Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against BloFin−0.047%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1021.025% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.047%, 7d avg −0.050%
=The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TOWNS-USDT | 0.002121 | 0.0140 | pay 0.0070% / 4h | 38m 36s | $132K | $4K | 10x |
| Short | MEXC TOWNS_USDT | 0.002120 | 0.0100 | get 0.0050% / 4h | 38m 36s | $436K | $137K | 100x |
BloFin TOWNS-USDT
MEXC TOWNS_USDTFunding 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
- −$8.38
- Price spread: −0.047% → −0.050%
- $0.25
- Slippage, 4 orders
- −$86.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$110.61
- Costs to cover
- 1.025%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 28 min ago; MEXC: live order book, 47 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, 28 min ago | 2.38 bp | 39.7 bp −$40 | 242.6 bp −$2,426 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 2.38 bp | 15.1 bp −$15 | 102.9 bp −$1,029 | 214.5 bp −$21.5K | doesn't fit |
TOWNS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | −0.1040% | 1h | 0.002222 | +4.762% | $83K | $4K | 25x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002119 | −0.085% | $10K | $5K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002119 | −0.079% | $2.1M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002118 | −0.141% | $381K | $133K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002119 | −0.094% | $72K | $16K | 10x | as long as short |
| MEXC TOWNS_USDTshort | +0.0100% | 4h | 0.002120 | −0.047% | $436K | $137K | 100x | |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002118 | −0.141% | $252K | $31K | 10x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002111 | −0.467% | $197 | $549 | — | as long as short |
| BloFin TOWNS-USDTlong | +0.0140% | 4h | 0.002121 | long leg | $132K | $4K | 10x | |
| Bitget TOWNSUSDT | +0.0258% | 4h | 0.002121 | 0.000% | $350K | $52K | 5x | as long as short |
Coinbase International TOWNS-PERP-INTX
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
KuCoin TOWNSUSDTM
Variational Omni TOWNS
Bitget TOWNSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX TOWNS-USDT | +0.0284% | 4h | 0.002120 | −0.047% | — | $2.3M | — | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.2583% | 1h | 0.002124 | +0.141% | — | — | 25x | as long as short |
BingX TOWNS-USDT
Deribit TOWNS_USDC-PERPETUAL