Funding you earn now, next payment 12:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC+0.012%109s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as 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−$860.865% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now +0.012%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 109 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 THE_USDT | 0.08257 | 0.0264 | pay 0.0132% / 4h | 11m 17s | $201K | $178K | 50x |
| Short | BloFin THE-USDT | 0.08258 | 0.0200 | get 0.0100% / 4h | 11m 17s | $131K | $8K | 50x |
MEXC THE_USDT
BloFin THE-USDTFunding 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
- −$13.49
- Price spread: +0.012% → +0.010%
- $0.21
- Slippage, 4 orders
- −$70.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$99.77
- Costs to cover
- 0.865%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 11 min ago; BloFin: live order book, 13 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, 11 min ago | 1.21 bp | 13.0 bp −$13 | 77.3 bp −$773 | 332.9 bp −$33.3K | doesn't fit |
| Sell BloFin live order book, 13 min ago | 1.21 bp | 35.5 bp −$35 | 89.5 bp −$895 | doesn't fit | doesn't fit |
THE on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate THE_USDT | +0.0100% | 4h | 0.08270 | +0.157% | $69K | $71K | 10x | as long as short |
| KuCoin THEUSDTM | +0.0100% | 4h | 0.08256 | −0.012% | $112K | $123K | 10x | as long as short |
| Aster THEUSDT | +0.0119% | 4h | 0.08268 | +0.134% | $6K | $18K | 5x | as long as short |
| BloFin THE-USDTshort | +0.0200% | 4h | 0.08258 | +0.012% | $131K | $8K | 50x | |
| MEXC THE_USDTlong | +0.0264% | 4h | 0.08257 | long leg | $201K | $178K | 50x | |
| Binance THEUSDT | +0.0265% | 4h | 0.08259 | +0.024% | $2.1M | $5.2M | 10x | as long as short |
| Bybit THEUSDT | +0.0955% | 4h | 0.08258 | +0.012% | $550K | $475K | 20x | as long as short |
| BingX THE-USDT | +0.0998% | 4h | 0.08262 | +0.061% | — | $6.5M | — | as long as short |
| Bitget THEUSDT | +0.1062% | 4h | 0.08260 | +0.036% | $506K | $449K | 10x | as long as short |
Gate THE_USDT
KuCoin THEUSDTM
Aster THEUSDT
Binance THEUSDT
Bybit THEUSDT
BingX THE-USDT
Bitget THEUSDT