Funding you earn now, next payment 12:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against MEXC+0.687%49s7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as 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−$2372.366% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.478%−$48 · spread now +0.687%, 7d avg +0.089%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.598% dearer against MEXC than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of +0.089%. 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 NAORIS_USDT | 0.03783 | 0.0352 | pay 0.0176% / 4h | 3h 02m | $4.4M | $226K | 100x |
| Short | BloFin NAORIS-USDT | 0.03809 | 0.0394 | get 0.0197% / 4h | 3h 02m | $294K | $11K | 10x |
MEXC NAORIS_USDT
BloFin NAORIS-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
- $8.76
- Price spread: +0.687% → +0.089%
- $59.85
- Slippage, 4 orders
- −$216.62
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$168.01
- Costs to cover
- 2.366%
- Break-even
- 141.3 days
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 7 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, 5 min ago | 42.03 bp | 71.8 bp −$72 | 101.0 bp −$1,010 | 142.7 bp −$14.3K | doesn't fit |
| Sell BloFin live order book, 7 min ago | 11.85 bp | 50.8 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.03774 | −0.238% | $1.1M | $381K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03772 | −0.291% | $294K | $14K | 20x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03778 | −0.132% | $3.4M | $247K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03801 | +0.486% | $79K | $25K | — | as long as short |
| KuCoin NAORISUSDTM | +0.0114% | 4h | 0.03780 | −0.079% | $444K | $26K | 10x | as long as short |
| Aster NAORISUSDT | +0.0234% | 4h | 0.03776 | −0.185% | $5K | $6K | 5x | as long as short |
| BingX NAORIS-USDT | +0.0340% | 4h | 0.03776 | −0.185% | — | $1.3M | — | as long as short |
| Extended NAORIS-USD | +0.0352% | 1h | 0.03773 | −0.257% | $3K | $182K | 5x | as long as short |
| MEXC NAORIS_USDTlong | +0.0352% | 4h | 0.03783 | long leg | $4.4M | $226K | 100x | |
| Binance NAORISUSDT | +0.0353% | 4h | 0.03787 | +0.105% | $5.1M | $1.3M | 10x | as long as short |
Bybit NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
KuCoin NAORISUSDTM
Aster NAORISUSDT
BingX NAORIS-USDT
Extended NAORIS-USD
Binance NAORISUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDTshort | +0.0394% | 4h | 0.03809 | +0.687% | $294K | $11K | 10x |