Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against MEXC+0.554%94s7-day average −0.023% · you sell dearer than you buy
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−$1141.143% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 3 days (all we have)−0.485%−$48 · spread now +0.554%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.577% dearer against MEXC than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of −0.023%. The two prices were read 94 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 M_USDT | 1.4449 | 0.1072 | pay 0.0536% / 4h | 1h 09m | $246K | $113K | 50x |
| Short | BloFin M-USDT | 1.4529 | 0.1090 | get 0.0545% / 4h | 1h 09m | $349K | $413K | 10x |
MEXC M_USDT
BloFin M-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
- $3.7
- Price spread: +0.554% → −0.023%
- $57.67
- Slippage, 4 orders
- −$98.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.95
- Costs to cover
- 1.143%
- Break-even
- 107.2 days
Slippage from MEXC: live order book, 63 min ago; BloFin: live order book, 6 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, 63 min ago | 0.68 bp | 23.0 bp −$23 | 50.1 bp −$501 | 132.0 bp −$13.2K | doesn't fit |
| Sell BloFin live order book, 6 min ago | 15.47 bp | 32.2 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4449 | 0.000% | $4.6M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4425 | −0.166% | $1.9M | $917K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4463 | +0.097% | $1.9M | $355K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4491 | +0.288% | $89K | $42K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4492 | +0.298% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4493 | +0.305% | $2K | $576K | 20x | as long as short |
| Aster MUSDT | +0.0715% | 4h | 1.4459 | +0.066% | $14K | $114K | 5x | as long as short |
| KuCoin MUSDTM | +0.0980% | 4h | 1.4305 | −0.995% | $1.4M | $4.4M | 10x | as long as short |
| BingX M-USDT | +0.0982% | 4h | 1.4449 | 0.000% | — | $2.4M | — | as long as short |
| MEXC M_USDTlong | +0.1072% | 4h | 1.4449 | long leg | $246K | $113K | 50x |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
KuCoin MUSDTM
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.1083% | 4h | 1.4463 | +0.094% | $5.4M | $4.6M | 10x | as long as short |
| BloFin M-USDTshort | +0.1090% | 4h | 1.4529 | +0.554% | $349K | $413K | 10x |
Binance MUSDT