NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.04 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against MEXC+0.039%49s7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as 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−$690.694% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.193%+$19 · spread now +0.039%, 7d avg −0.002%

Together, before fees+0.192%+$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.041% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.002%. 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 NOT_USDT	0.0005072	0.0100	pay 0.0050% / 4h	26m 22s	$1.3M	$433K	200x
Short	BloFin NOT-USDT	0.0005074	0.0093	get 0.0046% / 4h	26m 22s	$110K	$16K	50x

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 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$1.56
Price spread: +0.039% → −0.002%: $4.15
Slippage, 4 orders: −$53.4
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$66.82
Costs to cover: 0.694%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; BloFin: 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 MEXC live order book, 5 min ago	1.97 bp	16.4 bp −$16	58.9 bp −$589	91.2 bp −$9,124	106.7 bp −$53.4K
Sell BloFin live order book, 2 min ago	6.90 bp	19.0 bp −$19	65.3 bp −$653	doesn't fit	doesn't fit

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
Variational Omni NOT	−0.0375%	4h	0.0005062	−0.195%	$72K	$39K	—	as long as short
KuCoin NOTUSDTM	−0.0230%	4h	0.0005064	−0.158%	$471K	$128K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.904%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDTshort	+0.0093%	4h	0.0005074	+0.039%	$110K	$16K	50x
Lighter 1000NOT	+0.0096%	1h	0.0005081	+0.185%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005070	−0.039%	$360K	$57K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005072	+0.002%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005072	+0.002%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005064	−0.158%	$2.1M	$854K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005066	−0.118%	$642K	$671K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005060	−0.237%	$140K	$70K	50x	as long as short
MEXC NOT_USDTlong	+0.0100%	4h	0.0005072	long leg	$1.3M	$433K	200x
Bitget NOTUSDT	+0.0100%	4h	0.0005076	+0.079%	$672K	$412K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0005068	−0.079%	—	$725K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005069	−0.053%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1697%	1h	0.0005089	+0.345%	$50K	$9K	10x	as long as short