Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against BloFin−0.046%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.488% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.104%−$10 · spread now −0.046%, 7d avg −0.019%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EGLD-USDT | 4.3320 | 0.0220 | pay 0.0220% / 8h | 38m 35s | $222K | $476K | 75x |
| Short | MEXC EGLD_USDT | 4.3300 | 0.0100 | get 0.0100% / 8h | 38m 35s | $4.4M | $3.4M | 125x |
BloFin EGLD-USDT
MEXC EGLD_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
- −$25.2
- Price spread: −0.046% → −0.019%
- −$2.69
- Slippage, 4 orders
- −$32.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$76.67
- Costs to cover
- 0.488%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 37 min ago; MEXC: live order book, 4 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, 37 min ago | 1.17 bp | 15.9 bp −$16 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.15 bp | 4.3 bp −$4 | 21.5 bp −$215 | 99.4 bp −$9,941 | 143.7 bp −$71.9K |
EGLD 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.2627% | 1h | 4.3449 | +0.297% | $432K | $714K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.512% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3300 | −0.046% | $4.6M | $26.7M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3320 | 0.000% | $2.6M | $8.7M | 75x | as long as short |
| OKX EGLD-USDT-SWAP | +0.0100% | 8h | 4.3350 | +0.069% | $625K | $5.1M | 20x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3420 | +0.231% | $518K | $679K | 30x | as long as short |
| MEXC EGLD_USDTshort | +0.0100% | 8h | 4.3300 | −0.046% | $4.4M | $3.4M | 125x | |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3430 | +0.254% | $2.6M | $1.4M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3370 | +0.115% | $2.2M | $4.3M | 75x | as long as short |
| BingX EGLD-USDT | +0.0100% | 8h | 4.3340 | +0.046% | — | $2.9M | — | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
OKX EGLD-USDT-SWAP
Gate EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
BingX EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EGLD | +0.0100% | 8h | 4.3380 | +0.138% | $17K | $56K | — | as long as short |
| BloFin EGLD-USDTlong | +0.0220% | 8h | 4.3320 | long leg | $222K | $476K | 75x |
Variational Omni EGLD