Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.19 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BloFin+0.186%64s7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as 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−$740.737% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.244%−$24 · spread now +0.186%, 7d avg −0.056%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.242% dearer against BloFin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.056%. The two prices were read 64 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 MIRA-USDT | 0.05388 | 0.0061 | pay 0.0031% / 4h | 1h 12m | $234K | $16K | 50x |
| Short | MEXC MIRA_USDT | 0.05398 | 0.0100 | get 0.0050% / 4h | 1h 12m | $207K | $140K | 20x |
BloFin MIRA-USDT
MEXC MIRA_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
- $8.16
- Price spread: +0.186% → −0.056%
- $24.18
- Slippage, 4 orders
- −$57.71
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$41.37
- Costs to cover
- 0.737%
- Break-even
- 42.5 days
Slippage from BloFin: live order book, 64 min ago; MEXC: live order book, 12 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, 64 min ago | 1.85 bp | 19.7 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 12 min ago | 2.77 bp | 12.7 bp −$13 | 58.6 bp −$586 | 746.4 bp −$74.6K | doesn't fit |
MIRA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MIRAUSD | −0.0238% | 1h | 0.05402 | +0.254% | $5K | $8K | 10x | as long as short |
| BloFin MIRA-USDTlong | +0.0061% | 4h | 0.05388 | long leg | $234K | $16K | 50x | |
| Binance MIRAUSDT | +0.0100% | 4h | 0.05402 | +0.257% | $2.5M | $5.6M | 50x | as long as short |
| Bybit MIRAUSDT | +0.0100% | 4h | 0.05401 | +0.241% | $1.1M | $1.2M | 25x | as long as short |
| Gate MIRA_USDT | +0.0100% | 4h | 0.05397 | +0.167% | $244K | $202K | 25x | as long as short |
| MEXC MIRA_USDTshort | +0.0100% | 4h | 0.05398 | +0.186% | $207K | $140K | 20x | |
| KuCoin MIRAUSDTM | +0.0100% | 4h | 0.05405 | +0.319% | $806K | $45K | 50x | as long as short |
| Bitget MIRAUSDT | +0.0100% | 4h | 0.05401 | +0.241% | $766K | $270K | 20x | as long as short |
Kraken Futures PF_MIRAUSD
Binance MIRAUSDT
Bybit MIRAUSDT
Gate MIRA_USDT
KuCoin MIRAUSDTM
Bitget MIRAUSDT