Funding you earn now, next payment 12:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC+0.110%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1311.309% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.110%, 7d avg +0.025%
=The price spread pays, funding is against you. BloFin is 0.085% dearer against MEXC than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of +0.025%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XNY_USDT | 0.006358 | 0.2534 | pay 0.1267% / 4h | 3h 44m | $191K | $102K | 100x |
| Short | BloFin XNY-USDT | 0.006365 | 0.2498 | get 0.1249% / 4h | 3h 44m | $228K | $6K | 10x |
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
- −$7.51
- Price spread: +0.110% → +0.025%
- $8.49
- Slippage, 4 orders
- −$114.92
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$129.94
- Costs to cover
- 1.309%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 26 min ago; BloFin: live order book, 21 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, 26 min ago | 0.79 bp | 42.5 bp −$43 | 76.1 bp −$761 | 212.7 bp −$21.3K | doesn't fit |
| Sell BloFin live order book, 21 min ago | 6.29 bp | 28.2 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
XNY on 9 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 XNYUSDT | +0.0100% | 4h | 0.006359 | +0.016% | $440K | $37K | 5x | as long as short |
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006356 | −0.031% | $303K | $16K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006362 | +0.070% | $52K | $2K | — | as long as short |
| Gate XNY_USDT | +0.0224% | 4h | 0.006383 | +0.393% | $214K | $16K | 10x | as long as short |
| Aster XNYUSDT | +0.2068% | 4h | 0.006352 | −0.096% | $6K | $6K | 5x | as long as short |
| BingX XNY-USDT | +0.2428% | 4h | 0.006357 | −0.016% | — | $1.3M | — | as long as short |
| BloFin XNY-USDTshort | +0.2498% | 4h | 0.006365 | +0.110% | $228K | $6K | 10x | |
| Binance XNYUSDT | +0.2531% | 4h | 0.006357 | −0.016% | $3.7M | $1.1M | 10x | as long as short |
| MEXC XNY_USDTlong | +0.2534% | 4h | 0.006358 | long leg | $191K | $102K | 100x |
MEXC XNY_USDT
BloFin XNY-USDT
Bybit XNYUSDT
KuCoin XNYUSDTM
Variational Omni XNY
Gate XNY_USDT
Aster XNYUSDT
BingX XNY-USDT
Binance XNYUSDT