Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BloFin−0.312%79s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$400.397% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.311%+$31 · spread now −0.312%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.294% cheaper against BloFin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 79 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 CHZ-USDT | 0.01604 | 0.0126 | pay 0.0126% / 8h | 7h 49m | $326K | $27K | 75x |
| Short | MEXC CHZ_USDT | 0.01599 | 0.0100 | get 0.0100% / 8h | 7h 49m | $4.4M | $899K | 200x |
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
- −$5.44
- Price spread: −0.312% → −0.018%
- −$29.41
- Slippage, 4 orders
- −$27.75
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$74.6
- Costs to cover
- 0.397%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 20 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, 20 min ago | 3.13 bp | 9.1 bp −$9 | 11.5 bp −$115 | 160.9 bp −$16.1K | doesn't fit |
| Sell MEXC live order book, 7 min ago | 3.12 bp | 3.1 bp −$3 | 10.9 bp −$109 | 75.4 bp −$7,540 | 304.3 bp −$152.1K |
CHZ on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX CHZ-USD | −0.0633% | 1h | 0.01602 | −0.101% | $2K | $5 | 5x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −1.870% | $1K | $7 | 5.5x | as long as short |
| Kraken Futures PF_CHZUSD | +0.0050% | 1h | 0.01600 | −0.251% | $77K | $53K | 25x | as long as short |
| Aster CHZUSDT | +0.0100% | 8h | 0.01601 | −0.171% | $21K | $6K | 10x | as long as short |
| Binance CHZUSDT | +0.0100% | 8h | 0.01600 | −0.249% | $6.9M | $12.0M | 75x | as long as short |
| Bybit CHZUSDT | +0.0100% | 8h | 0.01599 | −0.312% | $4.1M | $1.4M | 75x | as long as short |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01599 | −0.312% | $1.6M | $3.2M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01600 | −0.249% | $326K | $321K | 50x | as long as short |
| MEXC CHZ_USDTshort | +0.0100% | 8h | 0.01599 | −0.312% | $4.4M | $899K | 200x | |
| KuCoin CHZUSDTM | +0.0100% | 8h | 0.01600 | −0.249% | $685K | $141K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CHZUSDT | +0.0100% | 8h | 0.01599 | −0.312% | $3.8M | $790K | 75x | as long as short |
| BingX CHZ-USDT | +0.0100% | 8h | 0.01600 | −0.249% | — | $2.4M | — | as long as short |
| Variational Omni CHZ | +0.0100% | 8h | 0.01601 | −0.171% | $4K | $4K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01606 | +0.125% | $45K | $669K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01600 | −0.249% | $295 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01599 | −0.312% | $53K | $84K | 20x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01600 | −0.271% | $2K | $285K | 10x | as long as short |
| BloFin CHZ-USDTlong | +0.0126% | 8h | 0.01604 | long leg | $326K | $27K | 75x | |
| GMX CHZ/USD [ETH-USDC] | L +0.0410% / S −0.0109% | 1h | 0.01601 | −0.162% | $8K | — | 50x | as long as short |
BloFin CHZ-USDT
MEXC CHZ_USDT
Injective CHZ/USDC PERP
Kraken Futures PF_CHZUSD
Aster CHZUSDT
Binance CHZUSDT
Bybit CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
KuCoin CHZUSDTM
Bitget CHZUSDT
BingX CHZ-USDT
Variational Omni CHZ
ApeX Omni CHZUSDT
SoDEX CHZ-USD
HTX CHZ-USDT
Extended CHZ-USD
GMX CHZ/USD [ETH-USDC]