Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BloFin+0.189%94s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as 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−$660.660% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.189%, 7d avg −0.011%
=The price spread pays, funding is against you. MEXC is 0.200% dearer against BloFin than usual: you sell high and buy low (spread +0.189% now, against its 7-day average of −0.011%): +$20 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 51 days. At the pace of the last 7 days (−0.004% in total) that is about 12 months. The two prices were read 94 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 XAI-USDT | 0.007935 | 0.0113 | pay 0.0057% / 4h | 2h 51m | $160K | $20K | 25x |
| Short | MEXC XAI_USDT | 0.007950 | 0.0100 | get 0.0050% / 4h | 2h 51m | $1.9M | $433K | 50x |
BloFin XAI-USDT
MEXC XAI_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
- −$2.73
- Price spread: +0.189% → −0.011%
- $19.97
- Slippage, 4 orders
- −$53.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$48.73
- Costs to cover
- 0.660%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 28 min ago; MEXC: 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 BloFin live order book, 28 min ago | 4.38 bp | 24.6 bp −$25 | 58.7 bp −$587 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.78 bp | 9.4 bp −$9 | 50.6 bp −$506 | 230.5 bp −$23.0K | doesn't fit |
XAI on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAIUSDT | +0.0094% | 4h | 0.007953 | +0.227% | $659K | $397K | 25x | as long as short |
| Hyperliquid XAI | +0.0100% | 1h | 0.007950 | +0.189% | $407K | $64K | 3x | as long as short |
| Aster XAIUSDT | +0.0100% | 4h | 0.007953 | +0.221% | $5K | $19K | 5x | as long as short |
| Binance XAIUSDT | +0.0100% | 4h | 0.007960 | +0.320% | $1.6M | $2.0M | 25x | as long as short |
| Gate XAI_USDT | +0.0100% | 4h | 0.007947 | +0.151% | $80K | $37K | 50x | as long as short |
| MEXC XAI_USDTshort | +0.0100% | 4h | 0.007950 | +0.189% | $1.9M | $433K | 50x | |
| KuCoin XAIUSDTM | +0.0100% | 4h | 0.007950 | +0.189% | $178K | $45K | 25x | as long as short |
| Bitget XAIUSDT | +0.0100% | 4h | 0.007951 | +0.202% | $452K | $254K | 25x | as long as short |
| BingX XAI-USDT | +0.0100% | 4h | 0.007949 | +0.176% | — | $2.3M | — | as long as short |
| BloFin XAI-USDTlong | +0.0113% | 4h | 0.007935 | long leg | $160K | $20K | 25x |
Bybit XAIUSDT
Hyperliquid XAI
Aster XAIUSDT
Binance XAIUSDT
Gate XAI_USDT
KuCoin XAIUSDTM
Bitget XAIUSDT
BingX XAI-USDT