Settings8H · net · $10k
Funding arb · Price arb /

BASED

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$580.578% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.024%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BASED-USDT0.068890.0099pay 0.0049% / 4h2h 14m$259K$50K25x
ShortMEXC BASED_USDT0.068870.0100get 0.0050% / 4h2h 14m$4.9M$534K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 67 min ago2.19 bp17.3 bp −$1767.1 bp −$671doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.45 bp11.1 bp −$1139.6 bp −$396186.5 bp −$18.7K777.9 bp −$388.9K

BASED on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BASED-USDTlong+0.0099%4h0.06889long leg$259K$50K25x
Binance BASEDUSDT+0.0100%4h0.06887−0.029%$4.3M$3.2M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06876−0.189%$2.1M$700K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06883−0.087%$2.7M$3.9M20xas long as short
Gate BASED_USDT+0.0100%4h0.06879−0.145%$541K$602K50xas long as short
MEXC BASED_USDTshort+0.0100%4h0.06887−0.029%$4.9M$534K50x
Bitget BASEDUSDT+0.0100%4h0.06883−0.087%$1.3M$383K25xas long as short
BingX BASED-USDT+0.0100%4h0.06884−0.073%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06869−0.292%$94K$10Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06831−0.841%$93K$374K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDT+0.0100%4h0.06879−0.145%$2K$925K20xas long as short
Extended BASED-USD+0.0104%1h0.06885−0.055%$2K$231K5xas long as short
KuCoin BASEDUSDTM+0.0126%4h0.06859−0.435%$585K$73K20xas long as short
Aster BASEDUSDT+0.0147%4h0.06883−0.088%$29K$6K5xas long as short
Orderly PERP_BASED_USDC+0.0317%4h0.06885−0.058%$3K$66410xas long as short