Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against MEXC+0.159%64s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as 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−$1051.053% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.159%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.129% dearer against MEXC than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.030%. 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 IOTX_USDT | 0.003771 | 0.0100 | pay 0.0100% / 8h | 3h 56m | $800K | $433K | 50x |
| Short | BloFin IOTX-USDT | 0.003777 | 0.0096 | get 0.0096% / 8h | 3h 56m | $208K | $19K | 50x |
MEXC IOTX_USDT
BloFin IOTX-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
- −$0.93
- Price spread: +0.159% → +0.030%
- $12.88
- Slippage, 4 orders
- −$89.31
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$93.36
- Costs to cover
- 1.053%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 54 min ago; BloFin: live order book, 26 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, 54 min ago | 1.33 bp | 21.7 bp −$22 | 111.7 bp −$1,117 | 289.6 bp −$29.0K | doesn't fit |
| Sell BloFin live order book, 26 min ago | 5.28 bp | 35.0 bp −$35 | 115.0 bp −$1,150 | doesn't fit | doesn't fit |
IOTX 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTXUSD | −0.1869% | 1h | 0.003770 | −0.037% | $28K | $12K | 10x | as long as short |
| BloFin IOTX-USDTshort | +0.0096% | 8h | 0.003777 | +0.159% | $208K | $19K | 50x | |
| Aster IOTXUSDT | +0.0100% | 1h | 0.003764 | −0.192% | $11K | $15K | 5x | as long as short |
| Binance IOTXUSDT | +0.0100% | 8h | 0.003772 | +0.034% | $2.2M | $5.5M | 50x | as long as short |
| Bybit IOTXUSDT | +0.0100% | 8h | 0.003771 | 0.000% | $404K | $597K | 25x | as long as short |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003768 | −0.080% | $144K | $142K | 50x | as long as short |
| MEXC IOTX_USDTlong | +0.0100% | 8h | 0.003771 | long leg | $800K | $433K | 50x | |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003788 | +0.451% | $745K | $62K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003770 | −0.027% | $358K | $360K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003769 | −0.053% | — | $1.6M | — | as long as short |
Kraken Futures PF_IOTXUSD
Aster IOTXUSDT
Binance IOTXUSDT
Bybit IOTXUSDT
Gate IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
BingX IOTX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTX | +0.0100% | 8h | 0.003774 | +0.075% | $3K | $3K | — | as long as short |
Variational Omni IOTX