Settings8H · net · $10k
Funding arb · Price arb /

ORDER

all ORDER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.006%
Price spread now: BloFin against MEXC−0.072%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.072% cheaper against MEXC than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 11 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ORDER_USDT0.041380.0100pay 0.0050% / 4h1h 14m$280K$101K20x
ShortBloFin ORDER-USDT0.041350.0121get 0.0121% / 8h5h 14m$66K$7K16x

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

Funding earned
$4.42
Price spread: −0.072% → 0.000%
−$7.25
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$18.83
Costs to cover
0.160%
Break-even
36.8 days
Slippage unknown: MEXC: live order book, 30 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 30 min ago4.87 bp17.2 bp −$1767.8 bp −$678243.9 bp −$24.4Kdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ORDER on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ORDERUSDT+0.0100%4h0.041380.000%$1.4M$1.8M50xas long as short
Bybit ORDERUSDT+0.0100%8h0.04130−0.193%$1.3M$711K20xas long as short
OKX ORDER-USDT-SWAP+0.0100%4h0.04133−0.121%$172K$323K20xas long as short
Gate ORDER_USDT+0.0100%4h0.04133−0.121%$78K$65K20xas long as short
MEXC ORDER_USDTlong+0.0100%4h0.04138long leg$280K$101K20x
KuCoin ORDERUSDTM+0.0100%4h0.04141+0.072%$234K$87K30xas long as short
Bitget ORDERUSDT+0.0100%4h0.04133−0.121%$494K$236K20xas long as short
BingX ORDER-USDT+0.0100%4h0.04136−0.048%$1.3Mas long as short
Variational Omni ORDER+0.0100%8h0.04131−0.177%$11K$2Kas long as short
BloFin ORDER-USDTshort+0.0121%8h0.04135−0.072%$66K$7K16x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0717%4h0.04139+0.024%$195K$198K10xas long as short