Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BloFin+0.065%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1381.381% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.069%+$7 · spread now +0.065%, 7d avg −0.002%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.067% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SFP-USDT | 0.3055 | 0.0073 | pay 0.0073% / 8h | 1h 26m | $233K | $4K | 75x |
| Short | MEXC SFP_USDT | 0.3057 | 0.0100 | get 0.0100% / 8h | 1h 26m | $884K | $160K | 200x |
BloFin SFP-USDT
MEXC SFP_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
- $5.66
- Price spread: +0.065% → −0.002%
- $6.71
- Slippage, 4 orders
- −$122.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$125.72
- Costs to cover
- 1.381%
- Break-even
- 162.4 days
Slippage from BloFin: live order book, 49 min ago; MEXC: live order book, 49 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, 49 min ago | 4.90 bp | 33.8 bp −$34 | 141.6 bp −$1,416 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 49 min ago | 3.27 bp | 35.1 bp −$35 | 123.4 bp −$1,234 | 278.7 bp −$27.9K | doesn't fit |
SFP on 8 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 SFP-USDT | +0.0070% | 8h | 0.3057 | +0.065% | — | $1.4M | — | as long as short |
| BloFin SFP-USDTlong | +0.0073% | 8h | 0.3055 | long leg | $233K | $4K | 75x | |
| Binance SFPUSDT | +0.0100% | 8h | 0.3056 | +0.038% | $3.8M | $1.4M | 75x | as long as short |
| Gate SFP_USDT | +0.0100% | 8h | 0.3060 | +0.164% | $33K | $27K | 50x | as long as short |
| MEXC SFP_USDTshort | +0.0100% | 8h | 0.3057 | +0.065% | $884K | $160K | 200x | |
| KuCoin SFPUSDTM | +0.0100% | 8h | 0.3051 | −0.131% | $58K | $10K | 20x | as long as short |
| Bitget SFPUSDT | +0.0100% | 8h | 0.3056 | +0.033% | $79K | $48K | 75x | as long as short |
| Variational Omni SFP | +0.0100% | 8h | 0.3051 | −0.143% | $15K | $208 | — | as long as short |
BingX SFP-USDT
Binance SFPUSDT
Gate SFP_USDT
KuCoin SFPUSDTM
Bitget SFPUSDT
Variational Omni SFP