Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.14 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BloFin+0.202%49s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as 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−$500.503% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)−0.479%−$48 · spread now +0.202%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.200% dearer against BloFin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 49 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 LA-USDT | 0.07418 | 0.0009 | pay 0.0005% / 4h | 2h 26m | $251K | $19K | 25x |
| Short | MEXC LA_USDT | 0.07433 | 0.0038 | get 0.0019% / 4h | 2h 26m | $400K | $138K | 50x |
BloFin LA-USDT
MEXC LA_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
- $6.04
- Price spread: +0.202% → +0.003%
- $19.97
- Slippage, 4 orders
- −$34.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$24.3
- Costs to cover
- 0.503%
- Break-even
- 35.1 days
Slippage from BloFin: live order book, 57 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, 57 min ago | 0.68 bp | 13.1 bp −$13 | 28.1 bp −$281 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 56 min ago | 0.68 bp | 8.5 bp −$9 | 32.2 bp −$322 | 372.0 bp −$37.2K | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0540% | 4h | 0.07428 | +0.135% | $246K | $794K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0188% | 4h | 0.07428 | +0.135% | $1.0M | $58K | 30x | as long as short |
| BingX LA-USDT | −0.0183% | 4h | 0.07422 | +0.054% | — | $6.6M | — | as long as short |
| OKX LA-USDT-SWAP | −0.0165% | 4h | 0.07440 | +0.297% | $1.3M | $2.8M | 20x | as long as short |
| Bitget LAUSDT | −0.0116% | 4h | 0.07430 | +0.162% | $2.1M | $521K | 25x | as long as short |
| BloFin LA-USDTlong | +0.0009% | 4h | 0.07418 | long leg | $251K | $19K | 25x | |
| Aster LAUSDT | +0.0026% | 4h | 0.07420 | +0.024% | $52K | $8K | 5x | as long as short |
| MEXC LA_USDTshort | +0.0038% | 4h | 0.07433 | +0.202% | $400K | $138K | 50x | |
| Binance LAUSDT | +0.0040% | 4h | 0.07432 | +0.189% | $4.7M | $8.3M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07438 | +0.270% | $2.4M | $2.3M | 25x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
BingX LA-USDT
OKX LA-USDT-SWAP
Bitget LAUSDT
Aster LAUSDT
Binance LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07420 | +0.027% | $143K | $470K | 10x | as long as short |
GRVT LA_USDT_Perp