Settings8H · net · $10k
Funding arb · Price arb /

THE

all THE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against BloFin−0.226%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$950.945% of the position
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)+0.159%+$16 · spread now −0.226%, 7d avg −0.008%
Together, before fees+0.157%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.218% cheaper against BloFin than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin THE-USDT0.083940.0194pay 0.0097% / 4h1h 07m$142K$8K50x
ShortMEXC THE_USDT0.083750.0202get 0.0101% / 4h1h 07m$231K$156K50x

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

Funding earned
$1.62
Price spread: −0.226% → −0.008%
−$21.81
Slippage, 4 orders
−$78.54
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$114.74
Costs to cover
0.945%
Break-even
504.0 days
Slippage from BloFin: live order book, 65 min ago; MEXC: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 65 min ago1.20 bp31.2 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 9 min ago1.79 bp16.3 bp −$1681.3 bp −$813doesn't fitdoesn't fit

THE on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster THEUSDT+0.0100%4h0.08376−0.214%$5K$15K5xas long as short
Gate THE_USDT+0.0100%4h0.08370−0.286%$68K$76K10xas long as short
KuCoin THEUSDTM+0.0100%4h0.08367−0.322%$122K$114K10xas long as short
BloFin THE-USDTlong+0.0194%4h0.08394long leg$142K$8K50x
MEXC THE_USDTshort+0.0202%4h0.08375−0.226%$231K$156K50x
Binance THEUSDT+0.0203%4h0.08378−0.191%$2.2M$5.0M10xas long as short
Bitget THEUSDT+0.0350%4h0.08380−0.167%$482K$433K10xas long as short
BingX THE-USDT+0.0808%4h0.08373−0.250%$6.5Mas long as short
Bybit THEUSDT+0.0867%4h0.08357−0.441%$557K$479K20xas long as short