Funding you earn now, next payment 12:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC+0.113%94s7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as 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−$460.464% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.239%−$24 · spread now +0.113%, 7d avg −0.029%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.142% dearer against MEXC than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.029%. The two prices were read 94 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 IOST_USDT | 0.0008852 | −0.1518 | get 0.0759% / 4h | 51m 28s | $1.7M | $437K | 50x |
| Short | BloFin IOST-USDT | 0.0008862 | −0.1495 | pay 0.0747% / 4h | 51m 28s | $290K | $2.0M | 50x |
MEXC IOST_USDT
BloFin IOST-USDTFunding 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
- $4.93
- Price spread: +0.113% → −0.029%
- $14.24
- Slippage, 4 orders
- −$30.38
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$27.22
- Costs to cover
- 0.464%
- Break-even
- 45.7 days
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 4 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, 3 min ago | 0.56 bp | 7.3 bp −$7 | 23.8 bp −$238 | 97.4 bp −$9,743 | 403.4 bp −$201.7K |
| Sell BloFin live order book, 4 min ago | 5.64 bp | 16.5 bp −$17 | 33.5 bp −$335 | doesn't fit | doesn't fit |
IOST on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IOST-USDT-SWAP | −0.1681% | 4h | 0.0008842 | −0.113% | $1.5M | $3.8M | 10x | as long as short |
| Bybit IOSTUSDT | −0.1521% | 8h | 0.0008854 | +0.023% | $1.8M | $2.0M | 25x | as long as short |
| MEXC IOST_USDTlong | −0.1518% | 4h | 0.0008852 | long leg | $1.7M | $437K | 50x | |
| Binance IOSTUSDT | −0.1517% | 4h | 0.0008851 | −0.012% | $5.6M | $15.9M | 50x | as long as short |
| BloFin IOST-USDTshort | −0.1495% | 4h | 0.0008862 | +0.113% | $290K | $2.0M | 50x | |
| Bitget IOSTUSDT | −0.1296% | 4h | 0.0008849 | −0.034% | $674K | $1.9M | 25x | as long as short |
| Variational Omni IOST | −0.0979% | 8h | 0.0008879 | +0.307% | $10K | $6K | — | as long as short |
| BingX IOST-USDT | −0.0530% | 4h | 0.0008849 | −0.034% | — | $2.4M | — | as long as short |
| Gate IOST_USDT | −0.0372% | 4h | 0.0008840 | −0.136% | $677K | $492K | 25x | as long as short |
OKX IOST-USDT-SWAP
Bybit IOSTUSDT
Binance IOSTUSDT
Bitget IOSTUSDT
Variational Omni IOST
BingX IOST-USDT
Gate IOST_USDT