Settings8H · net · $10k
Funding arb · Price arb /

HOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC+0.289%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$800.798% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.289%, 7d avg +0.026%
Together, before fees−0.322%−$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.263% dearer against MEXC than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC HOT_USDT0.00041580.0102pay 0.0102% / 8h7h 54m$411K$152K50x
ShortBloFin HOT-USDT0.00041700.0110get 0.0110% / 8h7h 54m$148K$49K50x

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

Funding earned
$1.72
Price spread: +0.289% → +0.026%
$26.3
Slippage, 4 orders
−$63.83
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$51.8
Costs to cover
0.798%
Break-even
217.2 days
Slippage from MEXC: live order book, 31 min ago; BloFin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 31 min ago1.20 bp15.4 bp −$1591.3 bp −$913271.2 bp −$27.1Kdoesn't fit
Sell BloFin live order book, 2 min ago2.40 bp20.3 bp −$2063.3 bp −$633doesn't fitdoesn't fit

HOT on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HOTUSDTM+0.0100%8h0.0004167+0.216%$87K$47K30xas long as short
Bitget HOTUSDT+0.0100%8h0.0004155−0.072%$306K$214K25xas long as short
MEXC HOT_USDTlong+0.0102%8h0.0004158long leg$411K$152K50x
Binance HOTUSDT+0.0106%8h0.0004158+0.010%$1.5M$2.5M50xas long as short
BloFin HOT-USDTshort+0.0110%8h0.0004170+0.289%$148K$49K50x