Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against MEXC−0.059%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.055%−$5 · spread now −0.059%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.074% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LPT_USDT | 1.6930 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $2.0M | $847K | 50x |
| Short | BloFin LPT-USDT | 1.6920 | 0.0066 | get 0.0033% / 4h | 1h 06m | $191K | $32K | 50x |
MEXC LPT_USDT
BloFin LPT-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
- −$7.13
- Price spread: −0.059% → +0.015%
- −$7.38
- Slippage, 4 orders
- −$32.03
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.54
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from MEXC: live order book, just now; BloFin: live order book, 60 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, just now | 2.95 bp | 5.0 bp −$5 | 21.6 bp −$216 | 171.1 bp −$17.1K | doesn't fit |
| Sell BloFin live order book, 60 min ago | 5.90 bp | 20.3 bp −$20 | 56.1 bp −$561 | doesn't fit | doesn't fit |
LPT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LPT-USDTshort | +0.0066% | 4h | 1.6920 | −0.059% | $191K | $32K | 50x | |
| Aster LPTUSDT | +0.0100% | 4h | 1.6928 | −0.015% | $1K | $17K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.6930 | 0.000% | $3.4M | $8.6M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.6930 | 0.000% | $1.5M | $1.8M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.6940 | +0.059% | $1.4M | $2.5M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.6930 | 0.000% | $214K | $849K | 50x | as long as short |
| MEXC LPT_USDTlong | +0.0100% | 4h | 1.6930 | long leg | $2.0M | $847K | 50x | |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.6930 | 0.000% | $306K | $152K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.6930 | 0.000% | $1.3M | $538K | 50x | as long as short |
| BingX LPT-USDT | +0.0100% | 4h | 1.6940 | +0.059% | — | $2.5M | — | as long as short |
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDT
BingX LPT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LPT | +0.0100% | 4h | 1.6909 | −0.122% | $6K | $3K | — | as long as short |
| Kraken Futures PF_LPTUSD | +0.0210% | 1h | 1.6935 | +0.028% | $42K | $93K | 25x | as long as short |
Variational Omni LPT
Kraken Futures PF_LPTUSD