Funding you earn now, next payment 04:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.30 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC−0.055%94s7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as 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−$830.831% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.055%, 7d avg +0.038%
=Funding pays, the price is against you. BloFin is 0.093% cheaper against MEXC than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of +0.038%). If the spread goes back, that is −$9 on $10k: about 5.2 days of funding at the current rate (+$2 a day). The two prices were read 94 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 NOM_USDT | 0.001802 | 0.0100 | pay 0.0050% / 4h | 25m 41s | $398K | $194K | 20x |
| Short | BloFin NOM-USDT | 0.001801 | 0.0159 | get 0.0080% / 4h | 25m 41s | $321K | $8K | 20x |
Funding 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
- $12.43
- Price spread: −0.055% → +0.038%
- −$9.31
- Slippage, 4 orders
- −$67.07
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$79.95
- Costs to cover
- 0.831%
- Break-even
- 52.0 days
Slippage from MEXC: live order book, 15 min ago; BloFin: live order book, 9 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, 15 min ago | 2.78 bp | 14.9 bp −$15 | 77.2 bp −$772 | 269.2 bp −$26.9K | doesn't fit |
| Sell BloFin live order book, 9 min ago | 2.79 bp | 28.5 bp −$29 | 90.8 bp −$908 | doesn't fit | doesn't fit |
NOM on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NOMUSDT | +0.0100% | 4h | 0.001806 | +0.201% | $7K | $4K | 5x | as long as short |
| Binance NOMUSDT | +0.0100% | 4h | 0.001801 | −0.055% | $3.4M | $3.1M | 10x | as long as short |
| Bybit NOMUSDT | +0.0100% | 4h | 0.001804 | +0.111% | $674K | $237K | 25x | as long as short |
| Gate NOM_USDT | +0.0100% | 4h | 0.001801 | −0.055% | $208K | $37K | 10x | as long as short |
| MEXC NOM_USDTlong | +0.0100% | 4h | 0.001802 | long leg | $398K | $194K | 20x | |
| BloFin NOM-USDTshort | +0.0159% | 4h | 0.001801 | −0.055% | $321K | $8K | 20x | |
| KuCoin NOMUSDTM | +0.0252% | 4h | 0.001801 | −0.055% | $468K | $83K | 20x | as long as short |
MEXC NOM_USDT
BloFin NOM-USDT
Aster NOMUSDT
Binance NOMUSDT
Bybit NOMUSDT
Gate NOM_USDT
KuCoin NOMUSDTM