Funding you earn now, next payment 12:00 UTC−0.0055%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against BloFin−0.403%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$970.971% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.550%+$55 · spread now −0.403%, 7d avg −0.156%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.246% cheaper against BloFin than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.156%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin YB-USDT | 0.08936 | 0.0155 | pay 0.0078% / 4h | 51m 10s | $103K | $13K | 20x |
| Short | MEXC YB_USDT | 0.08900 | 0.0100 | get 0.0050% / 4h | 51m 10s | $628K | $121K | 50x |
BloFin YB-USDT
MEXC YB_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
- −$11.65
- Price spread: −0.403% → −0.156%
- −$24.65
- Slippage, 4 orders
- −$81.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$133.36
- Costs to cover
- 0.971%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 39 min ago; MEXC: live order book, 47 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, 39 min ago | 7.27 bp | 35.5 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 11.14 bp | 14.8 bp −$15 | 82.1 bp −$821 | 389.0 bp −$38.9K | 903.2 bp −$451.6K |
YB on 12 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 YBUSDT | +0.0100% | 4h | 0.08926 | −0.108% | $7K | $2K | 5x | as long as short |
| Binance YBUSDT | +0.0100% | 4h | 0.08928 | −0.085% | $2.1M | $1.2M | 20x | as long as short |
| Bybit YBUSDT | +0.0100% | 4h | 0.08919 | −0.190% | $591K | $115K | 25x | as long as short |
| OKX YB-USDT-SWAP | +0.0100% | 4h | 0.08900 | −0.403% | $408K | $249K | 20x | as long as short |
| Gate YB_USDT | +0.0100% | 4h | 0.08940 | +0.045% | $102K | $21K | 20x | as long as short |
| MEXC YB_USDTshort | +0.0100% | 4h | 0.08900 | −0.403% | $628K | $121K | 50x | |
| KuCoin YBUSDTM | +0.0100% | 4h | 0.08930 | −0.067% | $181K | $61K | 20x | as long as short |
| Bitget YBUSDT | +0.0100% | 4h | 0.08932 | −0.045% | $544K | $23K | 10x | as long as short |
| BingX YB-USDT | +0.0100% | 4h | 0.08917 | −0.213% | — | $6.5M | — | as long as short |
| Variational Omni YB | +0.0100% | 4h | 0.08935 | −0.015% | $3K | $2K | — | as long as short |
Aster YBUSDT
Binance YBUSDT
Bybit YBUSDT
OKX YB-USDT-SWAP
Gate YB_USDT
KuCoin YBUSDTM
Bitget YBUSDT
BingX YB-USDT
Variational Omni YBShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX YB-USDT | +0.0100% | 4h | 0.09120 | +2.059% | $2K | $1.4M | 20x | as long as short |
| BloFin YB-USDTlong | +0.0155% | 4h | 0.08936 | long leg | $103K | $13K | 20x |
SunX YB-USDT