H

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against MEXC+0.116%64s7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as 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−$1021.019% of the position

Long on MEXC Short on BloFin

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)+0.227%+$23 · spread now +0.116%, 7d avg +0.017%

Together, before fees+0.233%+$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.099% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 64 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 H_USDT	0.06910	0.0100	pay 0.0050% / 4h	2h 16m	$6.1M	$1.2M	20x
Short	BloFin H-USDT	0.06918	0.0124	get 0.0062% / 4h	2h 16m	$587K	$114K	25x

Funding 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 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.116%Rate

Funding earned: $5.11
Price spread: +0.116% → +0.017%: $9.9
Slippage, 4 orders: −$85.86
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$86.85
Costs to cover: 1.019%
Break-even: 125.9 days

Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 10 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, 1 min ago	0.72 bp	23.2 bp −$23	69.8 bp −$698	125.0 bp −$12.5K	472.9 bp −$236.4K
Sell BloFin live order book, 10 min ago	7.97 bp	32.2 bp −$32	doesn't fit	doesn't fit	doesn't fit

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	−9.551%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.06919	+0.128%	$113K	$55K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06908	−0.022%	$14.8M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06897	−0.188%	$7.6M	$5.0M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06910	0.000%	$1.8M	$6.5M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06901	−0.130%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDTlong	+0.0100%	4h	0.06910	long leg	$6.1M	$1.2M	20x
KuCoin HUSDTM	+0.0100%	4h	0.06904	−0.087%	$1.6M	$10.1M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06905	−0.072%	$1.7M	$449K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06906	−0.058%	—	$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	0.06926	+0.228%	$8K	$5K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06981	+1.025%	$1.2M	$438K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06912	+0.033%	$9K	$92K	5x	as long as short
BloFin H-USDTshort	+0.0124%	4h	0.06918	+0.116%	$587K	$114K	25x