Funding you earn now, next payment 12:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against MEXC+0.225%109s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as 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−$520.516% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.225%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.219% dearer against MEXC than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.006%. 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 | MEXC ME_USDT | 0.07544 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $505K | $124K | 20x |
| Short | BloFin ME-USDT | 0.07561 | 0.0112 | get 0.0056% / 4h | 3h 55m | $108K | $9K | 50x |
MEXC ME_USDT
BloFin ME-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
- $2.47
- Price spread: +0.225% → +0.006%
- $21.89
- Slippage, 4 orders
- −$35.55
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$27.2
- Costs to cover
- 0.516%
- Break-even
- 84.2 days
Slippage from MEXC: live order book, 34 min ago; BloFin: live order book, 71 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, 34 min ago | 2.64 bp | 8.0 bp −$8 | 29.2 bp −$292 | 124.6 bp −$12.5K | doesn't fit |
| Sell BloFin live order book, 71 min ago | 1.98 bp | 18.9 bp −$19 | 51.9 bp −$519 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ME | +0.0100% | 1h | 0.07546 | +0.027% | $235K | $134K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07558 | +0.179% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07544 | +0.003% | $2.1M | $4.3M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07555 | +0.146% | $1.5M | $851K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07542 | −0.027% | $473K | $1.3M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07550 | +0.080% | $195K | $79K | 50x | as long as short |
| MEXC ME_USDTlong | +0.0100% | 4h | 0.07544 | long leg | $505K | $124K | 20x | |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07555 | +0.146% | $215K | $34K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07553 | +0.119% | $649K | $429K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07547 | +0.040% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07558 | +0.182% | $11K | $2K | — | as long as short |
| BloFin ME-USDTshort | +0.0112% | 4h | 0.07561 | +0.225% | $108K | $9K | 50x | |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07544 | +0.004% | $27K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP