H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.007%

Price spread now: MEXC against BloFin+0.060%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$890.888% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−1.518%−$152 · spread now +0.060%, 7d avg −0.032%

Together, before fees−1.519%−$152 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.092% dearer against BloFin than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.032%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.001% in total) that is about 22 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin H-USDT	0.06672	0.0126	pay 0.0063% / 4h	1h 28m	$582K	$109K	25x
Short	MEXC H_USDT	0.06676	0.0100	get 0.0050% / 4h	1h 28m	$6.0M	$1.1M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now +0.060%Rate

Funding earned: −$5.54
Price spread: +0.060% → −0.032%: $9.17
Slippage, 4 orders: −$72.76
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$85.12
Costs to cover: 0.888%
Break-even: never at this rate

Slippage from BloFin: live order book, 13 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, 13 min ago	3.72 bp	38.2 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.24 bp	16.6 bp −$17	60.5 bp −$605	124.6 bp −$12.5K	455.3 bp −$227.6K

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.325%	$1K	$1	5.5x	as long as short
KuCoin HUSDTM	+0.0046%	4h	0.06676	+0.060%	$1.6M	$10.0M	8x	as long as short
Aster HUSDT	+0.0100%	4h	0.06676	+0.067%	$109K	$57K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06670	−0.024%	$14.3M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06663	−0.129%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06677	+0.075%	$1.8M	$6.0M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06674	+0.030%	$2.7M	$1.8M	10x	as long as short
MEXC H_USDTshort	+0.0100%	4h	0.06676	+0.060%	$6.0M	$1.1M	20x
Bitget HUSDT	+0.0100%	4h	0.06656	−0.240%	$1.7M	$457K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06671	−0.015%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06686	+0.204%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06695	+0.351%	$1.1M	$447K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06675	+0.052%	$10K	$101K	5x	as long as short
BloFin H-USDTlong	+0.0126%	4h	0.06672	long leg	$582K	$109K	25x