Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC+0.130%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)−0.231%−$23 · spread now +0.130%, 7d avg −0.001%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.132% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SFP_USDT | 0.3071 | 0.0100 | pay 0.0100% / 8h | 7h 37m | $885K | $160K | 200x |
| Short | BloFin SFP-USDT | 0.3075 | 0.0129 | get 0.0129% / 8h | 7h 37m | $234K | $4K | 75x |
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
- $6.06
- Price spread: +0.130% → −0.001%
- $13.16
- Slippage, 4 orders
- −$90.12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$86.9
- Costs to cover
- 1.061%
- Break-even
- 107.4 days
Slippage from MEXC: live order book, 29 min ago; BloFin: 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 MEXC live order book, 29 min ago | 3.26 bp | 18.8 bp −$19 | 114.5 bp −$1,145 | 282.0 bp −$28.2K | doesn't fit |
| Sell BloFin live order book, 29 min ago | 6.53 bp | 35.3 bp −$35 | 105.8 bp −$1,058 | doesn't fit | 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 | 0.3073 | +0.065% | — | $1.4M | — | as long as short |
| Binance SFPUSDT | +0.0100% | 8h | 0.3073 | +0.065% | $3.8M | $1.4M | 75x | as long as short |
| Gate SFP_USDT | +0.0100% | 8h | 0.3071 | 0.000% | $32K | $28K | 50x | as long as short |
| MEXC SFP_USDTlong | +0.0100% | 8h | 0.3071 | long leg | $885K | $160K | 200x | |
| KuCoin SFPUSDTM | +0.0100% | 8h | 0.3067 | −0.130% | $58K | $10K | 20x | as long as short |
| Bitget SFPUSDT | +0.0100% | 8h | 0.3073 | +0.065% | $80K | $48K | 75x | as long as short |
| Variational Omni SFP | +0.0100% | 8h | 0.3070 | −0.032% | $15K | $208 | — | as long as short |
| BloFin SFP-USDTshort | +0.0129% | 8h | 0.3075 | +0.130% | $234K | $4K | 75x |
MEXC SFP_USDT
BloFin SFP-USDT
BingX SFP-USDT
Binance SFPUSDT
Gate SFP_USDT
KuCoin SFPUSDTM
Bitget SFPUSDT
Variational Omni SFP