Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against BloFin+0.200%49s7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as 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−$500.495% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 3 days (all we have)−0.641%−$64 · spread now +0.200%, 7d avg −0.037%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.236% dearer against BloFin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.037%. 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 | BloFin BLUR-USDT | 0.02005 | 0.0078 | pay 0.0039% / 4h | 3h 32m | $350K | $3K | 50x |
| Short | MEXC BLUR_USDT | 0.02009 | 0.0100 | get 0.0050% / 4h | 3h 32m | $1.1M | $118K | 20x |
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
- $4.67
- Price spread: +0.200% → −0.037%
- $23.61
- Slippage, 4 orders
- −$33.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$21.25
- Costs to cover
- 0.495%
- Break-even
- 38.9 days
Slippage from BloFin: live order book, 13 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, 13 min ago | 2.50 bp | 14.6 bp −$15 | 41.6 bp −$416 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.49 bp | 4.5 bp −$4 | 33.0 bp −$330 | 127.5 bp −$12.7K | 176.7 bp −$88.4K |
BLUR 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BLURUSD | −0.0467% | 1h | 0.02007 | +0.101% | $12K | $8K | 10x | as long as short |
| Injective BLUR/USDC PERP | +0.0033% | 1h | 0.01880 | −6.234% | $1K | $18K | 5.5x | as long as short |
| BloFin BLUR-USDTlong | +0.0078% | 4h | 0.02005 | long leg | $350K | $3K | 50x | |
| Hyperliquid BLUR | +0.0100% | 1h | 0.02009 | +0.195% | $1.4M | $192K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.02011 | +0.284% | $4K | $2K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.02010 | +0.249% | $1.9M | $3.1M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.02010 | +0.249% | $1.3M | $974K | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.02008 | +0.150% | $962K | $1.6M | 20x | as long as short |
| Gate BLUR_USDT | +0.0100% | 4h | 0.02012 | +0.349% | $797K | $247K | 50x | as long as short |
| MEXC BLUR_USDTshort | +0.0100% | 4h | 0.02009 | +0.200% | $1.1M | $118K | 20x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.02012 | +0.349% | $590K | $96K | 30x | as long as short |
| Bitget BLURUSDT | +0.0100% | 4h | 0.02010 | +0.249% | $829K | $405K | 50x | as long as short |
| BingX BLUR-USDT | +0.0100% | 4h | 0.02009 | +0.200% | — | $13.2M | — | as long as short |
| Variational Omni BLUR | +0.0100% | 8h | 0.02005 | −0.008% | $1K | $2 | — | as long as short |
| dYdX BLUR-USD | +0.1787% | 1h | 0.02009 | +0.192% | $26K | — | 5x | as long as short |
BloFin BLUR-USDT
MEXC BLUR_USDT
Kraken Futures PF_BLURUSD
Injective BLUR/USDC PERP
Hyperliquid BLUR
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
Gate BLUR_USDT
KuCoin BLURUSDTM
Bitget BLURUSDT
BingX BLUR-USDT
Variational Omni BLUR