STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.002%

Price spread now: MEXC against BloFin+0.165%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$690.691% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.245%−$24 · spread now +0.165%, 7d avg −0.004%

Together, before fees−0.243%−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.169% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin STABLE-USDT	0.02425	0.0083	pay 0.0041% / 4h	2h 20m	$113K	$7K	75x
Short	MEXC STABLE_USDT	0.02429	0.0100	get 0.0050% / 4h	2h 20m	$581K	$165K	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 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 BloFinbpFee MEXCbpOrdersPrice spread, now +0.165%Rate

Funding earned: $3.61
Price spread: +0.165% → −0.004%: $16.94
Slippage, 4 orders: −$49.05
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$48.5
Costs to cover: 0.691%
Break-even: 101.1 days

Slippage from BloFin: live order book, 58 min ago; MEXC: live order book, 19 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, 58 min ago	6.14 bp	12.1 bp −$12	42.2 bp −$422	doesn't fit	doesn't fit
Sell MEXC live order book, 19 min ago	2.06 bp	11.8 bp −$12	48.2 bp −$482	227.1 bp −$22.7K	716.4 bp −$358.2K

STABLE on 15 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 STABLE-USDTlong	+0.0083%	4h	0.02425	long leg	$113K	$7K	75x
Lighter STABLE	+0.0096%	1h	0.02442	+0.705%	$112K	$6K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02428	+0.124%	$854K	$183K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02430	+0.217%	$18K	$10K	20x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02429	+0.165%	$2.4M	$2.8M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02432	+0.285%	$1.5M	$788K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02431	+0.247%	$208K	$429K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02429	+0.165%	$173K	$59K	50x	as long as short
MEXC STABLE_USDTshort	+0.0100%	4h	0.02429	+0.165%	$581K	$165K	20x
KuCoin STABLEUSDTM	+0.0100%	4h	0.02433	+0.330%	$176K	$28K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget STABLEUSDT	+0.0100%	4h	0.02430	+0.206%	$279K	$94K	25x	as long as short
BingX STABLE-USDT	+0.0100%	4h	0.02430	+0.206%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02431	+0.230%	$142K	$8K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02429	+0.144%	$1K	$915K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02428	+0.138%	$12K	$230K	10x	as long as short