POWER

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0013%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.002%

Price spread now: MEXC against BloFin−0.083%64s7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as 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−$950.947% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.083%, 7d avg −0.036%

Together, before fees+0.139%+$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.047% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.036%). Swap the legs. The two prices were read 64 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	BloFin POWER-USDT	0.1200	0.0113	pay 0.0057% / 4h	3h 56m	$169K	$128K	20x
Short	MEXC POWER_USDT	0.1199	0.0100	get 0.0050% / 4h	3h 56m	$13.9M	$421K	20x

Funding 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 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 BloFinbpFee MEXCbpOrdersPrice spread, now −0.083%Rate

Funding earned: −$2.82
Price spread: −0.083% → −0.036%: −$4.73
Slippage, 4 orders: −$82.69
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$102.24
Costs to cover: 0.947%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; MEXC: 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 BloFin live order book, 9 min ago	1.25 bp	30.0 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.25 bp	2.5 bp −$2	35.1 bp −$351	90.9 bp −$9,090	doesn't fit

POWER on 10 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
Aster POWERUSDT	+0.0100%	4h	0.1199	−0.133%	$24K	$26K	5x	as long as short
Binance POWERUSDT	+0.0100%	4h	0.1199	−0.092%	$3.6M	$5.5M	20x	as long as short
Bybit POWERUSDT	+0.0100%	4h	0.1199	−0.117%	$2.0M	$1.6M	20x	as long as short
Gate POWER_USDT	+0.0100%	8h	0.1201	+0.017%	$230K	$109K	20x	as long as short
MEXC POWER_USDTshort	+0.0100%	4h	0.1199	−0.083%	$13.9M	$421K	20x
KuCoin POWERUSDTM	+0.0100%	4h	0.1196	−0.383%	$2.4M	$14.1M	20x	as long as short
Bitget POWERUSDT	+0.0100%	4h	0.1200	−0.025%	$3.3M	$511K	20x	as long as short
BingX POWER-USDT	+0.0100%	4h	0.1199	−0.075%	—	$1.4M	—	as long as short
Variational Omni POWER	+0.0100%	4h	0.1197	−0.301%	$18K	$3K	—	as long as short
BloFin POWER-USDTlong	+0.0113%	4h	0.1200	long leg	$169K	$128K	20x