Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC−0.008%64s7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as 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−$1101.101% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.008%, 7d avg +0.039%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.047% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.039%). 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 | MEXC POWER_USDT | 0.1220 | 0.0100 | pay 0.0050% / 4h | 26m 10s | $14.1M | $438K | 20x |
| Short | BloFin POWER-USDT | 0.1220 | 0.0084 | get 0.0042% / 4h | 26m 10s | $210K | $131K | 20x |
MEXC POWER_USDT
BloFin POWER-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
- −$3.28
- Price spread: −0.008% → +0.039%
- −$4.71
- Slippage, 4 orders
- −$98.13
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$118.13
- Costs to cover
- 1.101%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 5 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 | 1.64 bp | 27.5 bp −$27 | 42.2 bp −$422 | 115.8 bp −$11.6K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 7.37 bp | 28.6 bp −$29 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin POWER-USDTshort | +0.0084% | 4h | 0.1220 | −0.008% | $210K | $131K | 20x | |
| Binance POWERUSDT | +0.0100% | 4h | 0.1221 | +0.024% | $3.6M | $5.6M | 20x | as long as short |
| Bybit POWERUSDT | +0.0100% | 4h | 0.1220 | +0.008% | $2.0M | $1.5M | 20x | as long as short |
| Gate POWER_USDT | +0.0100% | 8h | 0.1222 | +0.172% | $230K | $115K | 20x | as long as short |
| MEXC POWER_USDTlong | +0.0100% | 4h | 0.1220 | long leg | $14.1M | $438K | 20x | |
| KuCoin POWERUSDTM | +0.0100% | 4h | 0.1217 | −0.229% | $2.4M | $15.2M | 20x | as long as short |
| Bitget POWERUSDT | +0.0100% | 4h | 0.1221 | +0.082% | $3.3M | $510K | 20x | as long as short |
| BingX POWER-USDT | +0.0100% | 4h | 0.1220 | 0.000% | — | $1.4M | — | as long as short |
| Variational Omni POWER | +0.0100% | 4h | 0.1221 | +0.069% | $18K | $3K | — | as long as short |
| Aster POWERUSDT | +0.0236% | 4h | 0.1219 | −0.080% | $24K | $26K | 5x | as long as short |
Binance POWERUSDT
Bybit POWERUSDT
Gate POWER_USDT
KuCoin POWERUSDTM
Bitget POWERUSDT
BingX POWER-USDT
Variational Omni POWER
Aster POWERUSDT