Funding you earn now, next payment 00:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against MEXC−0.094%109s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as 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−$430.433% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 3 days (all we have)+0.284%+$28 · spread now −0.094%, 7d avg −0.002%
=Funding pays, the price is against you. BloFin is 0.092% cheaper against MEXC than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.002%). If the spread goes back, that is −$9 on $10k: about 4.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.021% in total) that is about 31 days. 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 | MEXC LA_USDT | 0.07408 | 0.0022 | pay 0.0011% / 4h | 1h 33m | $395K | $137K | 50x |
| Short | BloFin LA-USDT | 0.07401 | 0.0086 | get 0.0043% / 4h | 1h 33m | $248K | $19K | 25x |
MEXC LA_USDT
BloFin LA-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
- $13.42
- Price spread: −0.094% → −0.002%
- −$9.2
- Slippage, 4 orders
- −$27.34
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$39.12
- Costs to cover
- 0.433%
- Break-even
- 27.4 days
Slippage from MEXC: live order book, 41 min ago; BloFin: live order book, 43 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, 41 min ago | 0.67 bp | 8.1 bp −$8 | 29.1 bp −$291 | 346.5 bp −$34.6K | doesn't fit |
| Sell BloFin live order book, 43 min ago | 0.67 bp | 12.4 bp −$12 | 28.4 bp −$284 | doesn't fit | 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 | −0.0330% | 4h | 0.07407 | −0.013% | $249K | $794K | 50x | as long as short |
| Bitget LAUSDT | −0.0180% | 4h | 0.07402 | −0.081% | $2.0M | $525K | 25x | as long as short |
| BingX LA-USDT | −0.0142% | 4h | 0.07403 | −0.067% | — | $6.5M | — | as long as short |
| Aster LAUSDT | −0.0010% | 4h | 0.07407 | −0.013% | $52K | $8K | 5x | as long as short |
| OKX LA-USDT-SWAP | −0.0008% | 4h | 0.07403 | −0.067% | $1.3M | $2.8M | 20x | as long as short |
| KuCoin LAUSDTM | −0.0002% | 4h | 0.07423 | +0.202% | $1.0M | $57K | 30x | as long as short |
| Binance LAUSDT | +0.0015% | 4h | 0.07407 | −0.020% | $4.7M | $8.4M | 25x | as long as short |
| MEXC LA_USDTlong | +0.0022% | 4h | 0.07408 | long leg | $395K | $137K | 50x | |
| BloFin LA-USDTshort | +0.0086% | 4h | 0.07401 | −0.094% | $248K | $19K | 25x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07406 | −0.027% | $2.3M | $2.3M | 25x | as long as short |
Gate LA_USDT
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
OKX LA-USDT-SWAP
KuCoin LAUSDTM
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 | 0.07397 | −0.149% | $147K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp