Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC+0.262%79s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as 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−$630.630% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)−0.259%−$26 · spread now +0.262%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.262% dearer against MEXC than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of 0.000%. The two prices were read 79 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 UB_USDT | 0.1489 | 0.0100 | pay 0.0050% / 4h | 52m 00s | $646K | $692K | 100x |
| Short | BloFin UB-USDT | 0.1493 | 0.0124 | get 0.0062% / 4h | 52m 00s | $161K | $1.1M | 50x |
Funding 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
- $5.1
- Price spread: +0.262% → 0.000%
- $26.15
- Slippage, 4 orders
- −$43.02
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$31.77
- Costs to cover
- 0.630%
- Break-even
- 50.6 days
Slippage from MEXC: live order book, 18 min ago; BloFin: live order book, 5 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, 18 min ago | 0.34 bp | 9.7 bp −$10 | 69.2 bp −$692 | 246.6 bp −$24.7K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.67 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
UB on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance UBUSDT | +0.0100% | 4h | 0.1489 | −0.048% | $3.2M | $16.8M | 50x | as long as short |
| Bybit UBUSDT | +0.0100% | 4h | 0.1489 | −0.052% | $1.1M | $2.4M | 20x | as long as short |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1489 | −0.054% | $1.4M | $16.3M | 20x | as long as short |
| Gate UB_USDT | +0.0100% | 4h | 0.1488 | −0.074% | $1.5M | $3.4M | 25x | as long as short |
| MEXC UB_USDTlong | +0.0100% | 4h | 0.1489 | long leg | $646K | $692K | 100x | |
| KuCoin UBUSDTM | +0.0100% | 4h | 0.1488 | −0.073% | $1.1M | $1.4M | 20x | as long as short |
| Bitget UBUSDT | +0.0100% | 4h | 0.1488 | −0.074% | $2.4M | $3.5M | 50x | as long as short |
| BingX UB-USDT | +0.0100% | 4h | 0.1488 | −0.107% | — | $2.7M | — | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1489 | −0.027% | $2K | $7K | — | as long as short |
| edgeX UBUSDC | +0.0100% | 4h | 0.1492 | +0.158% | $38K | $261K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX UB-USDT | +0.0100% | 4h | 0.1493 | +0.222% | $17K | $193K | 20x | as long as short |
| Extended UB-USD | +0.0104% | 1h | 0.1488 | −0.081% | $962 | $176K | 5x | as long as short |
| BloFin UB-USDTshort | +0.0124% | 4h | 0.1493 | +0.262% | $161K | $1.1M | 50x | |
| Aster UBUSDT | +0.0683% | 4h | 0.1491 | +0.090% | $404K | $204K | 5x | as long as short |
MEXC UB_USDT
BloFin UB-USDT
Binance UBUSDT
Bybit UBUSDT
OKX UB-USDT-SWAP
Gate UB_USDT
KuCoin UBUSDTM
Bitget UBUSDT
BingX UB-USDT
Variational Omni UB
edgeX UBUSDC
HTX UB-USDT
Extended UB-USD
Aster UBUSDT