Funding you earn now, next payment 12:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BloFin−0.018%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$870.871% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.018%, 7d avg −0.050%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.032% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ATH-USDT | 0.005498 | 0.0049 | pay 0.0024% / 4h | 1h 06m | $161K | $70K | 75x |
| Short | MEXC ATH_USDT | 0.005497 | 0.0100 | get 0.0050% / 4h | 1h 06m | $8.9M | $544K | 50x |
BloFin ATH-USDT
MEXC ATH_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
- $10.71
- Price spread: −0.018% → −0.050%
- $3.21
- Slippage, 4 orders
- −$67.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$73.16
- Costs to cover
- 0.871%
- Break-even
- 54.8 days
Slippage from BloFin: live order book, 30 min ago; MEXC: live order book, 4 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, 30 min ago | 2.74 bp | 23.6 bp −$24 | 70.5 bp −$705 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.82 bp | 18.1 bp −$18 | 77.0 bp −$770 | 188.4 bp −$18.8K | doesn't fit |
ATH on 13 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.2529% | 1h | 0.005496 | −0.041% | $16K | $61K | 10x | as long as short |
| Variational Omni ATH | −0.0305% | 4h | 0.005490 | −0.143% | $184K | $71K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005501 | +0.047% | $11K | $59 | 5x | as long as short |
| BloFin ATH-USDTlong | +0.0049% | 4h | 0.005498 | long leg | $161K | $70K | 75x | |
| Aster ATHUSDT | +0.0100% | 4h | 0.005498 | −0.003% | $5K | $40K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005497 | −0.022% | $3.2M | $3.8M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005485 | −0.236% | $4.3M | $2.4M | 25x | as long as short |
| OKX ATH-USDT-SWAP | +0.0100% | 4h | 0.005489 | −0.164% | $702K | $1.3M | 20x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005489 | −0.164% | $781K | $585K | 30x | as long as short |
| MEXC ATH_USDTshort | +0.0100% | 4h | 0.005497 | −0.018% | $8.9M | $544K | 50x |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
OKX ATH-USDT-SWAP
Gate ATH_USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005493 | −0.091% | $544K | $77K | 30x | as long as short |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005499 | +0.018% | $1.5M | $891K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005493 | −0.091% | — | $23.1M | — | as long as short |
KuCoin ATHUSDTM
Bitget ATHUSDT
BingX ATH-USDT