Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.24 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against MEXC−0.260%49s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as 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−$490.491% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.237%+$24 · spread now −0.260%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.281% cheaper against MEXC than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.021%). Swap the legs. The two prices were read 49 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 0G_USDT | 0.2308 | 0.0100 | pay 0.0050% / 4h | 40m 15s | $2.0M | $198K | 50x |
| Short | BloFin 0G-USDT | 0.2302 | 0.0052 | get 0.0026% / 4h | 40m 15s | $325K | $9K | 50x |
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
- −$10.07
- Price spread: −0.260% → +0.021%
- −$28.12
- Slippage, 4 orders
- −$33.06
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.25
- Costs to cover
- 0.491%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 60 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, 2 min ago | 2.17 bp | 11.9 bp −$12 | 34.2 bp −$342 | 174.8 bp −$17.5K | 232.0 bp −$116.0K |
| Sell BloFin live order book, 60 min ago | 2.16 bp | 8.3 bp −$8 | 23.0 bp −$230 | 220.5 bp −$22.0K | doesn't fit |
0G on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0768% | 4h | 0.2305 | −0.130% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2303 | −0.198% | $2K | — | 100x | as long as short |
| BloFin 0G-USDTshort | +0.0052% | 4h | 0.2302 | −0.260% | $325K | $9K | 50x | |
| Aster 0GUSDT | +0.0100% | 4h | 0.2307 | −0.055% | $16K | $43K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2306 | −0.087% | $6.8M | $8.2M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2304 | −0.173% | $2.3M | $2.2M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2306 | −0.087% | $884K | $2.2M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2303 | −0.217% | $591K | $148K | 50x | as long as short |
| MEXC 0G_USDTlong | +0.0100% | 4h | 0.2308 | long leg | $2.0M | $198K | 50x | |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2304 | −0.173% | $1.9M | $696K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack 0G_USDC_PERP | +0.0100% | 1h | 0.2304 | −0.173% | $31K | $54K | 5x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2299 | −0.387% | $12K | $3K | — | as long as short |
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2299 | −0.390% | $18K | $622K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0166% | 4h | 0.2308 | +0.017% | $2.4M | $2.4M | 50x | as long as short |
| Hyperliquid 0G | +0.0953% | 1h | 0.2310 | +0.091% | $2.5M | $484K | 3x | as long as short |
| Lighter 0G | +0.1512% | 1h | 0.2311 | +0.130% | $48K | $98K | 3x | as long as short |
MEXC 0G_USDT
BloFin 0G-USDT
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Binance 0GUSDT
Bybit 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
Bitget 0GUSDT
Backpack 0G_USDC_PERP
Variational Omni 0G
ApeX Omni 0GUSDT
KuCoin 0GUSDTM
Hyperliquid 0G
Lighter 0G