Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against BloFin−0.201%109s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as 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−$580.578% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.201%, 7d avg −0.013%
=Funding pays, the price is against you. MEXC is 0.187% cheaper against BloFin than usual: you would sell low and buy high (spread −0.201% now, against its 7-day average of −0.013%). If the spread goes back, that is −$19 on $10k: about 18 days of funding at the current rate (+$1 a day). The two prices were read 109 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 | BloFin ME-USDT | 0.07465 | 0.0065 | pay 0.0032% / 4h | 1h 37m | $109K | $8K | 50x |
| Short | MEXC ME_USDT | 0.07450 | 0.0100 | get 0.0050% / 4h | 1h 37m | $480K | $132K | 20x |
BloFin ME-USDT
MEXC ME_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
- $7.44
- Price spread: −0.201% → −0.013%
- −$18.75
- Slippage, 4 orders
- −$41.81
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$69.11
- Costs to cover
- 0.578%
- Break-even
- 72.0 days
Slippage from BloFin: live order book, 72 min ago; MEXC: live order book, 17 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, 72 min ago | 2.02 bp | 12.0 bp −$12 | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 17 min ago | 5.36 bp | 11.2 bp −$11 | 47.8 bp −$478 | 138.7 bp −$13.9K | doesn't fit |
ME on 13 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 ME-USDTlong | +0.0065% | 4h | 0.07465 | long leg | $109K | $8K | 50x | |
| Hyperliquid ME | +0.0100% | 1h | 0.07456 | −0.121% | $236K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07456 | −0.114% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07452 | −0.172% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07455 | −0.134% | $1.5M | $743K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07450 | −0.201% | $491K | $1.1M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07460 | −0.067% | $190K | $71K | 50x | as long as short |
| MEXC ME_USDTshort | +0.0100% | 4h | 0.07450 | −0.201% | $480K | $132K | 20x | |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07468 | +0.040% | $207K | $28K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07461 | −0.054% | $636K | $414K | 25x | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07455 | −0.134% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07469 | +0.054% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07457 | −0.111% | $26K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP