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: BloFin against MEXC−0.086%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$560.565% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.304%+$30 · spread now −0.086%, 7d avg −0.004%

Together, before fees+0.287%+$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.082% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.004%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CAP_USDT	0.04637	0.0100	pay 0.0050% / 4h	2h 38m	$547K	$217K	20x
Short	BloFin CAP-USDT	0.04633	0.0041	get 0.0020% / 4h	2h 38m	$361K	$60K	10x

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 −0.086%Rate

Funding earned: −$12.46
Price spread: −0.086% → −0.004%: −$8.23
Slippage, 4 orders: −$36.48
Fee MEXC: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$77.17
Costs to cover: 0.565%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 52 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, 1 min ago	1.08 bp	10.5 bp −$10	48.8 bp −$488	236.8 bp −$23.7K	576.1 bp −$288.0K
Sell BloFin live order book, 52 min ago	2.15 bp	16.7 bp −$17	59.4 bp −$594	doesn't fit	doesn't fit

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	0.04631	−0.130%	—	—	150x	as long as short
BloFin CAP-USDTshort	+0.0041%	4h	0.04633	−0.086%	$361K	$60K	10x
BingX CAP-USDT	+0.0070%	4h	0.04636	−0.022%	—	$1.6M	—	as long as short
Lighter CAP	+0.0096%	1h	0.04637	−0.006%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04635	−0.050%	$25K	$58K	5x	as long as short
Binance CAPUSDT	+0.0100%	4h	0.04637	0.000%	$8.7M	$8.1M	10x	as long as short
Bybit CAPUSDT	+0.0100%	4h	0.04636	−0.022%	$4.4M	$3.8M	10x	as long as short
Gate CAP_USDT	+0.0100%	4h	0.04634	−0.065%	$321K	$1.1M	20x	as long as short
MEXC CAP_USDTlong	+0.0100%	4h	0.04637	long leg	$547K	$217K	20x
KuCoin CAPUSDTM	+0.0100%	4h	0.04634	−0.065%	$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	−0.065%	$1.0M	$600K	10x	as long as short
Variational Omni CAP	+0.0100%	4h	0.04647	+0.221%	$8K	$8K	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04634	−0.073%	$4K	$2K	10x	as long as short
OKX CAP-USDT-SWAP	+0.0210%	4h	0.04640	+0.065%	$1.9M	$7.1M	10x	as long as short