Funding you earn now, next payment 12:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against MEXC+0.453%64s7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as 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−$1141.138% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.237%−$24 · spread now +0.453%, 7d avg +0.085%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.368% dearer against MEXC than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of +0.085%. 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 | MEXC CLO_USDT | 0.06400 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $557K | $150K | 50x |
| Short | BloFin CLO-USDT | 0.06429 | 0.0120 | get 0.0060% / 4h | 2h 20m | $256K | $73K | 10x |
MEXC CLO_USDT
BloFin CLO-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.2
- Price spread: +0.453% → +0.085%
- $36.78
- Slippage, 4 orders
- −$97.83
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$72.84
- Costs to cover
- 1.138%
- Break-even
- 128.3 days
Slippage from MEXC: live order book, 26 min ago; BloFin: live order book, 26 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, 26 min ago | 7.54 bp | 14.1 bp −$14 | 141.6 bp −$1,416 | 467.9 bp −$46.8K | 1022.3 bp −$511.2K |
| Sell BloFin live order book, 26 min ago | 12.81 bp | 44.9 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
CLO 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 CLOUSDT | +0.0100% | 4h | 0.06402 | +0.031% | $4.1M | $5.8M | 10x | as long as short |
| Bybit CLOUSDT | +0.0100% | 4h | 0.06395 | −0.078% | $728K | $927K | 20x | as long as short |
| MEXC CLO_USDTlong | +0.0100% | 4h | 0.06400 | long leg | $557K | $150K | 50x | |
| KuCoin CLOUSDTM | +0.0100% | 4h | 0.06390 | −0.156% | $980K | $12.4M | 10x | as long as short |
| BingX CLO-USDT | +0.0100% | 4h | 0.06404 | +0.062% | — | $1.4M | — | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06397 | −0.047% | $1K | $2.0M | 20x | as long as short |
| BloFin CLO-USDTshort | +0.0120% | 4h | 0.06429 | +0.453% | $256K | $73K | 10x | |
| Gate CLO_USDT | +0.0196% | 8h | 0.06428 | +0.438% | $482K | $908K | 20x | as long as short |
| Aster CLOUSDT | +0.0235% | 4h | 0.06398 | −0.037% | $31K | $92K | 5x | as long as short |
Binance CLOUSDT
Bybit CLOUSDT
KuCoin CLOUSDTM
BingX CLO-USDT
SunX CLO-USDT
Gate CLO_USDT
Aster CLOUSDT