Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against MEXC−0.049%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1011.011% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−1.598%−$160 · spread now −0.049%, 7d avg −0.017%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.032% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC B_USDT | 0.2038 | 0.0236 | pay 0.0118% / 4h | 3h 44m | $996K | $371K | 100x |
| Short | BloFin B-USDT | 0.2037 | 0.0226 | get 0.0113% / 4h | 3h 44m | $605K | $38K | 20x |
MEXC B_USDT
BloFin B-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
- −$2.03
- Price spread: −0.049% → −0.017%
- −$3.21
- Slippage, 4 orders
- −$85.06
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$106.3
- Costs to cover
- 1.011%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 11 min ago; BloFin: live order book, 52 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, 11 min ago | 2.45 bp | 8.1 bp −$8 | 123.2 bp −$1,232 | 255.9 bp −$25.6K | doesn't fit |
| Sell BloFin live order book, 52 min ago | 7.31 bp | 38.7 bp −$39 | 167.8 bp −$1,678 | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.2035 | −0.147% | $1.8M | $964K | 13x | as long as short |
| Gate B_USDT | +0.0100% | 4h | 0.2035 | −0.147% | $3.5M | $624K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2036 | −0.123% | $1.9M | $82K | 10x | as long as short |
| edgeX BUSDC | +0.0225% | 4h | 0.2039 | +0.025% | $3K | $390K | 5x | as long as short |
| BloFin B-USDTshort | +0.0226% | 4h | 0.2037 | −0.049% | $605K | $38K | 20x | |
| MEXC B_USDTlong | +0.0236% | 4h | 0.2038 | long leg | $996K | $371K | 100x | |
| Binance BUSDT | +0.0238% | 4h | 0.2038 | 0.000% | $11.8M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0240% | 1h | 0.2037 | −0.029% | $16K | $219K | 5x | as long as short |
| BingX B-USDT | +0.0306% | 4h | 0.2039 | +0.049% | — | $1.3M | — | as long as short |
| Bitget BUSDT | +0.0324% | 4h | 0.2036 | −0.098% | $2.8M | $292K | 10x | as long as short |
Bybit BUSDT
Gate B_USDT
KuCoin BUSDTM
edgeX BUSDC
Binance BUSDT
Extended B-USD
BingX B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1000% | 4h | 0.2038 | −0.006% | $1.9M | $223K | 5x | as long as short |
Aster BUSDT