Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against MEXC+0.113%49s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as 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−$290.288% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 3 days (all we have)−0.453%−$45 · spread now +0.113%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.102% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 49 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 ETC_USDT | 8.8670 | 0.0100 | pay 0.0100% / 8h | 1h 10m | $7.5M | $32.4M | 200x |
| Short | BloFin ETC-USDT | 8.8770 | 0.0220 | get 0.0220% / 8h | 1h 10m | $1.4M | $216K | 50x |
MEXC ETC_USDT
BloFin ETC-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
- $25.2
- Price spread: +0.113% → +0.011%
- $10.18
- Slippage, 4 orders
- −$12.8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $6.58
- Costs to cover
- 0.288%
- Break-even
- 5.2 days
Slippage from MEXC: live order book, 4 min ago; BloFin: 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 MEXC live order book, 4 min ago | 1.13 bp | 3.1 bp −$3 | 7.3 bp −$73 | 46.5 bp −$4,648 | 90.7 bp −$45.3K |
| Sell BloFin live order book, 2 min ago | 0.56 bp | 11.7 bp −$12 | 20.3 bp −$203 | 52.2 bp −$5,219 | doesn't fit |
ETC on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0215% | 1h | 8.8742 | +0.082% | $2.0M | $680K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8839 | +0.190% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8708 | +0.043% | $503 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8763 | +0.105% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.090% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8805 | +0.152% | $2.3M | $427K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8722 | +0.059% | $993K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8760 | +0.101% | $26.5M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8690 | +0.023% | $13.0M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8720 | +0.056% | $8.8M | $16.6M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8760 | +0.101% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDTlong | +0.0100% | 8h | 8.8670 | long leg | $7.5M | $32.4M | 200x | |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8760 | +0.101% | $2.9M | $728K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8760 | +0.101% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8710 | +0.045% | — | $20.6M | — | as long as short |
| Variational Omni ETC | +0.0100% | 8h | 8.8723 | +0.060% | $126K | $2K | — | as long as short |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8710 | +0.045% | $129 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8660 | −0.011% | $133K | $268K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8730 | +0.068% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8691 | +0.024% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDTshort | +0.0220% | 8h | 8.8770 | +0.113% | $1.4M | $216K | 50x | |
| Coinbase International ETC-PERP-INTX | +0.0536% | 1h | 9.0920 | +2.537% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
Variational Omni ETC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX