Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC−0.370%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$740.744% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+1.039%+$104 · spread now −0.370%, 7d avg +0.071%
=Funding pays, the price is against you. BloFin is 0.441% cheaper against MEXC than usual: you would sell low and buy high (spread −0.370% now, against its 7-day average of +0.071%). If the spread goes back, that is −$44 on $10k: about 35 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GENIUS_USDT | 0.3509 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $493K | $321K | 20x |
| Short | BloFin GENIUS-USDT | 0.3496 | 0.0143 | get 0.0071% / 4h | 3h 30m | $499K | $25K | 50x |
MEXC GENIUS_USDT
BloFin GENIUS-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
- $8.94
- Price spread: −0.370% → +0.071%
- −$44.11
- Slippage, 4 orders
- −$58.36
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$109.53
- Costs to cover
- 0.744%
- Break-even
- 92.8 days
Slippage from MEXC: live order book, 14 min ago; BloFin: live order book, 65 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, 14 min ago | 1.43 bp | 11.5 bp −$11 | 70.4 bp −$704 | 775.6 bp −$77.6K | doesn't fit |
| Sell BloFin live order book, 65 min ago | 1.45 bp | 29.2 bp −$29 | 97.2 bp −$972 | 251.7 bp −$25.2K | doesn't fit |
GENIUS on 12 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 GENIUSUSDT | +0.0100% | 4h | 0.3510 | +0.028% | $9.1M | $17.2M | 50x | as long as short |
| Bybit GENIUSUSDT | +0.0100% | 4h | 0.3505 | −0.114% | $1.4M | $2.2M | 25x | as long as short |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3501 | −0.228% | $245K | $377K | 20x | as long as short |
| MEXC GENIUS_USDTlong | +0.0100% | 4h | 0.3509 | long leg | $493K | $321K | 20x | |
| KuCoin GENIUSUSDTM | +0.0100% | 4h | 0.3506 | −0.074% | $530K | $1.8M | 20x | as long as short |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3504 | −0.140% | $715K | $1.1M | 20x | as long as short |
| BingX GENIUS-USDT | +0.0100% | 4h | 0.3507 | −0.057% | — | $1.7M | — | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3509 | −0.003% | $92K | $37K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3508 | −0.028% | $1K | $728K | 20x | as long as short |
| Extended GENIUS-USD | +0.0104% | 1h | 0.3508 | −0.029% | $1K | $166K | 5x | as long as short |
Binance GENIUSUSDT
Bybit GENIUSUSDT
Gate GENIUS_USDT
KuCoin GENIUSUSDTM
Bitget GENIUSUSDT
BingX GENIUS-USDT
Variational Omni GENIUS
SunX GENIUS-USDT
Extended GENIUS-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GENIUS-USDTshort | +0.0143% | 4h | 0.3496 | −0.370% | $499K | $25K | 50x | |
| Aster GENIUSUSDT | +0.0607% | 4h | 0.3508 | −0.024% | $256K | $412K | 20x | as long as short |
Aster GENIUSUSDT