Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against MEXC+0.098%49s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as 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−$610.614% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)−1.306%−$131 · spread now +0.098%, 7d avg −0.016%
=The price spread pays, funding is against you. BloFin is 0.114% dearer against MEXC than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of −0.016%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.001% in total) that is about years. 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 B_USDT | 0.2034 | 0.0746 | pay 0.0373% / 4h | 18m 22s | $979K | $351K | 100x |
| Short | BloFin B-USDT | 0.2036 | 0.0710 | get 0.0355% / 4h | 18m 22s | $600K | $39K | 20x |
MEXC B_USDT
BloFin B-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.56
- Price spread: +0.098% → −0.016%
- $11.44
- Slippage, 4 orders
- −$45.41
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$57.53
- Costs to cover
- 0.614%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 56 min ago; BloFin: live order book, 58 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, 56 min ago | 2.47 bp | 9.2 bp −$9 | 78.1 bp −$781 | 230.2 bp −$23.0K | doesn't fit |
| Sell BloFin live order book, 58 min ago | 7.42 bp | 13.6 bp −$14 | 59.6 bp −$596 | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2034 | 0.000% | $3.5M | $600K | 20x | as long as short |
| KuCoin BUSDTM | +0.0392% | 4h | 0.2034 | +0.015% | $1.9M | $72K | 10x | as long as short |
| Bybit BUSDT | +0.0599% | 4h | 0.2034 | −0.015% | $1.7M | $977K | 13x | as long as short |
| BloFin B-USDTshort | +0.0710% | 4h | 0.2036 | +0.098% | $600K | $39K | 20x | |
| Binance BUSDT | +0.0744% | 4h | 0.2034 | 0.000% | $11.7M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0744% | 1h | 0.2034 | +0.021% | $15K | $117K | 5x | as long as short |
| MEXC B_USDTlong | +0.0746% | 4h | 0.2034 | long leg | $979K | $351K | 100x | |
| edgeX BUSDC | +0.0784% | 4h | 0.2034 | −0.006% | $3K | $391K | 5x | as long as short |
| BingX B-USDT | +0.1132% | 4h | 0.2035 | +0.049% | — | $1.2M | — | as long as short |
| Bitget BUSDT | +0.1206% | 4h | 0.2035 | +0.049% | $2.8M | $239K | 10x | as long as short |
Gate B_USDT
KuCoin BUSDTM
Bybit BUSDT
Binance BUSDT
Extended B-USD
edgeX BUSDC
BingX B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1421% | 4h | 0.2037 | +0.138% | $1.9M | $211K | 5x | as long as short |
Aster BUSDT