Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BloFin−0.143%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.143% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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 WAVES-USDT | 0.2806 | 0.0329 | pay 0.0329% / 8h | 2h 38m | $90K | $23K | 20x |
| Short | MEXC WAVES_USDT | 0.2802 | 0.0317 | get 0.0317% / 8h | 2h 38m | $468K | $128K | 20x |
BloFin WAVES-USDT
MEXC WAVES_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
- −$2.42
- Price spread: −0.143% → 0.000%
- −$14.26
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$32.67
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 1 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 5.35 bp | 38.5 bp −$38 | 63.5 bp −$635 | 99.1 bp −$9,906 | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
WAVES on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WAVESUSDTM | +0.0100% | 8h | 0.2815 | +0.321% | $360K | $35K | 20x | as long as short |
| Bybit WAVESUSDT | +0.0313% | 8h | 0.2799 | −0.249% | $1.6M | $1.5M | 20x | as long as short |
| MEXC WAVES_USDTshort | +0.0317% | 8h | 0.2802 | −0.143% | $468K | $128K | 20x | |
| BingX WAVES-USDT | +0.0318% | 8h | 0.2802 | −0.143% | — | $1.3M | — | as long as short |
| BloFin WAVES-USDTlong | +0.0329% | 8h | 0.2806 | long leg | $90K | $23K | 20x | |
| Variational Omni WAVES | +0.0377% | 8h | 0.2807 | +0.038% | $275 | $2K | — | as long as short |
KuCoin WAVESUSDTM
Bybit WAVESUSDT
BingX WAVES-USDT
Variational Omni WAVES