Funding you earn now, next payment 16:00 UTC−0.0146%/8h= −15.9% APRnext payment −$1.46 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC+0.106%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BloFin is 0.106% dearer against MEXC than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.012% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC WAVES_USDT | 0.2829 | 0.0730 | pay 0.0730% / 8h | 7h 39m | $471K | $120K | 20x |
| Short | BloFin WAVES-USDT | 0.2832 | 0.0584 | get 0.0584% / 8h | 7h 39m | $90K | $21K | 20x |
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
- −$30.58
- Price spread: +0.106% → 0.000%
- $10.6
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.98
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 50 min ago; BloFin: no order-book sample. 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 MEXC live order book, 50 min ago | 7.03 bp | 30.5 bp −$31 | 66.2 bp −$662 | 113.2 bp −$11.3K | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 | 0.2830 | +0.035% | $357K | $34K | 20x | as long as short |
| Variational Omni WAVES | +0.0286% | 8h | 0.2829 | +0.001% | $689 | $2K | — | as long as short |
| BloFin WAVES-USDTshort | +0.0584% | 8h | 0.2832 | +0.106% | $90K | $21K | 20x | |
| Bybit WAVESUSDT | +0.0613% | 8h | 0.2826 | −0.106% | $1.6M | $1.3M | 20x | as long as short |
| BingX WAVES-USDT | +0.0720% | 8h | 0.2829 | 0.000% | — | $1.3M | — | as long as short |
| MEXC WAVES_USDTlong | +0.0730% | 8h | 0.2829 | long leg | $471K | $120K | 20x |
MEXC WAVES_USDT
BloFin WAVES-USDT
KuCoin WAVESUSDTM
Variational Omni WAVES
Bybit WAVESUSDT
BingX WAVES-USDT