Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against MEXC−0.213%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 4 days (all we have)+0.239%+$24 · spread now −0.213%, 7d avg +0.053%
=Funding pays, the price is against you. BloFin is 0.266% cheaper against MEXC than usual: you would sell low and buy high (spread −0.213% now, against its 7-day average of +0.053%). If the spread goes back, that is −$27 on $10k: about 7.4 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FIL_USDC | 0.9863 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $225K | $89K | 50x |
| Short | BloFin FIL-USDT | 0.9842 | 0.0220 | get 0.0220% / 8h | 4h 50m | $2.5M | $638K | 75x |
MEXC FIL_USDC
BloFin FIL-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: −0.213% → +0.053%
- −$26.55
- Slippage, 4 orders
- −$21.18
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.53
- Costs to cover
- 0.332%
- Break-even
- 16.6 days
Slippage from MEXC: live order book, 45 min ago; BloFin: 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 MEXC live order book, 45 min ago | 3.07 bp | 7.6 bp −$8 | 17.0 bp −$170 | 81.4 bp −$8,140 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.01 bp | 8.6 bp −$9 | 13.0 bp −$130 | 35.1 bp −$3,509 | doesn't fit |
FIL on 29 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0104% | 1h | 0.9848 | −0.152% | $323K | $2.0M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9840 | −0.235% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9839 | −0.238% | $58K | $2K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 0.9844 | −0.193% | $168K | $8K | 25x | as long as short |
| Bybit FILUSDT | +0.0017% | 8h | 0.9862 | −0.010% | $15.3M | $17.8M | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.081% | $2K | $240K | 12x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9835 | −0.281% | $153K | $258K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9845 | −0.184% | $7.9M | $3.0M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9863 | −0.002% | $503K | $276K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9872 | +0.093% | $57.0M | $153.0M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
Bybit FILUSDT
Injective FIL/USDC PERP
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9864 | +0.010% | $17.1M | $89.4M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9840 | −0.233% | $8.2M | $13.4M | 50x | as long as short |
| MEXC FIL_USDClong | +0.0100% | 8h | 0.9863 | long leg | $225K | $89K | 50x | |
| KuCoin FILUSDTM | +0.0100% | 8h | 0.9867 | +0.041% | $7.2M | $7.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9860 | −0.030% | $11.0M | $16.8M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9866 | +0.030% | — | $4.7M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9853 | −0.103% | $444K | $216K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9861 | −0.016% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9862 | −0.006% | $289K | $1.9M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | +0.071% | $23K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9848 | −0.148% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9840 | −0.233% | $2K | $973K | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9840 | −0.233% | $469 | $8K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9852 | −0.112% | $631K | $4.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9830 | −0.335% | $1.3M | $2.4M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9864 | +0.007% | $692K | $4.2M | 10x | as long as short |
| Kraken Futures PF_FILUSD | +0.0154% | 1h | 0.9841 | −0.226% | $1.3M | $2.0M | 50x | as long as short |
| BloFin FIL-USDTshort | +0.0220% | 8h | 0.9842 | −0.213% | $2.5M | $638K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0596% / S −0.0280% | 1h | 0.9841 | −0.223% | $263K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
Gate FIL_USDT
KuCoin FILUSDTM
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]