Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BloFin−0.151%109s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as 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−$760.764% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.151%, 7d avg −0.035%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.116% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.035%). Swap the legs. The two prices were read 109 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 RARE-USDT | 0.01322 | 0.0123 | pay 0.0061% / 4h | 2h 11m | $105K | $12K | 25x |
| Short | MEXC RARE_USDT | 0.01320 | 0.0100 | get 0.0050% / 4h | 2h 11m | $622K | $171K | 100x |
BloFin RARE-USDT
MEXC RARE_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.83
- Price spread: −0.151% → −0.035%
- −$11.65
- Slippage, 4 orders
- −$60.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$92.85
- Costs to cover
- 0.764%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 67 min ago; MEXC: live order book, 29 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, 67 min ago | 11.31 bp | 29.7 bp −$30 | 142.5 bp −$1,425 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 29 min ago | 3.80 bp | 8.8 bp −$9 | 92.4 bp −$924 | 209.6 bp −$21.0K | 283.0 bp −$141.5K |
RARE 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDT | +0.0070% | 4h | 0.01320 | −0.151% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01318 | −0.268% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01321 | −0.108% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01322 | +0.015% | $309K | $86K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01319 | −0.227% | $49K | $28K | 20x | as long as short |
| MEXC RARE_USDTshort | +0.0100% | 4h | 0.01320 | −0.151% | $622K | $171K | 100x | |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01320 | −0.151% | $202K | $71K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01319 | −0.227% | $233K | $71K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01320 | −0.160% | $1K | $2K | — | as long as short |
| BloFin RARE-USDTlong | +0.0123% | 4h | 0.01322 | long leg | $105K | $12K | 25x |
BingX RARE-USDT
Aster RAREUSDT
Binance RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
Variational Omni RAREShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +1.2368% | 1h | 0.01333 | +0.845% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD