PTB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.013%

Price spread now: MEXC against BloFin0.000%49s7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as 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−$1071.074% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 3 days (all we have)−0.015%−$1 · spread now 0.000%, 7d avg −0.016%

Together, before fees−0.104%−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour. The two prices were read 49 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 PTB-USDT	0.001265	0.0829	pay 0.0415% / 4h	3h 10m	$549K	$1.0M	20x
Short	MEXC PTB_USDT	0.001265	0.0866	get 0.0433% / 4h	3h 10m	$459K	$1.2M	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 0.000%Rate

Funding earned: $7.76
Price spread: 0.000% → −0.016%: $1.65
Slippage, 4 orders: −$87.44
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$98.04
Costs to cover: 1.074%
Break-even: 95.5 days

Slippage from BloFin: live order book, 2 min ago; MEXC: live order book, 1 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, 2 min ago	6.74 bp	25.9 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.39 bp	27.1 bp −$27	70.5 bp −$705	256.0 bp −$25.6K	doesn't fit

PTB 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
Bybit PTBUSDT	+0.0100%	4h	0.001267	+0.126%	$2.1M	$27.5M	25x	as long as short
Variational Omni PTB	+0.0100%	4h	0.001267	+0.165%	$37K	$92K	—	as long as short
Aster PTBUSDT	+0.0798%	4h	0.001265	−0.024%	$86K	$1.0M	5x	as long as short
BloFin PTB-USDTlong	+0.0829%	4h	0.001265	long leg	$549K	$1.0M	20x
BingX PTB-USDT	+0.0852%	4h	0.001265	+0.016%	—	$2.5M	—	as long as short
Extended kPTB-USD	+0.0864%	1h	0.001265	−0.023%	$4K	$45K	5x	as long as short
MEXC PTB_USDTshort	+0.0866%	4h	0.001265	0.000%	$459K	$1.2M	20x
Binance PTBUSDT	+0.0894%	4h	0.001267	+0.158%	$9.6M	$184.4M	20x	as long as short
KuCoin PTBUSDTM	+0.0936%	4h	0.001265	+0.008%	$2.0M	$8.5M	20x	as long as short
Gate PTB_USDT	+0.2302%	4h	0.001266	+0.055%	$2.1M	$7.6M	25x	as long as short