Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC−0.264%94s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as 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−$480.480% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)+0.467%+$47 · spread now −0.264%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.267% cheaper against MEXC than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.003%. 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 ESP_USDT | 0.09479 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $1.3M | $126K | 20x |
| Short | BloFin ESP-USDT | 0.09454 | 0.0092 | get 0.0046% / 4h | 1h 49m | $126K | $33K | 25x |
MEXC ESP_USDT
BloFin ESP-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
- −$1.77
- Price spread: −0.264% → +0.003%
- −$26.68
- Slippage, 4 orders
- −$31.97
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$76.43
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 22 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, 2 min ago | 0.53 bp | 9.5 bp −$9 | 45.9 bp −$459 | 235.0 bp −$23.5K | doesn't fit |
| Sell BloFin live order book, 22 min ago | 0.53 bp | 17.2 bp −$17 | 39.4 bp −$394 | doesn't fit | doesn't fit |
ESP 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDTshort | +0.0092% | 4h | 0.09454 | −0.264% | $126K | $33K | 25x | |
| Aster ESPUSDT | +0.0100% | 4h | 0.09478 | −0.013% | $7K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09479 | 0.000% | $2.4M | $4.0M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09484 | +0.053% | $602K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09489 | +0.105% | $190K | $594K | 50x | as long as short |
| MEXC ESP_USDTlong | +0.0100% | 4h | 0.09479 | long leg | $1.3M | $126K | 20x | |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09483 | +0.042% | $1.5M | $43K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09483 | +0.038% | $953K | $135K | 20x | as long as short |
| edgeX ESPUSDC | +0.0116% | 4h | 0.09467 | −0.123% | $29K | $267K | 10x | as long as short |
| BingX ESP-USDT | +0.0210% | 4h | 0.09483 | +0.042% | — | $1.7M | — | as long as short |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0284% | 4h | 0.09470 | −0.095% | $1.1M | $653K | 50x | as long as short |
Bybit ESPUSDT