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: BloFin against MEXC+0.101%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as 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%
=The price spread pays, funding is against you. BloFin is 0.085% dearer against MEXC than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of +0.016%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.5 days. 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 | MEXC PORTAL_USDT | 0.01985 | 0.0100 | pay 0.0050% / 4h | 3h 48m | $892K | $378K | 50x |
| Short | BloFin PORTAL-USDT | 0.01987 | 0.0070 | get 0.0035% / 4h | 3h 48m | $205K | $18K | 10x |
MEXC PORTAL_USDT
BloFin PORTAL-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
- −$6.31
- Price spread: +0.101% → +0.016%
- $8.52
- Slippage, 4 orders
- −$52.16
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$65.95
- Costs to cover
- 0.682%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 62 min ago; BloFin: live order book, 42 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, 62 min ago | 2.54 bp | 14.7 bp −$15 | 108.3 bp −$1,083 | 333.5 bp −$33.3K | 643.7 bp −$321.9K |
| Sell BloFin live order book, 42 min ago | 2.52 bp | 23.0 bp −$23 | 76.8 bp −$768 | doesn't fit | doesn't fit |
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-USDTshort | +0.0070% | 4h | 0.01987 | +0.101% | $205K | $18K | 10x | |
| Aster PORTALUSDT | +0.0100% | 4h | 0.01985 | +0.007% | $13K | $41K | 5x | as long as short |
| Binance PORTALUSDT | +0.0100% | 4h | 0.01986 | +0.026% | $3.2M | $5.2M | 10x | as long as short |
| Bybit PORTALUSDT | +0.0100% | 4h | 0.01987 | +0.101% | $1.3M | $895K | 20x | as long as short |
| MEXC PORTAL_USDTlong | +0.0100% | 4h | 0.01985 | long leg | $892K | $378K | 50x | |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.01986 | +0.050% | — | $1.3M | — | as long as short |
| Variational Omni PORTAL | +0.0100% | 4h | 0.01988 | +0.141% | $1K | $6K | — | as long as short |
| KuCoin PORTALUSDTM | +0.0182% | 4h | 0.01987 | +0.101% | $338K | $115K | 10x | as long as short |
| Kraken Futures PF_PORTALUSD | +0.1410% | 1h | 0.01990 | +0.249% | $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