CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.008%

Price spread now: MEXC against BloFin+0.065%64s7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as 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−$560.565% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)−0.282%−$28 · spread now +0.065%, 7d avg +0.004%

Together, before fees−0.265%−$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.061% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.004%. 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	BloFin CAP-USDT	0.04633	0.0041	pay 0.0020% / 4h	2h 38m	$361K	$60K	10x
Short	MEXC CAP_USDT	0.04636	0.0100	get 0.0050% / 4h	2h 38m	$547K	$217K	20x

Funding 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 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 BloFinbpFee MEXCbpOrdersPrice spread, now +0.065%Rate

Funding earned: $12.46
Price spread: +0.065% → +0.004%: $6.08
Slippage, 4 orders: −$36.48
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$37.95
Costs to cover: 0.565%
Break-even: 28.3 days

Slippage from BloFin: live order book, 52 min ago; MEXC: live order book, 2 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, 52 min ago	2.15 bp	18.7 bp −$19	61.2 bp −$612	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.08 bp	10.6 bp −$11	54.4 bp −$544	248.4 bp −$24.8K	548.0 bp −$274.0K

CAP on 14 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
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04634	+0.027%	—	—	150x	as long as short
BloFin CAP-USDTlong	+0.0041%	4h	0.04633	long leg	$361K	$60K	10x
BingX CAP-USDT	+0.0070%	4h	0.04634	+0.022%	—	$1.6M	—	as long as short
Lighter CAP	+0.0096%	1h	0.04637	+0.082%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04634	+0.027%	$25K	$58K	5x	as long as short
Binance CAPUSDT	+0.0100%	4h	0.04635	+0.034%	$8.7M	$8.1M	10x	as long as short
Bybit CAPUSDT	+0.0100%	4h	0.04633	0.000%	$4.4M	$3.8M	10x	as long as short
Gate CAP_USDT	+0.0100%	4h	0.04634	+0.022%	$321K	$1.1M	20x	as long as short
MEXC CAP_USDTshort	+0.0100%	4h	0.04636	+0.065%	$547K	$217K	20x
KuCoin CAPUSDTM	+0.0100%	4h	0.04632	−0.022%	$4.3M	$1.3M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CAPUSDT	+0.0100%	4h	0.04634	+0.022%	$1.0M	$600K	10x	as long as short
Variational Omni CAP	+0.0100%	4h	0.04647	+0.307%	$8K	$8K	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04636	+0.054%	$4K	$2K	10x	as long as short
OKX CAP-USDT-SWAP	+0.0214%	4h	0.04637	+0.086%	$1.9M	$7.1M	10x	as long as short