Settings8H · net · $10k
Funding arb · Price arb /

DATA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BloFin+0.270%64s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.679% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−0.389%−$39 · spread now +0.270%, 7d avg −0.036%
Together, before fees−0.370%−$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.306% dearer against BloFin than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.036%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DATA-USDT0.2221−0.3080get 0.1540% / 4h2h 40m$119K$7K20x
ShortMEXC DATA_USDT0.2227−0.3058pay 0.1529% / 4h2h 40m$126K$274K20x

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

Funding earned
$4.54
Price spread: +0.270% → −0.036%
$30.6
Slippage, 4 orders
−$51.9
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$32.76
Costs to cover
0.679%
Break-even
57.5 days
Slippage from BloFin: live order book, 39 min ago; MEXC: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 39 min ago6.84 bp16.2 bp −$1667.4 bp −$674doesn't fitdoesn't fit
Sell MEXC live order book, 55 min ago6.80 bp13.1 bp −$1362.9 bp −$629494.5 bp −$49.5Kdoesn't fit

DATA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DATAUSDT−0.6335%4h0.2233+0.527%$1.2M$2.5M20xas long as short
Gate DATA_USDT−0.3294%4h0.2230+0.405%$114K$124K20xas long as short
BloFin DATA-USDTlong−0.3080%4h0.2221long leg$119K$7K20x
MEXC DATA_USDTshort−0.3058%4h0.2227+0.270%$126K$274K20x
OKX DATA-USDT-SWAP−0.3056%4h0.2225+0.180%$1.2M$9.6M20xas long as short
Extended DATA-USD−0.2168%1h0.2226+0.214%$927$605xas long as short
KuCoin DATAUSDTM−0.1446%4h0.2227+0.284%$256K$978K30xas long as short
Lighter DATA−0.0432%1h0.2232+0.495%$69K$276K10xas long as short
Bitget DATAUSDT−0.0164%4h0.2232+0.495%$676K$660K50xas long as short