H

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.26 per $10,000 · paid last 24h +0.005%

Price spread now: MEXC against BloFin+0.087%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$1021.019% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 4 days (all we have)−0.430%−$43 · spread now +0.087%, 7d avg −0.017%

Together, before fees−0.435%−$44 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.104% dearer against BloFin than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of −0.017%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.6 days. At the pace of the last 7 days (−0.005% in total) that is about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin H-USDT	0.06901	0.0153	pay 0.0076% / 4h	2h 14m	$585K	$114K	25x
Short	MEXC H_USDT	0.06907	0.0100	get 0.0050% / 4h	2h 14m	$6.1M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now +0.087%Rate

Funding earned: −$11.06
Price spread: +0.087% → −0.017%: $10.37
Slippage, 4 orders: −$85.86
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$102.55
Costs to cover: 1.019%
Break-even: never at this rate

Slippage from BloFin: live order book, 11 min ago; MEXC: 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 BloFin live order book, 11 min ago	7.97 bp	28.7 bp −$29	119.8 bp −$1,198	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.72 bp	17.8 bp −$18	59.2 bp −$592	104.3 bp −$10.4K	472.9 bp −$236.4K

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−9.433%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.06897	−0.053%	$112K	$55K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06907	+0.087%	$14.7M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06896	−0.068%	$7.6M	$5.0M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06909	+0.116%	$1.8M	$6.5M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06891	−0.145%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDTshort	+0.0100%	4h	0.06907	+0.087%	$6.1M	$1.2M	20x
KuCoin HUSDTM	+0.0100%	4h	0.06896	−0.072%	$1.6M	$10.1M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06906	+0.072%	$1.7M	$449K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06896	−0.072%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06900	−0.009%	$8K	$5K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06981	+1.157%	$1.2M	$438K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06902	+0.020%	$9K	$92K	5x	as long as short
BloFin H-USDTlong	+0.0153%	4h	0.06901	long leg	$585K	$114K	25x