STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against MEXC−0.122%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$730.727% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.201%+$20 · spread now −0.122%, 7d avg +0.009%

Together, before fees+0.198%+$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.130% cheaper against MEXC than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC STABLE_USDT	0.02466	0.0100	pay 0.0050% / 4h	1h 04m	$658K	$157K	20x
Short	BloFin STABLE-USDT	0.02463	0.0102	get 0.0051% / 4h	1h 04m	$112K	$7K	75x

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

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now −0.122%Rate

Funding earned: $0.32
Price spread: −0.122% → +0.009%: −$13.03
Slippage, 4 orders: −$52.72
Fee MEXC: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$85.43
Costs to cover: 0.727%
Break-even: 1847.2 days

Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 68 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, 5 min ago	2.03 bp	10.7 bp −$11	44.6 bp −$446	229.4 bp −$22.9K	599.2 bp −$299.6K
Sell BloFin live order book, 68 min ago	4.05 bp	18.1 bp −$18	55.1 bp −$551	doesn't fit	doesn't fit

STABLE on 15 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 STABLEUSDT	−0.0080%	4h	0.02467	+0.060%	$19K	$7K	20x	as long as short
Lighter STABLE	+0.0096%	1h	0.02480	+0.572%	$114K	$3K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02466	+0.020%	$869K	$226K	3x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02466	0.000%	$2.4M	$2.7M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02468	+0.081%	$1.5M	$747K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02465	−0.041%	$203K	$403K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02467	+0.041%	$172K	$87K	50x	as long as short
MEXC STABLE_USDTlong	+0.0100%	4h	0.02466	long leg	$658K	$157K	20x
KuCoin STABLEUSDTM	+0.0100%	4h	0.02470	+0.162%	$177K	$27K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02467	+0.041%	$291K	$115K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX STABLE-USDT	+0.0100%	4h	0.02466	0.000%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02467	+0.047%	$145K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02465	−0.053%	$2K	$659K	20x	as long as short
BloFin STABLE-USDTshort	+0.0102%	4h	0.02463	−0.122%	$112K	$7K	75x
Extended STABLE-USD	+0.0104%	1h	0.02465	−0.061%	$12K	$175K	10x	as long as short