XAI

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against MEXC+0.139%49s7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as 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−$680.680% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.139%, 7d avg +0.014%

Together, before fees−0.123%−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.125% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.014%. 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	MEXC XAI_USDT	0.007888	0.0100	pay 0.0050% / 4h	3h 38m	$2.0M	$421K	50x
Short	BloFin XAI-USDT	0.007899	0.0132	get 0.0066% / 4h	3h 38m	$161K	$18K	25x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now +0.139%Rate

Funding earned: $6.8
Price spread: +0.139% → +0.014%: $12.53
Slippage, 4 orders: −$55.95
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$48.62
Costs to cover: 0.680%
Break-even: 57.0 days

Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 26 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, 3 min ago	5.07 bp	11.0 bp −$11	60.1 bp −$601	333.3 bp −$33.3K	doesn't fit
Sell BloFin live order book, 26 min ago	1.90 bp	22.7 bp −$23	62.9 bp −$629	doesn't fit	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
Hyperliquid XAI	+0.0100%	1h	0.007880	−0.101%	$404K	$61K	3x	as long as short
Aster XAIUSDT	+0.0100%	4h	0.007883	−0.062%	$7K	$23K	5x	as long as short
Binance XAIUSDT	+0.0100%	4h	0.007889	+0.013%	$1.6M	$1.7M	25x	as long as short
Bybit XAIUSDT	+0.0100%	4h	0.007881	−0.089%	$696K	$378K	25x	as long as short
Gate XAI_USDT	+0.0100%	4h	0.007880	−0.101%	$78K	$36K	50x	as long as short
MEXC XAI_USDTlong	+0.0100%	4h	0.007888	long leg	$2.0M	$421K	50x
KuCoin XAIUSDTM	+0.0100%	4h	0.007890	+0.025%	$166K	$44K	25x	as long as short
Bitget XAIUSDT	+0.0100%	4h	0.007882	−0.076%	$462K	$277K	25x	as long as short
BingX XAI-USDT	+0.0100%	4h	0.007883	−0.063%	—	$2.3M	—	as long as short
BloFin XAI-USDTshort	+0.0132%	4h	0.007899	+0.139%	$161K	$18K	25x