Funding you earn now, next payment 12:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against MEXC−0.062%49s7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as 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−$910.911% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.062%, 7d avg +0.037%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.100% cheaper against MEXC than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.037%). Swap the legs. 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 | MEXC Q_USDT | 0.02563 | 0.0566 | pay 0.0283% / 4h | 3h 56m | $122K | $86K | 50x |
| Short | BloFin Q-USDT | 0.02561 | 0.0547 | get 0.0273% / 4h | 3h 56m | $390K | $70K | 40x |
MEXC Q_USDT
BloFin Q-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
- −$4.03
- Price spread: −0.062% → +0.037%
- −$9.97
- Slippage, 4 orders
- −$71.1
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$105.1
- Costs to cover
- 0.911%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 13 min ago; BloFin: live order book, 19 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, 13 min ago | 1.37 bp | 8.1 bp −$8 | 21.4 bp −$214 | 184.2 bp −$18.4K | 511.5 bp −$255.7K |
| Sell BloFin live order book, 19 min ago | 4.87 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02560 | −0.125% | $1.2M | $294K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02557 | −0.226% | $681K | $18K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02562 | −0.023% | $2.3M | $133K | 20x | as long as short |
| Variational Omni Q | +0.0100% | 4h | 0.02560 | −0.134% | $617 | $2K | — | as long as short |
| Aster QUSDT | +0.0486% | 4h | 0.02563 | −0.007% | $59K | $46K | 5x | as long as short |
| BloFin Q-USDTshort | +0.0547% | 4h | 0.02561 | −0.062% | $390K | $70K | 40x | |
| MEXC Q_USDTlong | +0.0566% | 4h | 0.02563 | long leg | $122K | $86K | 50x | |
| Extended Q-USD | +0.0568% | 1h | 0.02563 | −0.009% | $8K | $175K | 5x | as long as short |
| Binance QUSDT | +0.0576% | 4h | 0.02563 | −0.004% | $7.1M | $1.4M | 20x | as long as short |
| Bybit QUSDT | +0.3202% | 4h | 0.02560 | −0.121% | $1.6M | $405K | 13x | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
Variational Omni Q
Aster QUSDT
Extended Q-USD
Binance QUSDT
Bybit QUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX Q-USDT | +0.3588% | 4h | 0.02569 | +0.226% | — | $1.3M | — | as long as short |
BingX Q-USDT