Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.059%
Price spread now: MEXC against BloFin+0.360%94s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as 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−$870.873% of the position
Funding, last 7 days−0.195%−$19 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.360%, 7d avg +0.015%
=The price spread pays, funding is against you. MEXC is 0.346% dearer against BloFin than usual: you sell high and buy low (spread +0.360% now, against its 7-day average of +0.015%): +$35 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.8 days. At the pace of the last 7 days (−0.195% in total) that is about 12 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 | BloFin SUPER-USDT | 0.1499 | 0.0340 | pay 0.0170% / 4h | 2h 19m | $148K | $169K | 75x |
| Short | MEXC SUPER_USDT | 0.1504 | 0.0100 | get 0.0050% / 4h | 2h 19m | $1.5M | $595K | 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
- −$50.4
- Price spread: +0.360% → +0.015%
- $34.58
- Slippage, 4 orders
- −$67.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$103.11
- Costs to cover
- 0.873%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 60 min ago; MEXC: live order book, 2 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, 60 min ago | 0.33 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.00 bp | 17.9 bp −$18 | 54.8 bp −$548 | 77.5 bp −$7,755 | doesn't fit |
SUPER on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SUPER | +0.0100% | 1h | 0.1512 | +0.901% | $499K | $345K | 3x | as long as short |
| Binance SUPERUSDT | +0.0100% | 4h | 0.1510 | +0.727% | $2.3M | $5.6M | 50x | as long as short |
| Bybit SUPERUSDT | +0.0100% | 4h | 0.1508 | +0.641% | $1.1M | $1.6M | 25x | as long as short |
| Gate SUPER_USDT | +0.0100% | 8h | 0.1500 | +0.093% | $130K | $92K | 50x | as long as short |
| MEXC SUPER_USDTshort | +0.0100% | 4h | 0.1504 | +0.360% | $1.5M | $595K | 20x | |
| KuCoin SUPERUSDTM | +0.0100% | 4h | 0.1499 | +0.060% | $618K | $169K | 50x | as long as short |
| Bitget SUPERUSDT | +0.0100% | 4h | 0.1509 | +0.694% | $526K | $279K | 25x | as long as short |
| BingX SUPER-USDT | +0.0100% | 4h | 0.1502 | +0.227% | — | $2.4M | — | as long as short |
| Variational Omni SUPER | +0.0100% | 4h | 0.1500 | +0.123% | $80K | $3K | — | as long as short |
| BloFin SUPER-USDTlong | +0.0340% | 4h | 0.1499 | long leg | $148K | $169K | 75x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUPERUSD | +0.2378% | 1h | 0.1511 | +0.816% | $50K | $8K | 10x | as long as short |
BloFin SUPER-USDT
MEXC SUPER_USDT
Hyperliquid SUPER
Binance SUPERUSDT
Bybit SUPERUSDT
Gate SUPER_USDT
KuCoin SUPERUSDTM
Bitget SUPERUSDT
BingX SUPER-USDT
Variational Omni SUPER
Kraken Futures PF_SUPERUSD