Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against BloFin+0.398%7-day average −0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$2392.386% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.607%−$61 · spread now +0.398%, 7d avg −0.089%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.487% dearer against BloFin than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of −0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NAORIS-USDT | 0.03768 | 0.0114 | pay 0.0057% / 4h | 3h 45m | $293K | $11K | 10x |
| Short | MEXC NAORIS_USDT | 0.03783 | 0.0164 | get 0.0082% / 4h | 3h 45m | $4.4M | $218K | 100x |
BloFin NAORIS-USDT
MEXC NAORIS_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
- $10.56
- Price spread: +0.398% → −0.089%
- $48.69
- Slippage, 4 orders
- −$218.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$179.37
- Costs to cover
- 2.386%
- Break-even
- 125.9 days
Slippage from BloFin: live order book, 29 min ago; MEXC: live order book, 2 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, 29 min ago | 3.98 bp | 39.8 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 43.75 bp | 84.0 bp −$84 | 107.5 bp −$1,075 | 136.6 bp −$13.7K | 403.5 bp −$201.8K |
NAORIS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03762 | −0.159% | $1.1M | $391K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03753 | −0.398% | $292K | $14K | 20x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03766 | −0.053% | $3.4M | $233K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03763 | −0.123% | $78K | $25K | — | as long as short |
| Aster NAORISUSDT | +0.0105% | 4h | 0.03764 | −0.116% | $5K | $5K | 5x | as long as short |
| BloFin NAORIS-USDTlong | +0.0114% | 4h | 0.03768 | long leg | $293K | $11K | 10x | |
| BingX NAORIS-USDT | +0.0162% | 4h | 0.03768 | 0.000% | — | $1.3M | — | as long as short |
| MEXC NAORIS_USDTshort | +0.0164% | 4h | 0.03783 | +0.398% | $4.4M | $218K | 100x | |
| Binance NAORISUSDT | +0.0165% | 4h | 0.03770 | +0.052% | $5.1M | $1.3M | 10x | as long as short |
| Extended NAORIS-USD | +0.0168% | 1h | 0.03767 | −0.027% | $3K | $184K | 5x | as long as short |
Bybit NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BingX NAORIS-USDT
Binance NAORISUSDT
Extended NAORIS-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NAORISUSDTM | +0.0308% | 4h | 0.03754 | −0.372% | $441K | $27K | 10x | as long as short |
KuCoin NAORISUSDTM