Funding you earn now, next payment 12:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BloFin−0.186%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1221.223% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.186%, 7d avg −0.026%
=Funding pays, the price is against you. MEXC is 0.160% cheaper against BloFin than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of −0.026%). If the spread goes back, that is −$16 on $10k: about 39 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XNY-USDT | 0.006457 | 0.0104 | pay 0.0052% / 4h | 8m 38s | $234K | $7K | 10x |
| Short | MEXC XNY_USDT | 0.006445 | 0.0118 | get 0.0059% / 4h | 8m 38s | $207K | $115K | 100x |
BloFin XNY-USDT
MEXC XNY_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
- $2.89
- Price spread: −0.186% → −0.026%
- −$16
- Slippage, 4 orders
- −$106.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$135.45
- Costs to cover
- 1.223%
- Break-even
- 335.6 days
Slippage from BloFin: live order book, 25 min ago; MEXC: live order book, 14 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, 25 min ago | 0.78 bp | 37.9 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 14 min ago | 3.88 bp | 33.3 bp −$33 | 77.0 bp −$770 | 230.0 bp −$23.0K | doesn't fit |
XNY on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XNYUSDT | +0.0100% | 4h | 0.006457 | +0.005% | $6K | $4K | 5x | as long as short |
| Bybit XNYUSDT | +0.0100% | 4h | 0.006434 | −0.356% | $452K | $150K | 5x | as long as short |
| Gate XNY_USDT | +0.0100% | 4h | 0.006459 | +0.031% | $217K | $35K | 10x | as long as short |
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006448 | −0.139% | $307K | $19K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006447 | −0.159% | $53K | $2K | — | as long as short |
| Binance XNYUSDT | +0.0103% | 4h | 0.006444 | −0.204% | $3.8M | $1.5M | 10x | as long as short |
| BloFin XNY-USDTlong | +0.0104% | 4h | 0.006457 | long leg | $234K | $7K | 10x | |
| MEXC XNY_USDTshort | +0.0118% | 4h | 0.006445 | −0.186% | $207K | $115K | 100x | |
| BingX XNY-USDT | +0.0212% | 4h | 0.006444 | −0.201% | — | $1.3M | — | as long as short |
Aster XNYUSDT
Bybit XNYUSDT
Gate XNY_USDT
KuCoin XNYUSDTM
Variational Omni XNY
Binance XNYUSDT
BingX XNY-USDT