Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC−0.052%109s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as 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−$600.600% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.813%+$81 · spread now −0.052%, 7d avg +0.013%
=Funding pays, the price is against you. BloFin is 0.065% cheaper against MEXC than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.013%). If the spread goes back, that is −$7 on $10k: about 9.2 days of funding at the current rate (+$1 a day). The two prices were read 109 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 ALT_USDT | 0.007701 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $417K | $154K | 50x |
| Short | BloFin ALT-USDT | 0.007697 | 0.0124 | get 0.0062% / 4h | 3h 09m | $178K | $3K | 50x |
MEXC ALT_USDT
BloFin ALT-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
- $4.94
- Price spread: −0.052% → +0.013%
- −$6.51
- Slippage, 4 orders
- −$44.01
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.59
- Costs to cover
- 0.600%
- Break-even
- 94.2 days
Slippage from MEXC: live order book, 34 min ago; BloFin: live order book, 43 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, 34 min ago | 1.96 bp | 11.3 bp −$11 | 54.2 bp −$542 | 259.6 bp −$26.0K | 488.7 bp −$244.3K |
| Sell BloFin live order book, 43 min ago | 1.31 bp | 12.6 bp −$13 | 36.0 bp −$360 | doesn't fit | doesn't fit |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007706 | +0.065% | — | — | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007632 | −0.896% | $830 | $79K | 5.5x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007692 | −0.117% | $1.1M | $107K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007705 | +0.051% | $2.8M | $2.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007697 | −0.052% | $1.3M | $878K | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007695 | −0.078% | $53K | $245K | 25x | as long as short |
| MEXC ALT_USDTlong | +0.0100% | 4h | 0.007701 | long leg | $417K | $154K | 50x | |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007702 | +0.013% | $165K | $22K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007686 | −0.195% | $611K | $108K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007701 | 0.000% | — | $1.3M | — | as long as short |
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDTShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007684 | −0.219% | $4K | $4K | — | as long as short |
| BloFin ALT-USDTshort | +0.0124% | 4h | 0.007697 | −0.052% | $178K | $3K | 50x | |
| Kraken Futures PF_ALTUSD | +0.0385% | 1h | 0.007712 | +0.140% | $45K | $5K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0432% | 1h | 0.007710 | +0.117% | $14K | $1K | 50x | as long as short |
Variational Omni ALT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX