Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.058%
Price spread now: MEXC against BloFin+0.057%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.057%, 7d avg −0.032%
=The price spread pays, funding is against you. MEXC is 0.089% dearer against BloFin than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.032%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.136% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.136% in total (about -7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BANK-USDT | 0.03513 | 0.0340 | pay 0.0170% / 4h | 1h 46m | — | $72K | 50x |
| Short | MEXC BANK_USDT | 0.03515 | 0.0100 | get 0.0050% / 4h | 1h 46m | $2.5M | $572K | 20x |
BloFin BANK-USDT
MEXC BANK_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
- −$50.4
- Price spread: +0.057% → −0.032%
- $8.88
- Slippage, 4 orders
- −$29.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$82.96
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 79 min ago; MEXC: 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 BloFin live order book, 79 min ago | 2.82 bp | 10.2 bp −$10 | 35.2 bp −$352 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.42 bp | 9.3 bp −$9 | 34.8 bp −$348 | 114.0 bp −$11.4K | 396.3 bp −$198.2K |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03518 | +0.152% | $56K | $125K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03516 | +0.092% | $7.9M | $31.6M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03519 | +0.171% | $2.9M | $6.5M | 20x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03517 | +0.114% | $722K | $1.3M | 10x | as long as short |
| MEXC BANK_USDTshort | +0.0100% | 4h | 0.03515 | +0.057% | $2.5M | $572K | 20x | |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03517 | +0.114% | $1.2M | $173K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03514 | +0.028% | $41K | $251K | 20x | as long as short |
| edgeX BANKUSDC | +0.0113% | 4h | 0.03514 | +0.028% | $1K | $245K | 5x | as long as short |
| BloFin BANK-USDTlong | +0.0340% | 4h | 0.03513 | long leg | — | $72K | 50x | |
| BingX BANK-USDT | +0.0438% | 4h | 0.03519 | +0.171% | — | $6.9M | — | as long as short |
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
Gate BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
edgeX BANKUSDC
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BANKUSDT | +0.0444% | 4h | 0.03520 | +0.199% | $2.9M | $3.4M | 25x | as long as short |
Bitget BANKUSDT