Funding you earn now, next payment 04:00 UTC−0.0051%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC+0.105%94s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as 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−$560.563% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.105%, 7d avg +0.033%
=The price spread pays, funding is against you. BloFin is 0.072% dearer against MEXC than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.033%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days. 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 ID_USDT | 0.03794 | 0.0100 | pay 0.0050% / 4h | 39m 36s | $370K | $200K | 20x |
| Short | BloFin ID-USDT | 0.03798 | 0.0049 | get 0.0025% / 4h | 39m 36s | $161K | $13K | 50x |
MEXC ID_USDT
BloFin ID-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
- −$10.61
- Price spread: +0.105% → +0.033%
- $7.21
- Slippage, 4 orders
- −$40.31
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$59.71
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 52 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 | 1.32 bp | 11.5 bp −$12 | 47.2 bp −$472 | 121.1 bp −$12.1K | 210.5 bp −$105.3K |
| Sell BloFin live order book, 52 min ago | 6.58 bp | 18.6 bp −$19 | 45.2 bp −$452 | doesn't fit | doesn't fit |
ID 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 ID-USDTshort | +0.0049% | 4h | 0.03798 | +0.105% | $161K | $13K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03796 | +0.063% | $9K | $153 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03790 | −0.107% | $2.4M | $3.7M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03793 | −0.026% | $1.4M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03798 | +0.105% | $251K | $238K | 25x | as long as short |
| MEXC ID_USDTlong | +0.0100% | 4h | 0.03794 | long leg | $370K | $200K | 20x | |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03797 | +0.079% | $1.1M | $58K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03802 | +0.205% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0168% | 4h | 0.03792 | −0.053% | — | $2.3M | — | as long as short |
| Bitget IDUSDT | +0.0206% | 4h | 0.03794 | 0.000% | $811K | $640K | 50x | as long as short |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BingX ID-USDT
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0738% | 1h | 0.03800 | +0.148% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD