IO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against BloFin+0.132%7-day average −0.096% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$630.631% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 3 days (all we have)−0.085%−$9 · spread now +0.132%, 7d avg −0.096%

Together, before fees−0.134%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.228% dearer against BloFin than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of −0.096%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IO-USDT	0.1512	0.0126	pay 0.0063% / 4h	1h 44m	$193K	$30K	50x
Short	MEXC IO_USDT	0.1514	0.0100	get 0.0050% / 4h	1h 44m	$1.2M	$227K	125x

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 +0.132%Rate

Funding earned: −$5.46
Price spread: +0.132% → −0.096%: $22.83
Slippage, 4 orders: −$47.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$45.77
Costs to cover: 0.631%
Break-even: never at this rate

Slippage from BloFin: live order book, 30 min ago; MEXC: live order book, 1 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, 30 min ago	6.61 bp	14.7 bp −$15	46.6 bp −$466	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	6.61 bp	23.5 bp −$23	170.7 bp −$1,707	353.2 bp −$35.3K	doesn't fit

IO 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
Kraken Futures PF_IOUSD	−0.0638%	1h	0.1517	+0.315%	$39K	$21K	10x	as long as short
Hyperliquid IO	+0.0100%	1h	0.1515	+0.165%	$1.0M	$389K	3x	as long as short
Aster IOUSDT	+0.0100%	4h	0.1516	+0.243%	$6K	$32K	5x	as long as short
Binance IOUSDT	+0.0100%	4h	0.1516	+0.265%	$3.0M	$6.5M	50x	as long as short
Bybit IOUSDT	+0.0100%	4h	0.1514	+0.139%	$1.1M	$871K	25x	as long as short
Gate IO_USDT	+0.0100%	4h	0.1515	+0.231%	$232K	$526K	50x	as long as short
MEXC IO_USDTshort	+0.0100%	4h	0.1514	+0.132%	$1.2M	$227K	125x
KuCoin IOUSDTM	+0.0100%	4h	0.1514	+0.132%	$402K	$654K	50x	as long as short
Bitget IOUSDT	+0.0100%	4h	0.1516	+0.265%	$1.3M	$1.2M	50x	as long as short
BingX IO-USDT	+0.0100%	4h	0.1516	+0.265%	—	$1.3M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni IO	+0.0100%	4h	0.1509	−0.208%	$30K	$5K	—	as long as short
Extended IO-USD	+0.0104%	1h	0.1514	+0.156%	$5K	$171K	5x	as long as short
BloFin IO-USDTlong	+0.0126%	4h	0.1512	long leg	$193K	$30K	50x
Injective IO/USDC PERP	+0.0163%	1h	0.1509	−0.198%	$2K	$102	5.5x	as long as short