LYN

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.079%

Price spread now: BloFin against MEXC−0.198%109s7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as 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−$1251.246% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.198%, 7d avg +0.034%

Together, before fees+0.235%+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.232% cheaper against MEXC than usual: you would sell low and buy high (spread −0.198% now, against its 7-day average of +0.034%). If the spread goes back, that is −$23 on $10k: about 3.2 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.086% in total) that is about 19 days. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LYN_USDT	0.04042	0.0426	pay 0.0213% / 4h	11m 18s	$1.2M	$537K	50x
Short	BloFin LYN-USDT	0.04034	0.0666	get 0.0333% / 4h	11m 18s	$405K	$25K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now −0.198%Rate

Funding earned: $50.47
Price spread: −0.198% → +0.034%: −$23.23
Slippage, 4 orders: −$112.58
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$97.34
Costs to cover: 1.246%
Break-even: 20.5 days

Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 27 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, 3 min ago	3.71 bp	18.5 bp −$18	95.5 bp −$955	402.7 bp −$40.3K	doesn't fit
Sell BloFin live order book, 27 min ago	4.94 bp	45.6 bp −$46	129.3 bp −$1,293	doesn't fit	doesn't fit

LYN on 10 exchanges

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
KuCoin LYNUSDTM	+0.0100%	4h	0.04043	+0.025%	$1.2M	$258K	10x	as long as short
Bitget LYNUSDT	+0.0100%	4h	0.04052	+0.247%	$1.7M	$820K	10x	as long as short
Aster LYNUSDT	+0.0405%	4h	0.04044	+0.039%	$26K	$31K	5x	as long as short
Extended LYN-USD	+0.0424%	1h	0.04038	−0.110%	$7K	$213K	5x	as long as short
MEXC LYN_USDTlong	+0.0426%	4h	0.04042	long leg	$1.2M	$537K	50x
Binance LYNUSDT	+0.0427%	4h	0.04043	+0.025%	$6.3M	$11.3M	10x	as long as short
BloFin LYN-USDTshort	+0.0666%	4h	0.04034	−0.198%	$405K	$25K	20x
Gate LYN_USDT	+0.1024%	4h	0.04059	+0.421%	$317K	$306K	25x	as long as short
BingX LYN-USDT	+0.1290%	4h	0.04044	+0.049%	—	$6.7M	—	as long as short
Bybit LYNUSDT	+0.1325%	4h	0.04047	+0.124%	$1.9M	$3.0M	25x	as long as short