Funding you earn now, next payment 08:00 UTC+0.0283%/8h= +31.0% APRnext payment +$1.42 per $10,000 · paid last 24h +0.104%
Price spread now: MEXC against BloFin+0.263%94s7-day average −0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as 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−$970.975% of the position
Funding, last 7 days+0.704%+$70 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.263%, 7d avg −0.089%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.351% dearer against BloFin than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of −0.089%. 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 | BloFin RED-USDT | 0.1562 | 0.0059 | pay 0.0029% / 4h | 1h 23m | $219K | $5K | 25x |
| Short | MEXC RED_USDT | 0.1566 | 0.0342 | get 0.0171% / 4h | 1h 23m | $521K | $171K | 20x |
BloFin RED-USDT
MEXC RED_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $59.51
- Price spread: +0.263% → −0.089%
- $35.13
- Slippage, 4 orders
- −$81.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$2.83
- Costs to cover
- 0.975%
- Break-even
- 7.3 days
Slippage from BloFin: live order book, 52 min ago; MEXC: live order book, 11 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, 52 min ago | 2.58 bp | 47.9 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 11 min ago | 3.22 bp | 9.8 bp −$10 | 48.1 bp −$481 | 203.9 bp −$20.4K | 477.4 bp −$238.7K |
RED on 10 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 RED-USDTlong | +0.0059% | 4h | 0.1562 | long leg | $219K | $5K | 25x | |
| Aster REDUSDT | +0.0100% | 4h | 0.1566 | +0.255% | $28K | $37K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1564 | +0.115% | $2.3M | $4.2M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1566 | +0.263% | $1.9M | $2.0M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1567 | +0.327% | $356K | $96K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1568 | +0.391% | $762K | $326K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1567 | +0.341% | $26K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1602 | +2.567% | $1K | $829K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1565 | +0.212% | $31 | — | 5x | as long as short |
| MEXC RED_USDTshort | +0.0342% | 4h | 0.1566 | +0.263% | $521K | $171K | 20x |
Aster REDUSDT
Binance REDUSDT
Bybit REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD