Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BloFin+0.325%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$840.842% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.421%−$42 · spread now +0.325%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.365% dearer against BloFin than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AXL-USDT | 0.05227 | 0.0084 | pay 0.0042% / 4h | 3h 48m | $122K | $11K | 50x |
| Short | MEXC AXL_USDT | 0.05244 | 0.0100 | get 0.0050% / 4h | 3h 48m | $341K | $159K | 50x |
BloFin AXL-USDT
MEXC AXL_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
- $3.42
- Price spread: +0.325% → −0.040%
- $36.53
- Slippage, 4 orders
- −$68.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$44.21
- Costs to cover
- 0.842%
- Break-even
- 97.6 days
Slippage from BloFin: live order book, 7 min ago; MEXC: live order book, 7 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, 7 min ago | 4.76 bp | 29.9 bp −$30 | 74.8 bp −$748 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 1.90 bp | 13.5 bp −$13 | 68.2 bp −$682 | 128.6 bp −$12.9K | doesn't fit |
AXL on 9 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 AXLUSDT | +0.0037% | 4h | 0.05248 | +0.402% | $1.5M | $1.9M | 25x | as long as short |
| BingX AXL-USDT | +0.0070% | 4h | 0.05243 | +0.306% | — | $2.3M | — | as long as short |
| BloFin AXL-USDTlong | +0.0084% | 4h | 0.05227 | long leg | $122K | $11K | 50x | |
| Aster AXLUSDT | +0.0100% | 4h | 0.05254 | +0.521% | $34K | $6K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05243 | +0.305% | $1.9M | $4.1M | 50x | as long as short |
| MEXC AXL_USDTshort | +0.0100% | 4h | 0.05244 | +0.325% | $341K | $159K | 50x | |
| KuCoin AXLUSDTM | +0.0100% | 4h | 0.05241 | +0.268% | $439K | $94K | 30x | as long as short |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05244 | +0.325% | $575K | $303K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05244 | +0.329% | $6K | $23K | — | as long as short |
Bybit AXLUSDT
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
KuCoin AXLUSDTM
Bitget AXLUSDT
Variational Omni AXL