Settings8H · net · $10k
Funding arb · Price arb /

NOT

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.072%+$7 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NOT_USDT0.00050340.0100pay 0.0050% / 4h38m 51s$1.3M$424K200x
ShortBloFin NOT-USDT0.00050420.0115get 0.0058% / 4h38m 51s$111K$16K50x

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

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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago1.98 bp10.7 bp −$1151.1 bp −$51194.6 bp −$9,457115.6 bp −$57.8K
Sell BloFin live order book, 57 min ago6.89 bp22.1 bp −$2273.6 bp −$736doesn't fitdoesn't fit

NOT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NOT−0.0387%4h0.0005028−0.128%$71K$39Kas long as short
KuCoin NOTUSDTM−0.0252%4h0.0005026−0.159%$466K$128K50xas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.178%$1K$13K5.5xas long as short
Lighter 1000NOT+0.0096%1h0.0005040+0.127%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005040+0.119%$357K$57K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005037+0.070%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005033−0.020%$2.1M$3.1M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005029−0.099%$2.1M$849K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005030−0.079%$629K$650K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005040+0.119%$140K$70K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDTlong+0.0100%4h0.0005034long leg$1.3M$424K200x
Bitget NOTUSDT+0.0100%4h0.0005039+0.099%$668K$412K50xas long as short
BingX NOT-USDC+0.0100%4h0.00050340.000%$726Kas long as short
Extended kNOT-USD+0.0104%1h0.0005029−0.094%$4K$4915xas long as short
BloFin NOT-USDTshort+0.0115%4h0.0005042+0.159%$111K$16K50x
Kraken Futures PF_NOTUSD+0.1716%1h0.0005032−0.048%$49K$9K10xas long as short