Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.093%
Price spread now: BloFin against Phemex−0.030%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1231.227% of the position
Funding, last 7 days+0.529%+$53 on $10k
+Price spread, last 3 days (all we have)+0.122%+$12 · spread now −0.030%, 7d avg +0.024%
=Funding pays, the price is against you. BloFin is 0.054% cheaper against Phemex than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.024%). If the spread goes back, that is −$5 on $10k: about 18 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex MARSCOINUSDT | 0.1015 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $1.5M | $2.6M | 20x |
| Short | BloFin MARSCOIN-USDT | 0.1015 | 0.0340 | get 0.0170% / 4h | 3h 54m | $1.1M | $393K | 20x |
Phemex MARSCOINUSDT
BloFin MARSCOIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- $50.4
- Price spread: −0.030% → +0.024%
- −$5.39
- Slippage, 4 orders
- −$98.74
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$77.73
- Costs to cover
- 1.227%
- Break-even
- 17.8 days
Slippage from Phemex: live order book, 4 min ago; BloFin: live order book, 2 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 Phemex live order book, 4 min ago | 6.84 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.44 bp | 23.0 bp −$23 | 71.6 bp −$716 | doesn't fit | doesn't fit |
MARSCOIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MARSCOIN_USDT | −0.0154% | 4h | 0.1016 | +0.030% | $1.7M | $2.3M | 20x | as long as short |
| Binance MARSCOINUSDT | +0.0100% | 4h | 0.1014 | −0.078% | $22.3M | $61.7M | 20x | as long as short |
| Bybit MARSCOINUSDT | +0.0100% | 4h | 0.1016 | +0.030% | $7.0M | $14.7M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0100% | 4h | 0.1015 | −0.049% | $3.0M | $1.2M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1014 | −0.069% | — | $786K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1023 | +0.758% | $102K | $719K | 20x | as long as short |
| Phemex MARSCOINUSDTlong | +0.0100% | 4h | 0.1015 | long leg | $1.5M | $2.6M | 20x | |
| Aster MARSCOINUSDT | +0.0175% | 4h | 0.1015 | +0.026% | $603K | $944K | 10x | as long as short |
| Bitget MARSCOINUSDT | +0.0244% | 4h | 0.1017 | +0.158% | $2.3M | $7.0M | 20x | as long as short |
| KuCoin MARSCOINUSDTM | +0.0246% | 4h | 0.1016 | +0.049% | $1.3M | $2.5M | 20x | as long as short |
Gate MARSCOIN_USDT
Binance MARSCOINUSDT
Bybit MARSCOINUSDT
MEXC MARSCOIN_USDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Aster MARSCOINUSDT
Bitget MARSCOINUSDT
KuCoin MARSCOINUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MARSCOIN-USDTshort | +0.0340% | 4h | 0.1015 | −0.030% | $1.1M | $393K | 20x | |
| BingX MARSCOIN-USDT | +0.0394% | 4h | 0.1014 | −0.138% | — | $1.2M | — | as long as short |
BingX MARSCOIN-USDT