Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC−0.016%49s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as 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−$530.532% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.016%, 7d avg +0.020%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.036% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.020%). Swap the legs. The two prices were read 49 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 MEME_USDT | 0.0006181 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $852K | $391K | 50x |
| Short | BloFin MEME-USDT | 0.0006180 | 0.0068 | get 0.0034% / 4h | 1h 14m | $98K | $6K | 50x |
MEXC MEME_USDT
BloFin MEME-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
- −$6.76
- Price spread: −0.016% → +0.020%
- −$3.57
- Slippage, 4 orders
- −$37.21
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63.54
- Costs to cover
- 0.532%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 41 min ago; BloFin: live order book, 22 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, 41 min ago | 3.25 bp | 10.1 bp −$10 | 42.0 bp −$420 | 71.0 bp −$7,105 | 101.0 bp −$50.5K |
| Sell BloFin live order book, 22 min ago | 3.24 bp | 16.4 bp −$16 | 55.5 bp −$555 | doesn't fit | doesn't fit |
MEME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEME/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0006170 | −0.178% | — | — | 100x | as long as short |
| BloFin MEME-USDTshort | +0.0068% | 4h | 0.0006180 | −0.016% | $98K | $6K | 50x | |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006180 | −0.016% | $564K | $160K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006180 | −0.018% | $2.5M | $4.8M | 50x | as long as short |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006183 | +0.032% | $1.2M | $643K | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006172 | −0.146% | $628K | $2.1M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006183 | +0.032% | $433K | $81K | 20x | as long as short |
| MEXC MEME_USDTlong | +0.0100% | 4h | 0.0006181 | long leg | $852K | $391K | 50x | |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006188 | +0.113% | $186K | $49K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006179 | −0.032% | $444K | $757K | 25x | as long as short |
GMX MEME/USD [WBTC.b-USDC]
Hyperliquid MEME
Binance MEMEUSDT
Bybit MEMEUSDT
OKX MEME-USDT-SWAP
Gate MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MEME-USDT | +0.0100% | 4h | 0.0006184 | +0.049% | — | $2.4M | — | as long as short |
BingX MEME-USDT