Settings8H · net · $10k
Funding arb · Price arb /

FIGHT

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC−0.028%109s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1571.566% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.028%, 7d avg +0.027%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.056% cheaper against MEXC than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.027%). If the spread goes back, that is −$6 on $10k: about 7.4 days of funding at the current rate (+$1 a day). The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC FIGHT_USDT0.0035300.0100pay 0.0050% / 4h9m 21s$229K$143K20x
ShortBloFin FIGHT-USDT0.0035290.0125get 0.0062% / 4h9m 21s$310K$6K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$5.23
Price spread: −0.028% → +0.027%
−$5.55
Slippage, 4 orders
−$140.63
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$156.96
Costs to cover
1.566%
Break-even
217.3 days
Slippage from MEXC: live order book, 13 min ago; BloFin: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 13 min ago5.68 bp22.6 bp −$23156.0 bp −$1,560560.5 bp −$56.1Kdoesn't fit
Sell BloFin live order book, 26 min ago8.56 bp58.5 bp −$59193.8 bp −$1,938doesn't fitdoesn't fit

FIGHT on 8 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FIGHTUSDTM−0.0228%4h0.003521−0.255%$438K$40K20xas long as short
Aster FIGHTUSDT+0.0100%4h0.003515−0.412%$13K$5K5xas long as short
Binance FIGHTUSDT+0.0100%4h0.003529−0.028%$3.2M$1.3M20xas long as short
Bybit FIGHTUSDT+0.0100%4h0.003525−0.142%$1.5M$188K20xas long as short
MEXC FIGHT_USDTlong+0.0100%4h0.003530long leg$229K$143K20x
Bitget FIGHTUSDT+0.0100%4h0.003524−0.170%$1.1M$125K5xas long as short
BloFin FIGHT-USDTshort+0.0125%4h0.003529−0.028%$310K$6K20x
Gate FIGHT_USDT+0.0226%4h0.003533+0.085%$229K$71K20xas long as short