ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.5% APRnext payment +$1.60 per $10,000 · paid last 24h +0.052%

Price spread now: BloFin against MEXC−0.142%64s7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs+$1as 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−$230.234% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.245%+$25 on $10k

Price spread, last 4 days (all we have)+1.239%+$124 · spread now −0.142%, 7d avg +0.021%

Together, before fees+1.484%+$148 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.163% cheaper against MEXC than usual: you would sell low and buy high (spread −0.142% now, against its 7-day average of +0.021%). If the spread goes back, that is −$16 on $10k: about 3.4 days of funding at the current rate (+$5 a day). The two prices were read 64 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 ARB_USDT	0.2186	−0.0135	get 0.0135% / 8h	4h 38m	$42.1M	$60.5M	200x
Short	BloFin ARB-USDT	0.2183	0.0025	get 0.0025% / 8h	4h 38m	$3.1M	$2.6M	75x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now −0.142%Rate

Funding earned: $33.57
Price spread: −0.142% → +0.021%: −$16.29
Slippage, 4 orders: −$11.44
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$6.15
Costs to cover: 0.234%
Break-even: 8.3 days

Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 5 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, 1 min ago	0.92 bp	1.5 bp −$1	16.5 bp −$165	39.9 bp −$3,985	76.7 bp −$38.4K
Sell BloFin live order book, 5 min ago	0.23 bp	8.5 bp −$9	16.8 bp −$168	doesn't fit	doesn't fit

ARB on 36 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
Injective ARB/USDC PERP	−0.1649%	1h	0.2185	−0.055%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0184%	1h	0.2184	−0.082%	$7K	$2K	10x	as long as short
Polymarket Perps ARB-USD	−0.0166%	1h	0.2187	+0.023%	$91K	$2.2M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0137%	8h	0.2186	+0.009%	$22.0M	$147.5M	50x	as long as short
MEXC ARB_USDTlong	−0.0135%	8h	0.2186	long leg	$42.1M	$60.5M	200x
Variational Omni ARB	−0.0115%	8h	0.2194	+0.359%	$1.8M	$2.9M	—	as long as short
Gate ARB_USDT	−0.0092%	8h	0.2187	+0.037%	$5.3M	$18.7M	60x	as long as short
Orderly PERP_ARB_USDC	−0.0076%	8h	0.2187	+0.037%	$12K	$391K	10x	as long as short
Bybit ARBUSDT	−0.0041%	8h	0.2186	−0.009%	$55.3M	$126.8M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2188	+0.074%	$1.1M	$4.4M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2185	−0.074%	$65K	$5K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2185	−0.040%	$348K	$2.5M	25x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2188	+0.087%	$24K	$34K	25x	as long as short
Binance ARBUSDT	+0.0004%	8h	0.2187	+0.015%	$63.7M	$307.1M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2188	+0.067%	$32K	—	150x	as long as short
BloFin ARB-USDTshort	+0.0025%	8h	0.2183	−0.142%	$3.1M	$2.6M	75x
SoDEX ARB-USD	+0.0043%	1h	0.2186	+0.009%	$10K	$2.3M	5x	as long as short
Bitget ARBUSDT	+0.0063%	8h	0.2186	−0.009%	$20.8M	$34.7M	50x	as long as short
BingX ARB-USDT	+0.0064%	8h	0.2186	−0.009%	—	$53.9M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2188	+0.065%	$139K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2186	0.000%	$1.2M	$5.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2188	+0.059%	$37.7M	$48.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2187	+0.046%	$631K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2184	−0.113%	$42K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2188	+0.087%	$19.4M	$15.0M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2199	+0.573%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2197	+0.499%	$468K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2195	+0.403%	$119K	$284K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2189	+0.128%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2189	+0.128%	$297K	$952K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2186	−0.009%	$4.9M	$12.9M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0154% / S −0.0018%	1h	0.2187	+0.048%	$794K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2189	+0.128%	$490K	$1.9M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2187	+0.042%	$459K	$2.6M	10x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2186	+0.014%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0560%	1h	0.2190	+0.188%	$990K	$2.8M	20x	as long as short