Funding you earn now, next payment 00:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.21 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC−0.055%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)+0.028%+$3 · spread now −0.055%, 7d avg −0.053%
=The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FF_USDT | 0.1276 | −0.0210 | get 0.0105% / 4h | 56m 37s | $10.1M | $1.9M | 50x |
| Short | BloFin FF-USDT | 0.1275 | −0.0251 | pay 0.0126% / 4h | 56m 37s | $2.3M | $375K | 20x |
MEXC FF_USDT
BloFin FF-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
- −$8.65
- Price spread: −0.055% → −0.053%
- −$0.23
- Slippage, 4 orders
- −$27.95
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.84
- Costs to cover
- 0.440%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 7 min ago; BloFin: live order book, 1 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, 7 min ago | 0.39 bp | 7.7 bp −$8 | 57.0 bp −$570 | 220.7 bp −$22.1K | doesn't fit |
| Sell BloFin live order book, 1 min ago | 0.39 bp | 13.8 bp −$14 | 26.4 bp −$264 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin FF-USDTshort | −0.0251% | 4h | 0.1275 | −0.055% | $2.3M | $375K | 20x | |
| MEXC FF_USDTlong | −0.0210% | 4h | 0.1276 | long leg | $10.1M | $1.9M | 50x | |
| Binance FFUSDT | −0.0207% | 4h | 0.1277 | +0.055% | $43.2M | $37.5M | 20x | as long as short |
| Bybit FFUSDT | −0.0023% | 4h | 0.1277 | +0.055% | $14.4M | $9.6M | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1277 | +0.089% | $1.2M | $31K | 5x | as long as short |
| Gate FF_USDT | +0.0100% | 4h | 0.1278 | +0.141% | $26.9M | $2.1M | 50x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1279 | +0.227% | $8.7M | $6.2M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1277 | +0.094% | $18.6M | $2.7M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1277 | +0.047% | — | $7.0M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1275 | −0.063% | $2K | $2.3M | 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 | +0.0104% | 1h | 0.1280 | +0.298% | $136K | $42K | 3x | as long as short |
Lighter FF