Settings8H · net · $10k
Funding arb · Price arb /

BANK

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Alert: funding
Alert: spread
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: BloFin against MEXC+0.028%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$420.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.136%+$14 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now +0.028%, 7d avg +0.035%
Together, before fees+0.148%+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BANK_USDT0.035350.0100pay 0.0050% / 4h3h 22m$2.6M$584K20x
ShortBloFin BANK-USDT0.035360.0340get 0.0170% / 4h3h 22m$452K$159K50x

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

Funding earned
$50.4
Price spread: +0.028% → +0.035%
−$0.62
Slippage, 4 orders
−$30.25
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$7.52
Costs to cover
0.423%
Break-even
6.0 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago1.42 bp8.6 bp −$939.7 bp −$397111.8 bp −$11.2K370.9 bp −$185.5K
Sell BloFin live order book, 48 min ago1.43 bp12.0 bp −$1235.7 bp −$357doesn't fitdoesn't fit

BANK on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BANKUSDT+0.0100%4h0.03530−0.134%$56K$120K5xas long as short
Binance BANKUSDT+0.0100%4h0.03541+0.182%$8.0M$32.4M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03530−0.141%$2.9M$6.7M20xas long as short
Gate BANK_USDT+0.0100%4h0.03536+0.028%$723K$1.4M10xas long as short
MEXC BANK_USDTlong+0.0100%4h0.03535long leg$2.6M$584K20x
KuCoin BANKUSDTM+0.0100%4h0.03534−0.028%$1.2M$184K50xas long as short
HTX BANK-USDT+0.0100%4h0.03516−0.537%$36K$272K20xas long as short
edgeX BANKUSDC+0.0102%4h0.03530−0.133%$1K$243K5xas long as short
Bitget BANKUSDT+0.0142%4h0.03542+0.198%$2.8M$3.4M25xas long as short
BingX BANK-USDT+0.0162%4h0.03533−0.057%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDTshort+0.0340%4h0.03536+0.028%$452K$159K50x