RED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0325%/8h= −35.6% APRnext payment −$1.62 per $10,000 · paid last 24h −0.097%

Price spread now: BloFin against MEXC−0.026%7-day average +0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$180as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1091.093% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.705%−$70 on $10k

Price spread, last 3 days (all we have)+0.231%+$23 · spread now −0.026%, 7d avg +0.091%

Together, before fees−0.474%−$47 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BloFin is 0.118% cheaper against MEXC than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.091%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RED_USDT	0.1510	0.0386	pay 0.0193% / 4h	1h 09m	$553K	$173K	20x
Short	BloFin RED-USDT	0.1510	0.0061	get 0.0031% / 4h	1h 09m	$225K	$5K	25x

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 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$68.19
Price spread: −0.026% → +0.091%: −$11.79
Slippage, 4 orders: −$93.27
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$189.24
Costs to cover: 1.093%
Break-even: never at this rate

Slippage from MEXC: live order book, 66 min ago; BloFin: live order book, 66 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, 66 min ago	3.32 bp	10.1 bp −$10	42.7 bp −$427	220.4 bp −$22.0K	496.4 bp −$248.2K
Sell BloFin live order book, 66 min ago	4.64 bp	46.5 bp −$47	doesn't fit	doesn't fit	doesn't fit

RED 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 RED-USDTshort	+0.0061%	4h	0.1510	−0.026%	$225K	$5K	25x
Aster REDUSDT	+0.0100%	4h	0.1510	+0.031%	$21K	$36K	5x	as long as short
Binance REDUSDT	+0.0100%	4h	0.1511	+0.038%	$2.4M	$3.8M	50x	as long as short
Bybit REDUSDT	+0.0100%	4h	0.1511	+0.040%	$2.2M	$1.7M	25x	as long as short
Gate RED_USDT	+0.0100%	4h	0.1510	0.000%	$349K	$151K	25x	as long as short
Bitget REDUSDT	+0.0100%	4h	0.1510	0.000%	$723K	$296K	20x	as long as short
Variational Omni RED	+0.0100%	4h	0.1510	−0.020%	$25K	$3K	—	as long as short
SunX RED-USDT	+0.0100%	4h	0.1547	+2.450%	$1K	$664K	20x	as long as short
Extended RED-USD	+0.0104%	1h	0.1510	+0.010%	$30	—	5x	as long as short
MEXC RED_USDTlong	+0.0386%	4h	0.1510	long leg	$553K	$173K	20x