Funding you earn now, next payment 01:00 UTC−0.1016%/8h= −111.3% APRnext payment −$1.27 per $10,000 · paid last 24h −0.268%
Price spread now: BloFin against MEXC−0.486%94s7-day average −0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs−$338as 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−$770.772% of the position
Funding, last 7 days−2.612%−$261 on $10k
+Price spread, last 3 days (all we have)−0.086%−$9 · spread now −0.486%, 7d avg −0.162%
=Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and BloFin is 0.323% cheaper against MEXC than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of −0.162%). Swap the legs. 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 ONE_USDT | 0.004284 | −0.0896 | get 0.0112% / 1h | 11m 38s | $11.3M | $17.0M | 20x |
| Short | BloFin ONE-USDT | 0.004263 | −0.1912 | pay 0.0239% / 1h | 11m 38s | $803K | $3.0M | 50x |
MEXC ONE_USDT
BloFin ONE-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
- −$213.41
- Price spread: −0.486% → −0.162%
- −$32.31
- Slippage, 4 orders
- −$61.22
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$322.95
- Costs to cover
- 0.772%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 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, 2 min ago | 0.12 bp | 18.3 bp −$18 | 79.5 bp −$795 | 265.1 bp −$26.5K | doesn't fit |
| Sell BloFin live order book, 2 min ago | 3.04 bp | 24.5 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 ONE | −0.4794% | 1h | 0.004233 | −1.196% | $103K | $55K | — | as long as short |
| Bitget ONEUSDT | −0.2808% | 1h | 0.004317 | +0.761% | $2.0M | $35.9M | 20x | as long as short |
| Aster ONEUSDT | −0.1929% | 1h | 0.004283 | −0.021% | $2.3M | $7.1M | 5x | as long as short |
| BloFin ONE-USDTshort | −0.1912% | 1h | 0.004263 | −0.486% | $803K | $3.0M | 50x | |
| Gate ONE_USDT | −0.1483% | 8h | 0.004268 | −0.378% | $1.7M | $16.7M | 20x | as long as short |
| MEXC ONE_USDTlong | −0.0896% | 1h | 0.004284 | long leg | $11.3M | $17.0M | 20x | |
| Binance ONEUSDT | −0.0894% | 1h | 0.004279 | −0.111% | $14.5M | $357.4M | 50x | as long as short |
| BingX ONE-USDT | −0.0096% | 1h | 0.004323 | +0.896% | — | $6.5M | — | as long as short |
| KuCoin ONEUSDTM | +0.2120% | 1h | 0.004509 | +5.247% | $4.6M | $13.1M | 30x | as long as short |
Variational Omni ONE
Bitget ONEUSDT
Aster ONEUSDT
Gate ONE_USDT
Binance ONEUSDT
BingX ONE-USDT
KuCoin ONEUSDTM