Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.16 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC−0.040%7-day average −0.010% · 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−$51as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.040%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.031% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LA_USDT | 0.07437 | −0.0056 | get 0.0028% / 4h | 1h 21m | $387K | $134K | 50x |
| Short | BloFin LA-USDT | 0.07434 | −0.0089 | pay 0.0044% / 4h | 1h 21m | $247K | $20K | 25x |
MEXC LA_USDT
BloFin LA-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
- −$6.88
- Price spread: −0.040% → −0.010%
- −$3.08
- Slippage, 4 orders
- −$32.03
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$58
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 55 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, 4 min ago | 2.02 bp | 9.7 bp −$10 | 52.3 bp −$523 | 417.0 bp −$41.7K | doesn't fit |
| Sell BloFin live order book, 55 min ago | 4.74 bp | 15.1 bp −$15 | 29.3 bp −$293 | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LA-USDT | −0.0372% | 4h | 0.07439 | +0.027% | — | $6.6M | — | as long as short |
| Bitget LAUSDT | −0.0350% | 4h | 0.07426 | −0.148% | $2.0M | $460K | 25x | as long as short |
| Gate LA_USDT | −0.0230% | 4h | 0.07434 | −0.040% | $227K | $821K | 50x | as long as short |
| Aster LAUSDT | −0.0177% | 4h | 0.07438 | +0.012% | $51K | $25K | 5x | as long as short |
| BloFin LA-USDTshort | −0.0089% | 4h | 0.07434 | −0.040% | $247K | $20K | 25x | |
| MEXC LA_USDTlong | −0.0056% | 4h | 0.07437 | long leg | $387K | $134K | 50x | |
| Binance LAUSDT | −0.0049% | 4h | 0.07437 | −0.006% | $4.8M | $9.6M | 25x | as long as short |
| KuCoin LAUSDTM | −0.0046% | 4h | 0.07431 | −0.081% | $1.0M | $82K | 30x | as long as short |
| OKX LA-USDT-SWAP | +0.0060% | 4h | 0.07435 | −0.027% | $1.4M | $2.9M | 20x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07440 | +0.040% | $2.4M | $2.6M | 25x | as long as short |
BingX LA-USDT
Bitget LAUSDT
Gate LA_USDT
Aster LAUSDT
Binance LAUSDT
KuCoin LAUSDTM
OKX LA-USDT-SWAP
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07430 | −0.094% | $142K | $444K | 10x | as long as short |
GRVT LA_USDT_Perp