H

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.005%

Price spread now: MEXC against BloFin−0.029%94s7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$90as 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−$890.894% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 4 days (all we have)−0.188%−$19 · spread now −0.029%, 7d avg −0.017%

Together, before fees−0.193%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. 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	BloFin H-USDT	0.06896	0.0128	pay 0.0064% / 4h	35m 44s	$592K	$112K	25x
Short	MEXC H_USDT	0.06894	0.0100	get 0.0050% / 4h	35m 44s	$6.2M	$1.2M	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$5.87
Price spread: −0.029% → −0.017%: −$1.23
Slippage, 4 orders: −$73.43
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$96.52
Costs to cover: 0.894%
Break-even: never at this rate

Slippage from BloFin: live order book, 46 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, 46 min ago	3.62 bp	21.5 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.90 bp	16.1 bp −$16	60.4 bp −$604	124.5 bp −$12.4K	562.7 bp −$281.4K

H on 14 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 H/USDC PERP	+0.0033%	1h	0.06250	−9.368%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.06891	−0.077%	$111K	$60K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06893	−0.042%	$14.7M	$11.0M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06884	−0.175%	$7.5M	$5.0M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06899	+0.044%	$1.8M	$6.5M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06886	−0.145%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDTshort	+0.0100%	4h	0.06894	−0.029%	$6.2M	$1.2M	20x
KuCoin HUSDTM	+0.0100%	4h	0.06892	−0.058%	$1.6M	$10.2M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06896	0.000%	$1.7M	$440K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06888	−0.116%	—	$2.8M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06879	−0.244%	$9K	$6K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06902	+0.086%	$1.1M	$475K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06892	−0.057%	$11K	$200K	5x	as long as short
BloFin H-USDTlong	+0.0128%	4h	0.06896	long leg	$592K	$112K	25x