Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BloFin−0.029%64s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$580.578% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.029%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BASED-USDT | 0.06889 | 0.0099 | pay 0.0049% / 4h | 2h 14m | $259K | $50K | 25x |
| Short | MEXC BASED_USDT | 0.06887 | 0.0100 | get 0.0050% / 4h | 2h 14m | $4.9M | $534K | 50x |
Funding 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
- $0.21
- Price spread: −0.029% → −0.013%
- −$1.62
- Slippage, 4 orders
- −$41.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$59.16
- Costs to cover
- 0.578%
- Break-even
- 1942.3 days
Slippage from BloFin: live order book, 67 min ago; MEXC: live order book, 3 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, 67 min ago | 2.19 bp | 17.3 bp −$17 | 67.1 bp −$671 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.45 bp | 11.1 bp −$11 | 39.6 bp −$396 | 186.5 bp −$18.7K | 777.9 bp −$388.9K |
BASED on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BASED-USDTlong | +0.0099% | 4h | 0.06889 | long leg | $259K | $50K | 25x | |
| Binance BASEDUSDT | +0.0100% | 4h | 0.06887 | −0.029% | $4.3M | $3.2M | 25x | as long as short |
| Bybit BASEDUSDT | +0.0100% | 4h | 0.06876 | −0.189% | $2.1M | $700K | 25x | as long as short |
| OKX BASED-USDT-SWAP | +0.0100% | 4h | 0.06883 | −0.087% | $2.7M | $3.9M | 20x | as long as short |
| Gate BASED_USDT | +0.0100% | 4h | 0.06879 | −0.145% | $541K | $602K | 50x | as long as short |
| MEXC BASED_USDTshort | +0.0100% | 4h | 0.06887 | −0.029% | $4.9M | $534K | 50x | |
| Bitget BASEDUSDT | +0.0100% | 4h | 0.06883 | −0.087% | $1.3M | $383K | 25x | as long as short |
| BingX BASED-USDT | +0.0100% | 4h | 0.06884 | −0.073% | — | $1.7M | — | as long as short |
| Variational Omni BASED | +0.0100% | 4h | 0.06869 | −0.292% | $94K | $10K | — | as long as short |
| GRVT BASED_USDT_Perp | +0.0100% | 4h | 0.06831 | −0.841% | $93K | $374K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BASED-USDT | +0.0100% | 4h | 0.06879 | −0.145% | $2K | $925K | 20x | as long as short |
| Extended BASED-USD | +0.0104% | 1h | 0.06885 | −0.055% | $2K | $231K | 5x | as long as short |
| KuCoin BASEDUSDTM | +0.0126% | 4h | 0.06859 | −0.435% | $585K | $73K | 20x | as long as short |
| Aster BASEDUSDT | +0.0147% | 4h | 0.06883 | −0.088% | $29K | $6K | 5x | as long as short |
| Orderly PERP_BASED_USDC | +0.0317% | 4h | 0.06885 | −0.058% | $3K | $664 | 10x | as long as short |
BloFin BASED-USDT
MEXC BASED_USDT
Binance BASEDUSDT
Bybit BASEDUSDT
OKX BASED-USDT-SWAP
Gate BASED_USDT
Bitget BASEDUSDT
BingX BASED-USDT
Variational Omni BASED
GRVT BASED_USDT_Perp
SunX BASED-USDT
Extended BASED-USD
KuCoin BASEDUSDTM
Aster BASEDUSDT