Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against MEXC−0.147%49s7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as 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−$630.630% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.147%, 7d avg +0.056%
=Funding pays, the price is against you. BloFin is 0.203% cheaper against MEXC than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of +0.056%). If the spread goes back, that is −$20 on $10k: about 13 days of funding at the current rate (+$2 a day). 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 MIRA_USDT | 0.05445 | 0.0100 | pay 0.0050% / 4h | 50m 33s | $209K | $135K | 20x |
| Short | BloFin MIRA-USDT | 0.05437 | 0.0150 | get 0.0075% / 4h | 50m 33s | $237K | $16K | 50x |
MEXC MIRA_USDT
BloFin MIRA-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
- $10.59
- Price spread: −0.147% → +0.056%
- −$20.31
- Slippage, 4 orders
- −$46.97
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$72.7
- Costs to cover
- 0.630%
- Break-even
- 55.1 days
Slippage from MEXC: live order book, 34 min ago; BloFin: live order book, 21 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 | 2.77 bp | 14.7 bp −$15 | 55.7 bp −$557 | 769.9 bp −$77.0K | doesn't fit |
| Sell BloFin live order book, 21 min ago | 2.77 bp | 19.1 bp −$19 | 70.6 bp −$706 | doesn't fit | 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 | −0.0312% | 1h | 0.05445 | −0.002% | $5K | $8K | 10x | as long as short |
| Binance MIRAUSDT | +0.0100% | 4h | 0.05444 | −0.018% | $2.5M | $5.5M | 50x | as long as short |
| Bybit MIRAUSDT | +0.0100% | 4h | 0.05448 | +0.055% | $1.1M | $1.2M | 25x | as long as short |
| Gate MIRA_USDT | +0.0100% | 4h | 0.05434 | −0.202% | $245K | $192K | 25x | as long as short |
| MEXC MIRA_USDTlong | +0.0100% | 4h | 0.05445 | long leg | $209K | $135K | 20x | |
| KuCoin MIRAUSDTM | +0.0100% | 4h | 0.05434 | −0.193% | $810K | $43K | 50x | as long as short |
| Bitget MIRAUSDT | +0.0100% | 4h | 0.05446 | +0.018% | $773K | $269K | 20x | as long as short |
| BloFin MIRA-USDTshort | +0.0150% | 4h | 0.05437 | −0.147% | $237K | $16K | 50x |
Kraken Futures PF_MIRAUSD
Binance MIRAUSDT
Bybit MIRAUSDT
Gate MIRA_USDT
KuCoin MIRAUSDTM
Bitget MIRAUSDT