Funding you earn now, next payment 04:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC+0.028%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$500.501% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 3 days (all we have)+0.055%+$5 · spread now +0.028%, 7d avg +0.065%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.037% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.065%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FORM_USDT | 0.3580 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $1.5M | $8.7M | 100x |
| Short | BloFin FORM-USDT | 0.3581 | 0.0058 | get 0.0029% / 4h | 3h 39m | $1.0M | $368K | 50x |
MEXC FORM_USDT
BloFin FORM-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
- −$8.85
- Price spread: +0.028% → +0.065%
- −$3.7
- Slippage, 4 orders
- −$34.14
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.69
- Costs to cover
- 0.501%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 3 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, 4 min ago | 2.77 bp | 7.2 bp −$7 | 39.3 bp −$393 | 260.1 bp −$26.0K | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.77 bp | 23.5 bp −$23 | 62.9 bp −$629 | doesn't fit | doesn't fit |
FORM on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FORM/USD | L −0.0007% / S +0.0008% | 1h | 0.3580 | +0.002% | — | — | — | as long as short |
| BloFin FORM-USDTshort | +0.0058% | 4h | 0.3581 | +0.028% | $1.0M | $368K | 50x | |
| BingX FORM-USDT | +0.0070% | 4h | 0.3587 | +0.196% | — | $3.6M | — | as long as short |
| Aster FORMUSDT | +0.0100% | 4h | 0.3584 | +0.120% | $50K | $741K | 5x | as long as short |
| Binance FORMUSDT | +0.0100% | 4h | 0.3582 | +0.062% | $19.2M | $145.2M | 50x | as long as short |
| Bybit FORMUSDT | +0.0100% | 4h | 0.3584 | +0.112% | $2.3M | $12.2M | 20x | as long as short |
| Gate FORM_USDT | +0.0100% | 4h | 0.3579 | −0.028% | $772K | $4.3M | 50x | as long as short |
| MEXC FORM_USDTlong | +0.0100% | 4h | 0.3580 | long leg | $1.5M | $8.7M | 100x | |
| KuCoin FORMUSDTM | +0.0100% | 4h | 0.3588 | +0.223% | $355K | $1.0M | 30x | as long as short |
| Bitget FORMUSDT | +0.0100% | 4h | 0.3582 | +0.056% | $1.2M | $8.4M | 50x | as long as short |
gTrade (Gains Network) FORM/USD
BingX FORM-USDT
Aster FORMUSDT
Binance FORMUSDT
Bybit FORMUSDT
Gate FORM_USDT
KuCoin FORMUSDTM
Bitget FORMUSDT