Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against BloFin−0.031%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 3 days (all we have)+0.051%+$5 · spread now −0.031%, 7d avg +0.051%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.083% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FF-USDT | 0.1273 | −0.0220 | get 0.0110% / 4h | 3m 08s | $2.3M | $312K | 20x |
| Short | MEXC FF_USDT | 0.1273 | −0.0236 | pay 0.0118% / 4h | 3m 08s | $10.1M | $1.9M | 50x |
BloFin FF-USDT
MEXC FF_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.45
- Price spread: −0.031% → +0.051%
- −$8.28
- Slippage, 4 orders
- −$27.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$55.6
- Costs to cover
- 0.439%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; MEXC: live order book, 5 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 BloFin live order book, 5 min ago | 4.32 bp | 15.6 bp −$16 | 31.3 bp −$313 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.57 bp | 6.3 bp −$6 | 22.5 bp −$225 | 224.2 bp −$22.4K | doesn't fit |
FF 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance FFUSDT | −0.0238% | 4h | 0.1273 | −0.038% | $43.1M | $25.1M | 20x | as long as short |
| MEXC FF_USDTshort | −0.0236% | 4h | 0.1273 | −0.031% | $10.1M | $1.9M | 50x | |
| BloFin FF-USDTlong | −0.0220% | 4h | 0.1273 | long leg | $2.3M | $312K | 20x | |
| Bybit FFUSDT | −0.0054% | 4h | 0.1273 | 0.000% | $14.3M | $6.8M | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1275 | +0.089% | $1.2M | $23K | 5x | as long as short |
| Gate FF_USDT | +0.0100% | 4h | 0.1275 | +0.102% | $26.8M | $2.1M | 50x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1276 | +0.212% | $8.6M | $5.6M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1274 | +0.063% | $18.5M | $1.6M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1273 | 0.000% | — | $6.8M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1272 | −0.141% | $1K | $1.6M | 20x | as long as short |
Binance FFUSDT
Bybit FFUSDT
Aster FFUSDT
Gate FF_USDT
KuCoin FFUSDTM
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.0344% | 1h | 0.1277 | +0.251% | $135K | $42K | 3x | as long as short |
Lighter FF