Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC−0.133%94s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as 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−$1061.057% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.133%, 7d avg −0.038%
=Funding pays, the price is against you. BloFin is 0.096% cheaper against MEXC than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.038%). If the spread goes back, that is −$10 on $10k: about 8.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.017% in total) that is about 39 days. The two prices were read 94 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 SIGN_USDT | 0.01199 | 0.0088 | pay 0.0044% / 4h | 2h 13m | $12.1M | $122K | 20x |
| Short | BloFin SIGN-USDT | 0.01197 | 0.0128 | get 0.0064% / 4h | 2h 13m | $121K | $16K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.38
- Price spread: −0.133% → −0.038%
- −$9.56
- Slippage, 4 orders
- −$89.69
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$106.87
- Costs to cover
- 1.057%
- Break-even
- 96.3 days
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 65 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, 5 min ago | 2.92 bp | 15.9 bp −$16 | 111.5 bp −$1,115 | 271.3 bp −$27.1K | doesn't fit |
| Sell BloFin live order book, 65 min ago | 0.83 bp | 27.2 bp −$27 | 91.0 bp −$910 | doesn't fit | doesn't fit |
SIGN on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SIGNUSDT | −0.0299% | 1h | 0.01199 | +0.025% | $30K | $672K | 50x | as long as short |
| Variational Omni SIGN | −0.0182% | 4h | 0.01195 | −0.296% | $82K | $793 | — | as long as short |
| Aster SIGNUSDT | −0.0178% | 4h | 0.01199 | +0.014% | $10K | $5K | 5x | as long as short |
| MEXC SIGN_USDTlong | +0.0088% | 4h | 0.01199 | long leg | $12.1M | $122K | 20x | |
| Binance SIGNUSDT | +0.0090% | 4h | 0.01199 | −0.007% | $2.3M | $1.6M | 25x | as long as short |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01196 | −0.192% | $2.1M | $362K | 25x | as long as short |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01199 | +0.050% | $649K | $268K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01197 | −0.142% | $89K | $34K | 25x | as long as short |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01199 | +0.025% | $1.5M | $14K | 25x | as long as short |
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01198 | −0.042% | $907K | $175K | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SIGN-USDT | +0.0100% | 4h | 0.01198 | −0.033% | — | $6.6M | — | as long as short |
| BloFin SIGN-USDTshort | +0.0128% | 4h | 0.01197 | −0.133% | $121K | $16K | 25x |
MEXC SIGN_USDT
BloFin SIGN-USDT
ApeX Omni SIGNUSDT
Variational Omni SIGN
Aster SIGNUSDT
Binance SIGNUSDT
Bybit SIGNUSDT
OKX SIGN-USDT-SWAP
Gate SIGN_USDT
KuCoin SIGNUSDTM
Bitget SIGNUSDT
BingX SIGN-USDT