Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: MEXC against BloFin−0.052%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.551% of the position
Funding, last 7 days−0.401%−$40 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.052%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.037% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DEXE-USDT | 1.9370 | 0.0340 | pay 0.0170% / 4h | 1h 05m | $394K | $36K | 20x |
| Short | MEXC DEXE_USDT | 1.9360 | 0.0100 | get 0.0050% / 4h | 1h 05m | $1.8M | $234K | 20x |
BloFin DEXE-USDT
MEXC DEXE_USDTFunding 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
- −$50.4
- Price spread: −0.052% → −0.015%
- −$3.7
- Slippage, 4 orders
- −$43.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$109.25
- Costs to cover
- 0.551%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 35 min ago; MEXC: live order book, 2 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, 35 min ago | 2.57 bp | 17.7 bp −$18 | 47.2 bp −$472 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.58 bp | 8.5 bp −$9 | 29.9 bp −$299 | 162.4 bp −$16.2K | 638.9 bp −$319.4K |
DEXE on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −3.975% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9376 | +0.032% | $172K | $30K | 5x | as long as short |
| Binance DEXEUSDT | +0.0100% | 4h | 1.9360 | −0.052% | $6.9M | $8.5M | 20x | as long as short |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9370 | 0.000% | $471K | $816K | 20x | as long as short |
| MEXC DEXE_USDTshort | +0.0100% | 4h | 1.9360 | −0.052% | $1.8M | $234K | 20x | |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9360 | −0.052% | $3.2M | $502K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9370 | 0.000% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9391 | +0.110% | $35K | $388 | — | as long as short |
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9350 | −0.103% | $8K | — | 10x | as long as short |
| Bybit DEXEUSDT | +0.0254% | 4h | 1.9400 | +0.155% | $2.4M | $912K | 20x | as long as short |
Injective DEXE/USDC PERP
Aster DEXEUSDT
Binance DEXEUSDT
Gate DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXE
Orderly PERP_DEXE_USDC_mythos
Bybit DEXEUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin DEXE-USDTlong | +0.0340% | 4h | 1.9370 | long leg | $394K | $36K | 20x | |
| Kraken Futures PF_DEXEUSD | +0.0481% | 1h | 1.9358 | −0.062% | $42K | $52K | 20x | as long as short |
Kraken Futures PF_DEXEUSD