Funding you earn now, next payment 00:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.22 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC−0.028%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.131%+$13 · spread now −0.028%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.038% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EUL_USDT | 1.4192 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $505K | $128K | 20x |
| Short | BloFin EUL-USDT | 1.4188 | 0.0055 | get 0.0028% / 4h | 1h 34m | $301K | $7K | 25x |
MEXC EUL_USDT
BloFin EUL-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
- −$9.44
- Price spread: −0.028% → +0.010%
- −$3.83
- Slippage, 4 orders
- −$28.08
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$57.35
- Costs to cover
- 0.441%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 min ago; BloFin: live order book, 42 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, 40 min ago | 0.35 bp | 3.9 bp −$4 | 37.9 bp −$379 | 204.3 bp −$20.4K | doesn't fit |
| Sell BloFin live order book, 42 min ago | 0.71 bp | 12.1 bp −$12 | 52.8 bp −$528 | doesn't fit | doesn't fit |
EUL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDTshort | +0.0055% | 4h | 1.4188 | −0.028% | $301K | $7K | 25x | |
| Aster EULUSDT | +0.0100% | 4h | 1.4210 | +0.127% | $36K | $9K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4194 | +0.014% | $3.2M | $4.6M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4196 | +0.028% | $1.6M | $1.4M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4203 | +0.078% | $309K | $707K | 25x | as long as short |
| MEXC EUL_USDTlong | +0.0100% | 4h | 1.4192 | long leg | $505K | $128K | 20x | |
| Bitget EULUSDT | +0.0100% | 4h | 1.4220 | +0.197% | $2.2M | $259K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4192 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4198 | +0.045% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0109% | 4h | 1.4211 | +0.133% | $25K | $263K | 10x | as long as short |
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
Gate EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0590% | 4h | 1.4291 | +0.698% | $130K | $43K | 10x | as long as short |
| KuCoin EULUSDTM | +0.0654% | 4h | 1.4219 | +0.190% | $309K | $58K | 25x | as long as short |
HTX EUL-USDT
KuCoin EULUSDTM