Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC+0.208%64s7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as 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−$1031.031% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.208%, 7d avg −0.037%
=The price spread pays, funding is against you. BloFin is 0.244% dearer against MEXC than usual: you sell high and buy low (spread +0.208% now, against its 7-day average of −0.037%): +$24 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 64 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 | MEXC SIGN_USDT | 0.01204 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $12.2M | $120K | 20x |
| Short | BloFin SIGN-USDT | 0.01207 | 0.0090 | get 0.0045% / 4h | 1h 02m | $124K | $16K | 25x |
MEXC SIGN_USDT
BloFin SIGN-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
- −$2.13
- Price spread: +0.208% → −0.037%
- $24.45
- Slippage, 4 orders
- −$87.07
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$80.76
- Costs to cover
- 1.031%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 34 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, 1 min ago | 3.73 bp | 14.0 bp −$14 | 108.6 bp −$1,086 | 244.0 bp −$24.4K | 563.8 bp −$281.9K |
| Sell BloFin live order book, 34 min ago | 3.31 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
SIGN on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SIGNUSDT | −0.0073% | 4h | 0.01203 | −0.094% | $10K | $5K | 5x | as long as short |
| Variational Omni SIGN | −0.0034% | 4h | 0.01207 | +0.254% | $83K | $2K | — | as long as short |
| BloFin SIGN-USDTshort | +0.0090% | 4h | 0.01207 | +0.208% | $124K | $16K | 25x | |
| Binance SIGNUSDT | +0.0100% | 4h | 0.01205 | +0.042% | $2.3M | $1.6M | 25x | as long as short |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01203 | −0.075% | $2.1M | $362K | 25x | as long as short |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01205 | +0.058% | $653K | $293K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01205 | +0.066% | $92K | $34K | 25x | as long as short |
| MEXC SIGN_USDTlong | +0.0100% | 4h | 0.01204 | long leg | $12.2M | $120K | 20x | |
| KuCoin SIGNUSDTM | +0.0100% | 4h | 0.01207 | +0.233% | $1.5M | $15K | 25x | as long as short |
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01205 | +0.108% | $920K | $167K | 25x | as long as short |
Aster SIGNUSDT
Variational Omni SIGN
Binance SIGNUSDT
Bybit SIGNUSDT
OKX SIGN-USDT-SWAP
Gate SIGN_USDT
KuCoin SIGNUSDTM
Bitget SIGNUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SIGN-USDT | +0.0100% | 4h | 0.01204 | 0.000% | — | $6.6M | — | as long as short |
| ApeX Omni SIGNUSDT | +0.0100% | 1h | 0.01209 | +0.399% | $30K | $663K | 50x | as long as short |
BingX SIGN-USDT
ApeX Omni SIGNUSDT