Funding you earn now, next payment 08:00 UTC−0.0280%/8h= −30.7% APRnext payment −$1.40 per $10,000 · paid last 24h −0.068%
Price spread now: MEXC against BloFin+0.167%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1641.638% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.167%, 7d avg −0.027%
=The price spread pays, funding is against you. MEXC is 0.193% dearer against BloFin than usual: you sell high and buy low (spread +0.167% now, against its 7-day average of −0.027%): +$19 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.074% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.074% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LYN-USDT | 0.04197 | 0.0380 | pay 0.0190% / 4h | 1h 07m | $437K | $21K | 20x |
| Short | MEXC LYN_USDT | 0.04204 | 0.0100 | get 0.0050% / 4h | 1h 07m | $1.3M | $503K | 50x |
BloFin LYN-USDT
MEXC LYN_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
- −$58.78
- Price spread: +0.167% → −0.027%
- $19.35
- Slippage, 4 orders
- −$151.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$203.22
- Costs to cover
- 1.638%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 14 min ago; MEXC: 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 BloFin live order book, 14 min ago | 2.37 bp | 65.8 bp −$66 | 174.6 bp −$1,746 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 7.13 bp | 40.9 bp −$41 | 116.8 bp −$1,168 | 571.6 bp −$57.2K | doesn't fit |
LYN on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LYN_USDTshort | +0.0100% | 4h | 0.04204 | +0.167% | $1.3M | $503K | 50x | |
| Bitget LYNUSDT | +0.0100% | 4h | 0.04226 | +0.691% | $1.8M | $804K | 10x | as long as short |
| Binance LYNUSDT | +0.0160% | 4h | 0.04202 | +0.119% | $6.8M | $11.1M | 10x | as long as short |
| Extended LYN-USD | +0.0160% | 1h | 0.04201 | +0.090% | $7K | $237K | 5x | as long as short |
| Aster LYNUSDT | +0.0257% | 4h | 0.04210 | +0.310% | $27K | $31K | 5x | as long as short |
| BloFin LYN-USDTlong | +0.0380% | 4h | 0.04197 | long leg | $437K | $21K | 20x | |
| KuCoin LYNUSDTM | +0.0946% | 4h | 0.04224 | +0.643% | $1.3M | $208K | 10x | as long as short |
| Gate LYN_USDT | +0.1062% | 4h | 0.04212 | +0.357% | $318K | $300K | 25x | as long as short |
| BingX LYN-USDT | +0.1788% | 4h | 0.04204 | +0.167% | — | $6.7M | — | as long as short |
| Bybit LYNUSDT | +0.2015% | 4h | 0.04214 | +0.405% | $2.1M | $2.8M | 25x | as long as short |
Bitget LYNUSDT
Binance LYNUSDT
Extended LYN-USD
Aster LYNUSDT
KuCoin LYNUSDTM
Gate LYN_USDT
BingX LYN-USDT
Bybit LYNUSDT