Funding you earn now, next payment 12:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin−0.232%109s7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as 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−$750.749% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+1.879%+$188 · spread now −0.232%, 7d avg +0.035%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.266% cheaper against BloFin than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.035%). Swap the legs. 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 | BloFin B-USDT | 0.2156 | 0.0422 | pay 0.0211% / 4h | 1h 03m | $645K | $48K | 20x |
| Short | MEXC B_USDT | 0.2151 | 0.0388 | get 0.0194% / 4h | 1h 03m | $1.3M | $556K | 100x |
BloFin B-USDT
MEXC B_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
- −$7.17
- Price spread: −0.232% → +0.035%
- −$26.65
- Slippage, 4 orders
- −$58.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$108.7
- Costs to cover
- 0.749%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 41 min ago; MEXC: live order book, 1 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, 41 min ago | 7.16 bp | 30.0 bp −$30 | 202.9 bp −$2,029 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.33 bp | 9.4 bp −$9 | 114.1 bp −$1,141 | 225.4 bp −$22.5K | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.2150 | −0.264% | $1.8M | $1.2M | 13x | as long as short |
| Gate B_USDT | +0.0100% | 4h | 0.2146 | −0.464% | $3.7M | $682K | 20x | as long as short |
| Bitget BUSDT | +0.0114% | 4h | 0.2152 | −0.186% | $3.0M | $581K | 10x | as long as short |
| BingX B-USDT | +0.0374% | 4h | 0.2150 | −0.278% | — | $1.3M | — | as long as short |
| Binance BUSDT | +0.0388% | 4h | 0.2152 | −0.165% | $12.6M | $2.6M | 20x | as long as short |
| MEXC B_USDTshort | +0.0388% | 4h | 0.2151 | −0.232% | $1.3M | $556K | 100x | |
| Extended B-USD | +0.0392% | 1h | 0.2149 | −0.322% | $16K | $298K | 5x | as long as short |
| edgeX BUSDC | +0.0401% | 4h | 0.2155 | −0.065% | $4K | $387K | 5x | as long as short |
| BloFin B-USDTlong | +0.0422% | 4h | 0.2156 | long leg | $645K | $48K | 20x | |
| KuCoin BUSDTM | +0.0566% | 4h | 0.2150 | −0.297% | $2.0M | $86K | 10x | as long as short |
Bybit BUSDT
Gate B_USDT
Bitget BUSDT
BingX B-USDT
Binance BUSDT
Extended B-USD
edgeX BUSDC
KuCoin BUSDTMShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.0939% | 4h | 0.2150 | −0.278% | $2.0M | $180K | 5x | as long as short |
Aster BUSDT