Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against MEXC−0.043%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)+0.198%+$20 · spread now −0.043%, 7d avg +0.010%
=Funding pays, the price is against you. BloFin is 0.052% cheaper against MEXC than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.010%). If the spread goes back, that is −$5 on $10k: about 8.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.011% in total) that is about 35 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ESP_USDT | 0.09398 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $1.2M | $106K | 20x |
| Short | BloFin ESP-USDT | 0.09394 | 0.0120 | get 0.0060% / 4h | 3h 40m | $122K | $34K | 25x |
MEXC ESP_USDT
BloFin ESP-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
- $4.18
- Price spread: −0.043% → +0.010%
- −$5.24
- Slippage, 4 orders
- −$38.81
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$55.87
- Costs to cover
- 0.548%
- Break-even
- 100.6 days
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 15 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 | 1.06 bp | 10.4 bp −$10 | 58.5 bp −$585 | 458.0 bp −$45.8K | doesn't fit |
| Sell BloFin live order book, 15 min ago | 2.13 bp | 12.4 bp −$12 | 36.6 bp −$366 | doesn't fit | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ESPUSDT | +0.0100% | 4h | 0.09394 | −0.040% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09401 | +0.032% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09399 | +0.011% | $596K | $1.2M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09399 | +0.011% | $169K | $599K | 50x | as long as short |
| MEXC ESP_USDTlong | +0.0100% | 4h | 0.09398 | long leg | $1.2M | $106K | 20x | |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09402 | +0.043% | $1.5M | $51K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09399 | +0.015% | $949K | $147K | 20x | as long as short |
| edgeX ESPUSDC | +0.0114% | 4h | 0.09406 | +0.084% | $29K | $269K | 10x | as long as short |
| BloFin ESP-USDTshort | +0.0120% | 4h | 0.09394 | −0.043% | $122K | $34K | 25x | |
| BingX ESP-USDT | +0.2130% | 4h | 0.09395 | −0.032% | — | $1.7M | — | as long as short |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.3857% | 4h | 0.09381 | −0.181% | $1.1M | $598K | 50x | as long as short |
Bybit ESPUSDT