Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin+0.134%109s7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as 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−$600.599% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 3 days (all we have)−0.177%−$18 · spread now +0.134%, 7d avg −0.039%
=The price spread pays, funding is against you. MEXC is 0.173% dearer against BloFin than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of −0.039%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−0.013% in total) that is about 3 months. The two prices were read 109 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 | BloFin ID-USDT | 0.03741 | 0.0132 | pay 0.0066% / 4h | 2h 25m | $162K | $11K | 50x |
| Short | MEXC ID_USDT | 0.03746 | 0.0100 | get 0.0050% / 4h | 2h 25m | $348K | $137K | 20x |
BloFin ID-USDT
MEXC ID_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.73
- Price spread: +0.134% → −0.039%
- $17.25
- Slippage, 4 orders
- −$43.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$49.43
- Costs to cover
- 0.599%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 56 min ago; MEXC: live order book, 56 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, 56 min ago | 2.68 bp | 13.0 bp −$13 | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 56 min ago | 4.03 bp | 12.1 bp −$12 | 28.5 bp −$285 | 120.7 bp −$12.1K | 210.8 bp −$105.4K |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03739 | −0.041% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03746 | +0.134% | $2.4M | $3.3M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03741 | 0.000% | $1.4M | $1.0M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03738 | −0.080% | $262K | $230K | 25x | as long as short |
| MEXC ID_USDTshort | +0.0100% | 4h | 0.03746 | +0.134% | $348K | $137K | 20x | |
| Bitget IDUSDT | +0.0100% | 4h | 0.03741 | 0.000% | $775K | $561K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03740 | −0.027% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03732 | −0.232% | $12K | $20K | — | as long as short |
| BloFin ID-USDTlong | +0.0132% | 4h | 0.03741 | long leg | $162K | $11K | 50x | |
| KuCoin IDUSDTM | +0.0242% | 4h | 0.03743 | +0.053% | $1.0M | $61K | 30x | as long as short |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
Bitget IDUSDT
BingX ID-USDT
Variational Omni ID
KuCoin IDUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0441% | 1h | 0.03747 | +0.165% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD