Funding you earn now, next payment 16:00 UTC−0.0003%/8h= −0.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BloFin−0.547%49s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as 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−$640.641% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.702%+$70 · spread now −0.547%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.544% cheaper against BloFin than usual: you would sell low and buy high, −$54 on $10k if it goes back to its 7-day average of −0.003%. The two prices were read 49 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 | BloFin C98-USDT | 0.01644 | 0.0103 | pay 0.0103% / 8h | 4h 52m | $140K | $9K | 50x |
| Short | MEXC C98_USDT | 0.01635 | 0.0100 | get 0.0100% / 8h | 4h 52m | $279K | $103K | 100x |
BloFin C98-USDT
MEXC C98_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$0.7
- Price spread: −0.547% → −0.003%
- −$54.43
- Slippage, 4 orders
- −$48.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$119.22
- Costs to cover
- 0.641%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 44 min ago; MEXC: live order book, 44 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 BloFin live order book, 44 min ago | 6.07 bp | 25.4 bp −$25 | 98.5 bp −$985 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 44 min ago | 3.03 bp | 7.9 bp −$8 | 66.4 bp −$664 | 289.9 bp −$29.0K | 609.3 bp −$304.6K |
C98 on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance C98USDT | +0.0100% | 8h | 0.01635 | −0.547% | $1.4M | $1.9M | 50x | as long as short |
| Bybit C98USDT | +0.0100% | 8h | 0.01636 | −0.505% | $859K | $244K | 25x | as long as short |
| Gate C98_USDT | +0.0100% | 8h | 0.01641 | −0.182% | $107K | $53K | 25x | as long as short |
| MEXC C98_USDTshort | +0.0100% | 8h | 0.01635 | −0.547% | $279K | $103K | 100x | |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01638 | −0.365% | $196K | $33K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01635 | −0.547% | $184K | $314K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01648 | +0.247% | $8K | $1 | — | as long as short |
| BloFin C98-USDTlong | +0.0103% | 8h | 0.01644 | long leg | $140K | $9K | 50x | |
| Kraken Futures PF_C98USD | +0.1564% | 1h | 0.01640 | −0.235% | $15K | $2K | 10x | as long as short |
Binance C98USDT
Bybit C98USDT
Gate C98_USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98
Kraken Futures PF_C98USD