Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BloFin−0.118%79s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as 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−$820.819% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.118%, 7d avg −0.048%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.069% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.048%). Swap the legs. The two prices were read 79 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 SPACE-USDT | 0.005102 | 0.0116 | pay 0.0058% / 4h | 47m 40s | $159K | $9K | 50x |
| Short | MEXC SPACE_USDT | 0.005096 | 0.0100 | get 0.0050% / 4h | 47m 40s | $411K | $151K | 20x |
Funding 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
- −$3.34
- Price spread: −0.118% → −0.048%
- −$6.92
- Slippage, 4 orders
- −$65.86
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$92.12
- Costs to cover
- 0.819%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 49 min ago; MEXC: live order book, 58 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 | 1.95 bp | 17.6 bp −$18 | 146.8 bp −$1,468 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 58 min ago | 1.94 bp | 13.0 bp −$13 | 71.2 bp −$712 | 416.7 bp −$41.7K | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDT | +0.0100% | 4h | 0.005097 | −0.098% | $1.8M | $2.2M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005085 | −0.333% | $788K | $194K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005082 | −0.392% | $1.5M | $1.2M | 20x | as long as short |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005083 | −0.372% | $764K | $349K | 20x | as long as short |
| MEXC SPACE_USDTshort | +0.0100% | 4h | 0.005096 | −0.118% | $411K | $151K | 20x | |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005080 | −0.431% | $643K | $100K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005078 | −0.470% | $893K | $243K | 20x | as long as short |
| BloFin SPACE-USDTlong | +0.0116% | 4h | 0.005102 | long leg | $159K | $9K | 50x | |
| Aster SPACEUSDT | +0.0800% | 4h | 0.005085 | −0.342% | $17K | $32K | 5x | as long as short |
BloFin SPACE-USDT
MEXC SPACE_USDT
Binance SPACEUSDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
Gate SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Aster SPACEUSDT