Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.9% APRnext payment −$1.50 per $10,000 · paid last 24h −0.104%
Price spread now: BloFin against MEXC−0.134%7-day average +0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
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)−0.125%−$13 · spread now −0.134%, 7d avg +0.089%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and BloFin is 0.223% cheaper against MEXC than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.089%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RED_USDT | 0.1564 | 0.0342 | pay 0.0171% / 4h | 1h 27m | $529K | $170K | 20x |
| Short | BloFin RED-USDT | 0.1562 | 0.0042 | get 0.0021% / 4h | 1h 27m | $219K | $5K | 25x |
MEXC RED_USDT
BloFin RED-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
- −$63.1
- Price spread: −0.134% → +0.089%
- −$22.3
- Slippage, 4 orders
- −$81.47
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$182.87
- Costs to cover
- 0.975%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 8 min ago; BloFin: live order book, 49 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, 8 min ago | 3.22 bp | 8.7 bp −$9 | 37.7 bp −$377 | 206.2 bp −$20.6K | 495.1 bp −$247.6K |
| Sell BloFin live order book, 49 min ago | 2.58 bp | 31.1 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
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-USDTshort | +0.0042% | 4h | 0.1562 | −0.134% | $219K | $5K | 25x | |
| Aster REDUSDT | +0.0100% | 4h | 0.1565 | +0.087% | $28K | $37K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1565 | +0.064% | $2.3M | $4.2M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1567 | +0.179% | $1.9M | $2.0M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1567 | +0.192% | $356K | $96K | 25x | as long as short |
| Bitget REDUSDT | +0.0100% | 4h | 0.1566 | +0.128% | $761K | $325K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1558 | −0.353% | $26K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1602 | +2.430% | $2K | $827K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1565 | +0.038% | $31 | — | 5x | as long as short |
| MEXC RED_USDTlong | +0.0342% | 4h | 0.1564 | long leg | $529K | $170K | 20x |
Aster REDUSDT
Binance REDUSDT
Bybit REDUSDT
Gate RED_USDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD