Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against MEXC−0.103%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.103%, 7d avg −0.001%
=Funding pays, the price is against you. BloFin is 0.102% cheaper against MEXC than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.001%). If the spread goes back, that is −$10 on $10k: about 16 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PTB_USDT | 0.0009728 | 0.0646 | pay 0.0323% / 4h | 1h 07m | $289K | $543K | 20x |
| Short | BloFin PTB-USDT | 0.0009718 | 0.0668 | get 0.0334% / 4h | 1h 07m | $392K | $314K | 20x |
Funding 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
- $4.56
- Price spread: −0.103% → −0.001%
- −$10.22
- Slippage, 4 orders
- −$94.04
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$119.69
- Costs to cover
- 1.140%
- Break-even
- 190.6 days
Slippage from MEXC: live order book, 33 min ago; BloFin: live order book, 13 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, 33 min ago | 3.87 bp | 37.7 bp −$38 | 83.4 bp −$834 | 273.9 bp −$27.4K | doesn't fit |
| Sell BloFin live order book, 13 min ago | 4.08 bp | 35.1 bp −$35 | doesn't fit | doesn't fit | 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 | 0.0009738 | +0.103% | $1.4M | $15.4M | 25x | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.0009826 | +1.004% | $28K | $60K | — | as long as short |
| Gate PTB_USDT | +0.0356% | 4h | 0.0009730 | +0.021% | $1.7M | $3.7M | 25x | as long as short |
| KuCoin PTBUSDTM | +0.0372% | 4h | 0.0009727 | −0.010% | $1.5M | $6.0M | 20x | as long as short |
| Extended kPTB-USD | +0.0640% | 1h | 0.0009717 | −0.108% | $3K | $29K | 5x | as long as short |
| Binance PTBUSDT | +0.0641% | 4h | 0.0009744 | +0.164% | $6.7M | $90.2M | 20x | as long as short |
| MEXC PTB_USDTlong | +0.0646% | 4h | 0.0009728 | long leg | $289K | $543K | 20x | |
| BingX PTB-USDT | +0.0648% | 4h | 0.0009738 | +0.103% | — | $1.9M | — | as long as short |
| BloFin PTB-USDTshort | +0.0668% | 4h | 0.0009718 | −0.103% | $392K | $314K | 20x | |
| Aster PTBUSDT | +0.0812% | 4h | 0.0009729 | +0.013% | $69K | $693K | 5x | as long as short |
MEXC PTB_USDT
BloFin PTB-USDT
Bybit PTBUSDT
Variational Omni PTB
Gate PTB_USDT
KuCoin PTBUSDTM
Extended kPTB-USD
Binance PTBUSDT
BingX PTB-USDT
Aster PTBUSDT