Funding you earn now, next payment 08:00 UTC−0.0736%/8h= −80.6% APRnext payment −$3.68 per $10,000 · paid last 24h −0.088%
Price spread now: MEXC against BloFin+0.852%94s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as 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−$560.556% of the position
Funding, last 7 days−0.425%−$43 on $10k
+Price spread, last 4 days (all we have)−0.898%−$90 · spread now +0.852%, 7d avg +0.011%
=The price spread pays, funding is against you. MEXC is 0.841% dearer against BloFin than usual: you sell high and buy low (spread +0.852% now, against its 7-day average of +0.011%): +$84 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 7 days (−0.425% in total) that is about 14 days. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.425% in total (about -22.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.68 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 | BloFin CC-USDT | 0.1174 | 0.0340 | pay 0.0170% / 4h | 2h 19m | $594K | $98K | 75x |
| Short | MEXC CC_USDT | 0.1184 | −0.0396 | pay 0.0198% / 4h | 2h 19m | $1.8M | $342K | 100x |
BloFin CC-USDT
MEXC CC_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
- −$154.56
- Price spread: +0.852% → +0.011%
- $84.09
- Slippage, 4 orders
- −$39.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$126.04
- Costs to cover
- 0.556%
- Break-even
- from the start
Slippage from BloFin: live order book, 7 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, 7 min ago | 5.12 bp | 18.9 bp −$19 | 49.6 bp −$496 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.43 bp | 8.4 bp −$8 | 65.2 bp −$652 | 245.3 bp −$24.5K | 814.6 bp −$407.3K |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CC_USDTshort | −0.0396% | 4h | 0.1184 | +0.852% | $1.8M | $342K | 100x | |
| Bybit CCUSDT | −0.0385% | 4h | 0.1184 | +0.886% | $10.8M | $3.8M | 25x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | +0.537% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0085% | 8h | 0.1184 | +0.869% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1186 | +1.022% | $5.5M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1183 | +0.832% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1184 | +0.852% | $11.2M | $11.9M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1185 | +0.954% | $2.6M | $3.1M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1182 | +0.724% | $363K | $209K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1182 | +0.716% | $487K | $104K | 50x | as long as short |
Bybit CCUSDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1183 | +0.826% | $926K | $770K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1183 | +0.835% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1182 | +0.665% | $15K | $23K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1177 | +0.242% | $600K | $56K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1173 | −0.017% | $81K | $2.7M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1179 | +0.464% | $6K | $33K | 6.7x | as long as short |
| BloFin CC-USDTlong | +0.0340% | 4h | 0.1174 | long leg | $594K | $98K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0451% / S −0.0241% | 1h | 0.1180 | +0.564% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0672% | 1h | 0.1190 | +1.380% | $255K | $170K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
GMX CC/USD [WBTC.b-USDC]
Lighter CC