Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC+0.128%94s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as 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−$810.811% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.128%, 7d avg +0.022%
=The price spread pays, funding is against you. BloFin is 0.106% dearer against MEXC than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of +0.022%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.019% in total) that is about 39 days. The two prices were read 94 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 | MEXC GWEI_USDT | 0.02344 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $130K | $93K | 20x |
| Short | BloFin GWEI-USDT | 0.02347 | 0.0074 | get 0.0037% / 4h | 1h 27m | $164K | $41K | 50x |
MEXC GWEI_USDT
BloFin GWEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$5.41
- Price spread: +0.128% → +0.022%
- $10.65
- Slippage, 4 orders
- −$65.09
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$75.86
- Costs to cover
- 0.811%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 52 min ago; BloFin: live order book, 47 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 MEXC live order book, 52 min ago | 2.15 bp | 17.3 bp −$17 | 102.5 bp −$1,025 | 367.8 bp −$36.8K | doesn't fit |
| Sell BloFin live order book, 47 min ago | 2.14 bp | 31.7 bp −$32 | 129.2 bp −$1,292 | doesn't fit | doesn't fit |
GWEI on 11 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 GWEI-USDTshort | +0.0074% | 4h | 0.02347 | +0.128% | $164K | $41K | 50x | |
| Binance GWEIUSDT | +0.0100% | 4h | 0.02344 | 0.000% | $2.5M | $5.3M | 50x | as long as short |
| Gate GWEI_USDT | +0.0100% | 4h | 0.02338 | −0.239% | $396K | $582K | 10x | as long as short |
| MEXC GWEI_USDTlong | +0.0100% | 4h | 0.02344 | long leg | $130K | $93K | 20x | |
| KuCoin GWEIUSDTM | +0.0100% | 4h | 0.02342 | −0.098% | $461K | $36K | 20x | as long as short |
| Variational Omni GWEI | +0.0100% | 4h | 0.02351 | +0.281% | $5K | $1K | — | as long as short |
| Bybit GWEIUSDT | +0.0101% | 4h | 0.02342 | −0.085% | $390K | $275K | 25x | as long as short |
| Extended GWEI-USD | +0.0104% | 1h | 0.02343 | −0.037% | $5K | $212K | 5x | as long as short |
| BingX GWEI-USDT | +0.0448% | 4h | 0.02341 | −0.128% | — | $1.6M | — | as long as short |
| Bitget GWEIUSDT | +0.0470% | 4h | 0.02340 | −0.171% | $1.9M | $475K | 20x | as long as short |
Binance GWEIUSDT
Gate GWEI_USDT
KuCoin GWEIUSDTM
Variational Omni GWEI
Bybit GWEIUSDT
Extended GWEI-USD
BingX GWEI-USDT
Bitget GWEIUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GWEIUSDT | +0.0730% | 4h | 0.02342 | −0.085% | $19K | $32K | 10x | as long as short |
Aster GWEIUSDT