 7d avg −0.237%

Together, before fees−0.196%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.056% dearer against MEXC than usual: you sell high and buy low (spread −0.181% now, against its 7-day average of −0.237%): +$6 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.204% in total) that is about 46 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 −$2.61 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 BLESS_USDT	0.009393	0.0710	pay 0.0355% / 4h	3h 58m	$7.3M	$622K	100x
Short	KuCoin BLESSUSDTM	0.009376	0.0188	get 0.0094% / 4h	3h 58m	$2.3M	$196K	40x

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

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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 KuCoinbpOrdersPrice spread, now −0.181%Rate

Funding earned: −$109.62
Price spread: −0.181% → −0.237%: $5.62
Slippage, 4 orders: −$447.85
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$563.84
Costs to cover: 4.598%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 8 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, 4 min ago	3.19 bp	9.0 bp −$9	40.9 bp −$409	286.6 bp −$28.7K	doesn't fit
Sell KuCoin live order book, 8 min ago	9.07 bp	58.5 bp −$59	786.4 bp −$7,864	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	−21.872%	$228K	$3K	10x	as long as short
Bybit BLESSUSDT	+0.0100%	4h	0.009374	−0.202%	$2.6M	$538K	13x	as long as short
Gate BLESS_USDT	+0.0100%	4h	0.009382	−0.117%	$891K	$745K	20x	as long as short
Variational Omni BLESS	+0.0100%	4h	0.009391	−0.024%	$9K	$2K	—	as long as short
SunX BLESS-USDT	+0.0100%	4h	0.009306	−0.926%	$2K	$695K	20x	as long as short
KuCoin BLESSUSDTMshort	+0.0188%	4h	0.009376	−0.181%	$2.3M	$196K	40x
Bitget BLESSUSDT	+0.0262%	4h	0.009378	−0.160%	$2.8M	$729K	10x	as long as short
BingX BLESS-USDT	+0.0668%	4h	0.009383	−0.106%	—	$6.7M	—	as long as short
BloFin BLESS-USDT	+0.0674%	4h	0.009423	+0.319%	$461K	$176K	40x	as long as short
MEXC BLESS_USDTlong	+0.0710%	4h	0.009393	long leg	$7.3M	$622K	100x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BLESSUSDT	+0.0714%	4h	0.009395	+0.021%	$4.6M	$3.5M	40x	as long as short
Aster BLESSUSDT	+0.0957%	4h	0.009389	−0.043%	$51K	$57K	5x	as long as short