Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC+0.159%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$690.689% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.159%, 7d avg −0.002%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.161% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NOT_USDT | 0.0005034 | 0.0100 | pay 0.0050% / 4h | 38m 51s | $1.3M | $424K | 200x |
| Short | BloFin NOT-USDT | 0.0005042 | 0.0115 | get 0.0058% / 4h | 38m 51s | $111K | $16K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.23
- Price spread: +0.159% → −0.002%
- $16.1
- Slippage, 4 orders
- −$52.89
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$49.56
- Costs to cover
- 0.689%
- Break-even
- 114.5 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 57 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, 2 min ago | 1.98 bp | 10.7 bp −$11 | 51.1 bp −$511 | 94.6 bp −$9,457 | 115.6 bp −$57.8K |
| Sell BloFin live order book, 57 min ago | 6.89 bp | 22.1 bp −$22 | 73.6 bp −$736 | doesn't fit | doesn't fit |
NOT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOT | −0.0387% | 4h | 0.0005028 | −0.128% | $71K | $39K | — | as long as short |
| KuCoin NOTUSDTM | −0.0252% | 4h | 0.0005026 | −0.159% | $466K | $128K | 50x | as long as short |
| Injective NOT/USDC PERP | +0.0033% | 1h | 0.0004874 | −3.178% | $1K | $13K | 5.5x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005040 | +0.127% | $11K | $4K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005040 | +0.119% | $357K | $57K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005037 | +0.070% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0005033 | −0.020% | $2.1M | $3.1M | 50x | as long as short |
| Bybit NOTUSDT | +0.0100% | 4h | 0.0005029 | −0.099% | $2.1M | $849K | 25x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005030 | −0.079% | $629K | $650K | 20x | as long as short |
| Gate NOT_USDT | +0.0100% | 4h | 0.0005040 | +0.119% | $140K | $70K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NOT_USDTlong | +0.0100% | 4h | 0.0005034 | long leg | $1.3M | $424K | 200x | |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005039 | +0.099% | $668K | $412K | 50x | as long as short |
| BingX NOT-USDC | +0.0100% | 4h | 0.0005034 | 0.000% | — | $726K | — | as long as short |
| Extended kNOT-USD | +0.0104% | 1h | 0.0005029 | −0.094% | $4K | $491 | 5x | as long as short |
| BloFin NOT-USDTshort | +0.0115% | 4h | 0.0005042 | +0.159% | $111K | $16K | 50x | |
| Kraken Futures PF_NOTUSD | +0.1716% | 1h | 0.0005032 | −0.048% | $49K | $9K | 10x | as long as short |
MEXC NOT_USDT
BloFin NOT-USDT
Variational Omni NOT
KuCoin NOTUSDTM
Injective NOT/USDC PERP
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
Bybit NOTUSDT
OKX NOT-USDT-SWAP
Gate NOT_USDT
Bitget NOTUSDT
BingX NOT-USDC
Extended kNOT-USD
Kraken Futures PF_NOTUSD