Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.006%
Price spread now: MEXC against BloFin−0.101%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$680.682% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.231%−$23 · spread now −0.101%, 7d avg −0.016%
=Funding pays, the price is against you. MEXC is 0.085% cheaper against BloFin than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.016%). If the spread goes back, that is −$9 on $10k: about 9.4 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.006% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PORTAL-USDT | 0.01987 | 0.0070 | pay 0.0035% / 4h | 3h 48m | $205K | $18K | 10x |
| Short | MEXC PORTAL_USDT | 0.01985 | 0.0100 | get 0.0050% / 4h | 3h 48m | $892K | $378K | 50x |
BloFin PORTAL-USDT
MEXC PORTAL_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.31
- Price spread: −0.101% → −0.016%
- −$8.51
- Slippage, 4 orders
- −$52.16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$70.36
- Costs to cover
- 0.682%
- Break-even
- 85.0 days
Slippage from BloFin: live order book, 42 min ago; MEXC: live order book, 62 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 | 2.52 bp | 19.1 bp −$19 | 117.1 bp −$1,171 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 62 min ago | 2.54 bp | 11.3 bp −$11 | 63.0 bp −$630 | 321.2 bp −$32.1K | 625.8 bp −$312.9K |
PORTAL 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PORTAL-USDTlong | +0.0070% | 4h | 0.01987 | long leg | $205K | $18K | 10x | |
| Aster PORTALUSDT | +0.0100% | 4h | 0.01985 | −0.093% | $13K | $41K | 5x | as long as short |
| Binance PORTALUSDT | +0.0100% | 4h | 0.01986 | −0.070% | $3.2M | $5.2M | 10x | as long as short |
| Bybit PORTALUSDT | +0.0100% | 4h | 0.01987 | −0.005% | $1.3M | $895K | 20x | as long as short |
| MEXC PORTAL_USDTshort | +0.0100% | 4h | 0.01985 | −0.101% | $892K | $378K | 50x | |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.01987 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni PORTAL | +0.0100% | 4h | 0.01988 | +0.040% | $1K | $6K | — | as long as short |
| KuCoin PORTALUSDTM | +0.0182% | 4h | 0.01987 | 0.000% | $338K | $115K | 10x | as long as short |
| Kraken Futures PF_PORTALUSD | +0.1410% | 1h | 0.01990 | +0.148% | $36K | $193K | 10x | as long as short |
Aster PORTALUSDT
Binance PORTALUSDT
Bybit PORTALUSDT
BingX PORTAL-USDT
Variational Omni PORTAL
KuCoin PORTALUSDTM
Kraken Futures PF_PORTALUSD