ALT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against BloFin−0.147%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$570.569% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.615%−$61 · spread now −0.147%, 7d avg −0.014%

Together, before fees−0.611%−$61 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.132% cheaper against BloFin than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of −0.014%). If the spread goes back, that is −$13 on $10k: about 16 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.004% in total) that is about 7 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ALT-USDT	0.007508	0.0072	pay 0.0036% / 4h	3h 40m	$168K	$8K	50x
Short	MEXC ALT_USDT	0.007497	0.0100	get 0.0050% / 4h	3h 40m	$364K	$168K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now −0.147%Rate

Funding earned: $5.9
Price spread: −0.147% → −0.014%: −$13.24
Slippage, 4 orders: −$40.91
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$64.26
Costs to cover: 0.569%
Break-even: 83.3 days

Slippage from BloFin: live order book, 24 min ago; MEXC: live order book, 39 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 BloFin live order book, 24 min ago	2.00 bp	18.0 bp −$18	61.4 bp −$614	doesn't fit	doesn't fit
Sell MEXC live order book, 39 min ago	2.00 bp	13.5 bp −$14	67.2 bp −$672	271.2 bp −$27.1K	465.4 bp −$232.7K

ALT on 14 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
Deribit ALT_USDC-PERPETUAL	0.0000%	1h	0.007497	−0.147%	—	$0	25x	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007691	+2.437%	$837	$22	5.5x	as long as short
BloFin ALT-USDTlong	+0.0072%	4h	0.007508	long leg	$168K	$8K	50x
Hyperliquid ALT	+0.0100%	1h	0.007494	−0.186%	$1.1M	$135K	3x	as long as short
Binance ALTUSDT	+0.0100%	4h	0.007496	−0.154%	$2.6M	$3.5M	50x	as long as short
Bybit ALTUSDT	+0.0100%	4h	0.007493	−0.200%	$1.2M	$1.7M	25x	as long as short
Gate ALT_USDT	+0.0100%	8h	0.007497	−0.147%	$50K	$377K	25x	as long as short
MEXC ALT_USDTshort	+0.0100%	4h	0.007497	−0.147%	$364K	$168K	50x
KuCoin ALTUSDTM	+0.0100%	4h	0.007505	−0.040%	$144K	$20K	30x	as long as short
Bitget ALTUSDT	+0.0100%	4h	0.007500	−0.107%	$600K	$144K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ALT-USDT	+0.0100%	4h	0.007492	−0.213%	—	$1.3M	—	as long as short
Variational Omni ALT	+0.0100%	4h	0.007508	−0.003%	$4K	$14K	—	as long as short
Kraken Futures PF_ALTUSD	+0.0383%	1h	0.007496	−0.164%	$44K	$8K	10x	as long as short
Coinbase International ALT-PERP-INTX	+0.0576%	1h	0.007524	+0.213%	$13K	$2K	50x	as long as short