ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0190%/8h= +20.8% APRnext payment +$1.90 per $10,000 · paid last 24h +0.052%

Price spread now: BloFin against MEXC+0.124%49s7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs+$3as 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−$220.216% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.245%+$25 on $10k

Price spread, last 4 days (all we have)+0.183%+$18 · spread now +0.124%, 7d avg +0.015%

Together, before fees+0.428%+$43 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.109% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.015%. 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 ARB_USDT	0.2178	−0.0085	get 0.0085% / 8h	36m 27s	$42.7M	$61.9M	200x
Short	BloFin ARB-USDT	0.2181	0.0105	get 0.0105% / 8h	36m 27s	$3.0M	$2.3M	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 +0.124%Rate

Funding earned: $39.87
Price spread: +0.124% → +0.015%: $10.87
Slippage, 4 orders: −$9.64
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $29.1
Costs to cover: 0.216%
Break-even: 1.9 days

Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 2 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	0.69 bp	1.4 bp −$1	18.3 bp −$183	43.6 bp −$4,361	73.5 bp −$36.8K
Sell BloFin live order book, 2 min ago	0.92 bp	9.3 bp −$9	13.7 bp −$137	doesn't fit	doesn't fit

ARB on 36 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
Injective ARB/USDC PERP	−0.1612%	1h	0.2171	−0.326%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0160%	1h	0.2178	+0.014%	$7K	$236	10x	as long as short
OKX ARB-USDT-SWAP	−0.0085%	8h	0.2178	0.000%	$21.9M	$143.9M	50x	as long as short
MEXC ARB_USDTlong	−0.0085%	8h	0.2178	long leg	$42.7M	$61.9M	200x
SoDEX ARB-USD	−0.0043%	1h	0.2180	+0.083%	$9K	$2.2M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0042%	8h	0.2178	−0.005%	$13K	$404K	10x	as long as short
Polymarket Perps ARB-USD	−0.0021%	1h	0.2180	+0.110%	$70K	$2.1M	10x	as long as short
Variational Omni ARB	−0.0008%	8h	0.2188	+0.469%	$1.8M	$3.0M	—	as long as short
Extended ARB-USD	−0.0008%	1h	0.2178	−0.008%	$347K	$3.1M	25x	as long as short
Binance ARBUSDT	−0.0007%	8h	0.2179	+0.037%	$62.3M	$300.6M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2182	+0.159%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2181	+0.115%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2179	+0.060%	$44K	—	150x	as long as short
Bybit ARBUSDT	+0.0006%	8h	0.2178	+0.018%	$53.3M	$126.1M	50x	as long as short
Gate ARB_USDT	+0.0019%	8h	0.2179	+0.055%	$5.4M	$18.3M	60x	as long as short
RISEx ARB/USDC	+0.0069%	1h	0.2180	+0.104%	$491K	$2.6M	10x	as long as short
BingX ARB-USDC	+0.0080%	8h	0.2178	−0.018%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2180	+0.071%	$138K	$7K	3x	as long as short
Bitget ARBUSDT	+0.0083%	8h	0.2179	+0.041%	$21.1M	$34.6M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0093%	1h	0.2181	+0.150%	$1.1M	$4.4M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2181	+0.138%	$1.2M	$5.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2182	+0.170%	$36.8M	$49.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2180	+0.078%	$630K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2182	+0.168%	$42K	$147K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2179	+0.051%	$19.4M	$14.0M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2183	+0.227%	$39K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2182	+0.186%	$467K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2190	+0.546%	$118K	$279K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2183	+0.225%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2185	+0.308%	$292K	$835K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2180	+0.087%	$4.8M	$12.8M	50x	as long as short
BloFin ARB-USDTshort	+0.0105%	8h	0.2181	+0.124%	$3.0M	$2.3M	75x
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2180	+0.085%	$823K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2180	+0.093%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0336%	1h	0.2184	+0.271%	$522K	$1.5M	50x	as long as short
Backpack ARB_USDC_PERP	+0.0620%	1h	0.2184	+0.289%	$984K	$2.9M	20x	as long as short