H

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against MEXC+0.072%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1031.028% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.272%+$27 · spread now +0.072%, 7d avg +0.035%

Together, before fees+0.273%+$27 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.036% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC H_USDT	0.06988	0.0100	pay 0.0050% / 4h	41m 06s	$6.3M	$1.1M	20x
Short	BloFin H-USDT	0.06993	0.0099	get 0.0049% / 4h	41m 06s	$594K	$116K	25x

Funding 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 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$0.23
Price spread: +0.072% → +0.035%: $3.63
Slippage, 4 orders: −$86.85
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$99.44
Costs to cover: 1.028%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 35 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, 1 min ago	1.43 bp	12.6 bp −$13	57.4 bp −$574	109.0 bp −$10.9K	doesn't fit
Sell BloFin live order book, 35 min ago	2.89 bp	34.2 bp −$34	doesn't fit	doesn't fit	doesn't fit

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	−10.561%	$1K	$1	5.5x	as long as short
BloFin H-USDTshort	+0.0099%	4h	0.06993	+0.072%	$594K	$116K	25x
Aster HUSDT	+0.0100%	4h	0.06990	+0.027%	$116K	$53K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06991	+0.036%	$15.0M	$10.5M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06980	−0.112%	$7.6M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06997	+0.129%	$1.7M	$5.9M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06978	−0.143%	$2.9M	$1.9M	10x	as long as short
MEXC H_USDTlong	+0.0100%	4h	0.06988	long leg	$6.3M	$1.1M	20x
KuCoin HUSDTM	+0.0100%	4h	0.06980	−0.114%	$1.6M	$10.1M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06967	−0.301%	$1.7M	$451K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06991	+0.043%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06989	+0.016%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06992	+0.062%	$1.2M	$445K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06986	−0.029%	$11K	$107K	5x	as long as short