Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC+0.086%49s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$920.918% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.229%+$23 · spread now +0.086%, 7d avg +0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.065% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.022%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GWEI_USDT | 0.02318 | 0.0220 | pay 0.0110% / 4h | 2h 36m | $131K | $92K | 20x |
| Short | BloFin GWEI-USDT | 0.02320 | 0.0216 | get 0.0108% / 4h | 2h 36m | $176K | $40K | 50x |
MEXC GWEI_USDT
BloFin GWEI-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
- −$0.82
- Price spread: +0.086% → +0.022%
- $6.45
- Slippage, 4 orders
- −$75.76
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$86.13
- Costs to cover
- 0.918%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 48 min ago; BloFin: live order book, 44 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, 48 min ago | 2.07 bp | 13.5 bp −$14 | 102.6 bp −$1,026 | 488.6 bp −$48.9K | doesn't fit |
| Sell BloFin live order book, 44 min ago | 6.19 bp | 27.5 bp −$28 | 109.4 bp −$1,094 | doesn't fit | doesn't fit |
GWEI 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GWEI_USDT | +0.0100% | 4h | 0.02314 | −0.155% | $394K | $552K | 10x | as long as short |
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02314 | −0.168% | $455K | $35K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02310 | −0.340% | $5K | $1K | — | as long as short |
| Bybit GWEIUSDT | +0.0101% | 4h | 0.02319 | +0.043% | $387K | $264K | 25x | as long as short |
| Bitget GWEIUSDT | +0.0170% | 4h | 0.02319 | +0.043% | $1.9M | $442K | 20x | as long as short |
| Extended GWEI-USD | +0.0216% | 1h | 0.02319 | +0.048% | $4K | $238K | 5x | as long as short |
| BloFin GWEI-USDTshort | +0.0216% | 4h | 0.02320 | +0.086% | $176K | $40K | 50x | |
| Binance GWEIUSDT | +0.0218% | 4h | 0.02320 | +0.074% | $2.5M | $5.2M | 50x | as long as short |
| MEXC GWEI_USDTlong | +0.0220% | 4h | 0.02318 | long leg | $131K | $92K | 20x | |
| BingX GWEI-USDT | +0.0268% | 4h | 0.02319 | +0.043% | — | $1.6M | — | as long as short |
Gate GWEI_USDT
KuCoin GWEIUSDTM
Variational Omni GWEI
Bybit GWEIUSDT
Bitget GWEIUSDT
Extended GWEI-USD
Binance GWEIUSDT
BingX GWEI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.0800% | 4h | 0.02313 | −0.200% | $20K | $31K | 10x | as long as short |
Aster GWEIUSDT