Funding you earn now, next payment 12:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against MEXC+0.404%94s7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as 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−$970.971% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.552%−$55 · spread now +0.404%, 7d avg +0.156%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.248% dearer against MEXC than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.156%. 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 | MEXC YB_USDT | 0.08900 | 0.0100 | pay 0.0050% / 4h | 51m 26s | $628K | $121K | 50x |
| Short | BloFin YB-USDT | 0.08936 | 0.0115 | get 0.0058% / 4h | 51m 26s | $103K | $13K | 20x |
MEXC YB_USDT
BloFin YB-USDTFunding 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
- $3.25
- Price spread: +0.404% → +0.156%
- $24.81
- Slippage, 4 orders
- −$81.07
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$69.01
- Costs to cover
- 0.971%
- Break-even
- 155.7 days
Slippage from MEXC: live order book, 47 min ago; BloFin: live order book, 38 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, 47 min ago | 11.14 bp | 14.8 bp −$15 | 81.4 bp −$814 | 393.8 bp −$39.4K | 926.0 bp −$463.0K |
| Sell BloFin live order book, 38 min ago | 7.27 bp | 32.0 bp −$32 | 93.0 bp −$930 | doesn't fit | doesn't fit |
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 | +0.292% | $7K | $2K | 5x | as long as short |
| Binance YBUSDT | +0.0100% | 4h | 0.08927 | +0.305% | $2.1M | $1.2M | 20x | as long as short |
| Bybit YBUSDT | +0.0100% | 4h | 0.08917 | +0.191% | $590K | $115K | 25x | as long as short |
| OKX YB-USDT-SWAP | +0.0100% | 4h | 0.08901 | +0.011% | $408K | $249K | 20x | as long as short |
| Gate YB_USDT | +0.0100% | 4h | 0.08940 | +0.449% | $102K | $21K | 20x | as long as short |
| MEXC YB_USDTlong | +0.0100% | 4h | 0.08900 | long leg | $628K | $121K | 50x | |
| KuCoin YBUSDTM | +0.0100% | 4h | 0.08930 | +0.337% | $181K | $61K | 20x | as long as short |
| Bitget YBUSDT | +0.0100% | 4h | 0.08931 | +0.348% | $543K | $23K | 10x | as long as short |
| BingX YB-USDT | +0.0100% | 4h | 0.08917 | +0.191% | — | $6.5M | — | as long as short |
| Variational Omni YB | +0.0100% | 4h | 0.08935 | +0.389% | $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 | +2.472% | $1K | $1.4M | 20x | as long as short |
| BloFin YB-USDTshort | +0.0115% | 4h | 0.08936 | +0.404% | $103K | $13K | 20x |
SunX YB-USDT