Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.004%
Price spread now: MEXC against BloFin+0.154%79s7-day average +0.274% · 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−$840.841% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.273%+$27 · spread now +0.154%, 7d avg +0.274%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.120% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.274%). Swap the legs. The two prices were read 79 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 DEEP-USDT | 0.01943 | 0.0121 | pay 0.0121% / 8h | 15m 49s | $133K | $30K | 50x |
| Short | MEXC DEEP_USDT | 0.01946 | 0.0100 | get 0.0050% / 4h | 15m 49s | $1.0M | $460K | 100x |
BloFin DEEP-USDT
MEXC DEEP_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
- −$4.45
- Price spread: +0.154% → +0.274%
- −$12.01
- Slippage, 4 orders
- −$68.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$100.52
- Costs to cover
- 0.841%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 51 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, 51 min ago | 7.68 bp | 27.2 bp −$27 | 103.2 bp −$1,032 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 5.14 bp | 13.8 bp −$14 | 97.1 bp −$971 | 270.0 bp −$27.0K | doesn't fit |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance DEEPUSDT | +0.0100% | 4h | 0.01948 | +0.282% | $2.1M | $5.9M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01943 | 0.000% | $4.2M | $2.7M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01944 | +0.051% | $300K | $72K | 50x | as long as short |
| MEXC DEEP_USDTshort | +0.0100% | 4h | 0.01946 | +0.154% | $1.0M | $460K | 100x | |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01947 | +0.206% | $825K | $540K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.01948 | +0.257% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01942 | −0.067% | $13K | $9K | — | as long as short |
| KuCoin DEEPUSDTM | +0.0102% | 4h | 0.01953 | +0.515% | $1.8M | $90K | 20x | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01945 | +0.127% | $6K | $247K | 5x | as long as short |
| BloFin DEEP-USDTlong | +0.0121% | 8h | 0.01943 | long leg | $133K | $30K | 50x |
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEP
KuCoin DEEPUSDTM
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | +0.0623% | 1h | 0.01946 | +0.154% | $79K | $11K | 20x | as long as short |
| Kraken Futures PF_DEEPUSD | +0.0632% | 1h | 0.01947 | +0.229% | $8K | $10K | 10x | as long as short |
Bluefin DEEP-PERP
Kraken Futures PF_DEEPUSD