Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against MEXC−0.038%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Funding, last 5 days (all we have)+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.038%, 7d avg +0.013%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.051% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TQQQ_USDT | 79.700 | 0 | get 0.0000% / 8h | 4h 33m | $1.5M | $225K | 20x |
| Short | BloFin TQQQ-USDT | 79.670 | −0.0016 | pay 0.0016% / 8h | 4h 33m | $164K | $30K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.31
- Price spread: −0.038% → +0.013%
- −$5.11
- Slippage, 4 orders
- −$5.78
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$26.19
- Costs to cover
- 0.178%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 64 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, 3 min ago | 0.63 bp | 0.6 bp −$1 | 2.6 bp −$26 | 19.7 bp −$1,968 | 216.6 bp −$108.3K |
| Sell BloFin live order book, 64 min ago | 1.88 bp | 8.6 bp −$9 | 14.1 bp −$141 | 36.6 bp −$3,658 | doesn't fit |
TQQQ on 11 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 TQQQ-USDTshort | −0.0016% | 8h | 79.670 | −0.038% | $164K | $30K | 20x | |
| Aster TQQQUSDT | 0.0000% | 8h | 79.556 | −0.181% | $70K | $145K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 79.695 | −0.006% | $18.4M | $47.6M | 20x | as long as short |
| Bybit TQQQUSDT | 0.0000% | 8h | 79.740 | +0.050% | $3.0M | $6.5M | 25x | as long as short |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 79.690 | −0.013% | $2.5M | $5.3M | 10x | as long as short |
| MEXC TQQQ_USDTlong | 0.0000% | 8h | 79.700 | long leg | $1.5M | $225K | 20x | |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.730 | +0.038% | $7.6M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.687 | −0.017% | $1K | $99K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.730 | +0.038% | $14K | $10K | 10x | as long as short |
| KuCoin TQQQUSDTM | +0.0034% | 8h | 79.660 | −0.050% | $181K | $684K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 79.670 | −0.038% | $5 | — | 10x | as long as short |
MEXC TQQQ_USDT
BloFin TQQQ-USDT
Aster TQQQUSDT
Binance TQQQUSDT
Bybit TQQQUSDT
OKX TQQQ-USDT-SWAP
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
KuCoin TQQQUSDTM