NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against BloFin+0.040%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$620.624% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.525%−$52 · spread now +0.040%, 7d avg +0.001%

Together, before fees−0.523%−$52 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.038% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NOT-USDT	0.0005053	0.0064	pay 0.0032% / 4h	3h 13m	$108K	$18K	50x
Short	MEXC NOT_USDT	0.0005055	0.0100	get 0.0050% / 4h	3h 13m	$1.4M	$463K	200x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now +0.040%Rate

Funding earned: $7.48
Price spread: +0.040% → +0.001%: $3.84
Slippage, 4 orders: −$46.42
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$51.11
Costs to cover: 0.624%
Break-even: 54.8 days

Slippage from BloFin: live order book, 42 min ago; MEXC: live order book, 3 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, 42 min ago	2.99 bp	20.6 bp −$21	67.1 bp −$671	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.97 bp	12.5 bp −$12	29.7 bp −$297	90.7 bp −$9,068	109.4 bp −$54.7K

NOT on 16 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
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.542%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDTlong	+0.0064%	4h	0.0005053	long leg	$108K	$18K	50x
Lighter 1000NOT	+0.0096%	1h	0.0005066	+0.265%	$11K	$6K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005050	−0.059%	$340K	$66K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005052	−0.012%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005054	+0.020%	$2.1M	$2.9M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005052	−0.020%	$2.1M	$813K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005056	+0.059%	$645K	$658K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005050	−0.059%	$141K	$59K	50x	as long as short
MEXC NOT_USDTshort	+0.0100%	4h	0.0005055	+0.040%	$1.4M	$463K	200x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOTUSDTM	+0.0100%	4h	0.0005050	−0.059%	$494K	$135K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005063	+0.198%	$679K	$480K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005057	+0.079%	—	$8.3M	—	as long as short
Variational Omni NOT	+0.0100%	4h	0.0005049	−0.084%	$72K	$38K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005054	+0.013%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1146%	1h	0.0005062	+0.172%	$49K	$5K	10x	as long as short