Funding you earn now, next payment 04:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.004%
Price spread now: BloFin against MEXC−0.346%94s7-day average −0.273% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as 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−$890.885% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)−0.082%−$8 · spread now −0.346%, 7d avg −0.273%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.073% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.273%). Swap the legs. The two prices were read 94 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 | MEXC DEEP_USDT | 0.02023 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $1.1M | $555K | 100x |
| Short | BloFin DEEP-USDT | 0.02016 | 0.0089 | get 0.0089% / 8h | 7h 27m | $143K | $33K | 50x |
MEXC DEEP_USDT
BloFin DEEP-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
- −$2.24
- Price spread: −0.346% → −0.273%
- −$7.35
- Slippage, 4 orders
- −$72.5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$98.09
- Costs to cover
- 0.885%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 28 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, 3 min ago | 2.47 bp | 16.5 bp −$16 | 69.3 bp −$693 | 246.5 bp −$24.7K | doesn't fit |
| Sell BloFin live order book, 28 min ago | 7.43 bp | 35.2 bp −$35 | 115.7 bp −$1,157 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.5564% | 1h | 0.02002 | −1.038% | $82K | $17K | 20x | as long as short |
| BloFin DEEP-USDTshort | +0.0089% | 8h | 0.02016 | −0.346% | $143K | $33K | 50x | |
| Binance DEEPUSDT | +0.0100% | 4h | 0.02024 | +0.038% | $2.2M | $6.1M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.02015 | −0.395% | $4.3M | $2.7M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.02019 | −0.198% | $310K | $93K | 50x | as long as short |
| MEXC DEEP_USDTlong | +0.0100% | 4h | 0.02023 | long leg | $1.1M | $555K | 100x | |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.02027 | +0.198% | $1.8M | $91K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.02022 | −0.049% | $866K | $596K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.02021 | −0.099% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.02007 | −0.806% | $13K | $9K | — | as long as short |
Bluefin DEEP-PERP
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DEEP-USD | +0.0104% | 1h | 0.02023 | +0.015% | $4K | $201K | 5x | as long as short |
| Kraken Futures PF_DEEPUSD | +1.2457% | 1h | 0.02045 | +1.075% | $8K | $7K | 10x | as long as short |
Extended DEEP-USD
Kraken Futures PF_DEEPUSD