Funding you earn now, next payment 12:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BloFin−0.223%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$820.824% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.343%+$34 · spread now −0.223%, 7d avg −0.021%
=Funding pays, the price is against you. MEXC is 0.202% cheaper against BloFin than usual: you would sell low and buy high (spread −0.223% now, against its 7-day average of −0.021%). If the spread goes back, that is −$20 on $10k: about 20 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.035% in total) that is about 40 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CFG-USDT | 0.1345 | 0.0066 | pay 0.0033% / 4h | 9m 11s | $172K | $43K | 50x |
| Short | MEXC CFG_USDT | 0.1342 | 0.0100 | get 0.0050% / 4h | 9m 11s | $457K | $148K | 20x |
BloFin CFG-USDT
MEXC CFG_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
- $7.15
- Price spread: −0.223% → −0.021%
- −$20.2
- Slippage, 4 orders
- −$62.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$95.43
- Costs to cover
- 0.824%
- Break-even
- 100.5 days
Slippage from BloFin: live order book, 23 min ago; MEXC: live order book, 23 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, 23 min ago | 7.52 bp | 28.4 bp −$28 | 83.4 bp −$834 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 23 min ago | 3.76 bp | 14.1 bp −$14 | 58.4 bp −$584 | 551.2 bp −$55.1K | doesn't fit |
CFG on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CFG-USDTlong | +0.0066% | 4h | 0.1345 | long leg | $172K | $43K | 50x | |
| Aster CFGUSDT | +0.0100% | 4h | 0.1342 | −0.223% | $7K | $42K | 10x | as long as short |
| Binance CFGUSDT | +0.0100% | 4h | 0.1342 | −0.192% | $2.7M | $7.5M | 50x | as long as short |
| Bybit CFGUSDT | +0.0100% | 4h | 0.1343 | −0.149% | $2.2M | $2.1M | 25x | as long as short |
| Gate CFG_USDT | +0.0100% | 4h | 0.1343 | −0.126% | $535K | $343K | 20x | as long as short |
| MEXC CFG_USDTshort | +0.0100% | 4h | 0.1342 | −0.223% | $457K | $148K | 20x | |
| KuCoin CFGUSDTM | +0.0100% | 4h | 0.1343 | −0.149% | $352K | $146K | 20x | as long as short |
| Bitget CFGUSDT | +0.0100% | 4h | 0.1344 | −0.097% | $945K | $860K | 20x | as long as short |
| BingX CFG-USDT | +0.0100% | 4h | 0.1343 | −0.149% | — | $1.7M | — | as long as short |
| SunX CFG-USDT | +0.0100% | 4h | 0.1345 | 0.000% | $2K | $995K | 20x | as long as short |
Aster CFGUSDT
Binance CFGUSDT
Bybit CFGUSDT
Gate CFG_USDT
KuCoin CFGUSDTM
Bitget CFGUSDT
BingX CFG-USDT
SunX CFG-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CFG-USD | +0.0104% | 1h | 0.1345 | +0.007% | $28K | $258K | 5x | as long as short |
| Kraken Futures PF_CFGUSD | +0.0469% | 1h | 0.1343 | −0.126% | $12K | $5K | 10x | as long as short |
Extended CFG-USD
Kraken Futures PF_CFGUSD