Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BloFin−0.235%64s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.235% cheaper against BloFin than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | BloFin APEX-USDT | 0.2557 | 0.0152 | pay 0.0076% / 4h | 1h 48m | $93K | $2K | 25x |
| Short | MEXC APEX_USDT | 0.2551 | 0.0100 | get 0.0050% / 4h | 1h 48m | $600K | $250K | 50x |
BloFin APEX-USDT
MEXC APEX_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.93
- Price spread: −0.235% → 0.000%
- −$23.46
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$50.39
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 27 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 27 min ago | 3.90 bp | 26.4 bp −$26 | 122.7 bp −$1,227 | 1049.3 bp −$104.9K | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEXUSDT | +0.0100% | 4h | 0.2551 | −0.235% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDTshort | +0.0100% | 4h | 0.2551 | −0.235% | $600K | $250K | 50x | |
| BingX APEX-USDT | +0.0100% | 4h | 0.2552 | −0.196% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2551 | −0.224% | $17K | $4K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2548 | −0.352% | $136K | $471K | 50x | as long as short |
| BloFin APEX-USDTlong | +0.0152% | 4h | 0.2557 | long leg | $93K | $2K | 25x | |
| Lighter APEX | +0.2064% | 1h | 0.2561 | +0.149% | $54K | $21K | 5x | as long as short |
| Hyperliquid APEX | +0.2708% | 1h | 0.2561 | +0.152% | $2.9M | $117K | 3x | as long as short |
Bybit APEXUSDT
BingX APEX-USDT
Variational Omni APEX
ApeX Omni APEXUSDT
Lighter APEX
Hyperliquid APEX