ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h +0.004%

Price spread now: MEXC against BloFin+0.220%49s7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as 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−$810.812% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.220%, 7d avg −0.054%

Together, before fees−0.067%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.274% dearer against BloFin than usual: you sell high and buy low (spread +0.220% now, against its 7-day average of −0.054%): +$27 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 41 days. The two prices were read 49 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	BloFin ATH-USDT	0.005463	0.0122	pay 0.0061% / 4h	40m 13s	$166K	$66K	75x
Short	MEXC ATH_USDT	0.005475	0.0100	get 0.0050% / 4h	40m 13s	$8.8M	$629K	50x

Funding 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 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 BloFinbpFee MEXCbpOrdersPrice spread, now +0.220%Rate

Funding earned: −$4.63
Price spread: +0.220% → −0.054%: $27.41
Slippage, 4 orders: −$61.23
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$58.45
Costs to cover: 0.812%
Break-even: never at this rate

Slippage from BloFin: live order book, 57 min ago; MEXC: live order book, 3 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, 57 min ago	4.55 bp	17.8 bp −$18	55.2 bp −$552	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.83 bp	16.2 bp −$16	63.3 bp −$633	202.6 bp −$20.3K	doesn't fit

ATH on 13 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
Kraken Futures PF_ATHUSD	−0.2899%	1h	0.005462	−0.025%	$19K	$106K	10x	as long as short
Variational Omni ATH	−0.0097%	4h	0.005447	−0.284%	$183K	$93K	—	as long as short
dYdX ATH-USD	0.0000%	1h	0.005474	+0.201%	$11K	$57	5x	as long as short
Aster ATHUSDT	+0.0100%	4h	0.005474	+0.201%	$5K	$40K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005472	+0.166%	$3.3M	$4.2M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005460	−0.055%	$4.3M	$2.5M	25x	as long as short
OKX ATH-USDT-SWAP	+0.0100%	4h	0.005462	−0.018%	$701K	$1.3M	20x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005463	0.000%	$780K	$566K	30x	as long as short
MEXC ATH_USDTshort	+0.0100%	4h	0.005475	+0.220%	$8.8M	$629K	50x
KuCoin ATHUSDTM	+0.0100%	4h	0.005467	+0.073%	$553K	$76K	30x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDT	+0.0100%	4h	0.005466	+0.055%	$1.5M	$861K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005471	+0.146%	—	$21.6M	—	as long as short
BloFin ATH-USDTlong	+0.0122%	4h	0.005463	long leg	$166K	$66K	75x