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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HOT_USDT | 0.0004158 | 0.0102 | pay 0.0102% / 8h | 7h 54m | $411K | $152K | 50x |
| Short | BloFin HOT-USDT | 0.0004170 | 0.0110 | get 0.0110% / 8h | 7h 54m | $148K | $49K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 31 min ago | 1.20 bp | 15.4 bp −$15 | 91.3 bp −$913 | 271.2 bp −$27.1K | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.40 bp | 20.3 bp −$20 | 63.3 bp −$633 | doesn't fit | doesn't fit |
HOT on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HOTUSDTM | +0.0100% | 8h | 0.0004167 | +0.216% | $87K | $47K | 30x | as long as short |
| Bitget HOTUSDT | +0.0100% | 8h | 0.0004155 | −0.072% | $306K | $214K | 25x | as long as short |
| MEXC HOT_USDTlong | +0.0102% | 8h | 0.0004158 | long leg | $411K | $152K | 50x | |
| Binance HOTUSDT | +0.0106% | 8h | 0.0004158 | +0.010% | $1.5M | $2.5M | 50x | as long as short |
| BloFin HOT-USDTshort | +0.0110% | 8h | 0.0004170 | +0.289% | $148K | $49K | 50x |
MEXC HOT_USDT
BloFin HOT-USDT
KuCoin HOTUSDTM
Bitget HOTUSDT
Binance HOTUSDT