H

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against MEXC−0.058%79s7-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−$900.903% of the position

Long on MEXC Short on BloFin

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)+0.401%+$40 · spread now −0.058%, 7d avg +0.017%

Together, before fees+0.406%+$41 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.075% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.017%). 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	MEXC H_USDT	0.06919	0.0100	pay 0.0050% / 4h	2h 01m	$6.2M	$1.2M	20x
Short	BloFin H-USDT	0.06915	0.0072	get 0.0036% / 4h	2h 01m	$593K	$113K	25x

Funding 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 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$5.82
Price spread: −0.058% → +0.017%: −$7.46
Slippage, 4 orders: −$74.33
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$103.61
Costs to cover: 0.903%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 24 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, 1 min ago	0.72 bp	13.2 bp −$13	58.6 bp −$586	125.4 bp −$12.5K	doesn't fit
Sell BloFin live order book, 24 min ago	7.97 bp	32.2 bp −$32	doesn't fit	doesn't fit	doesn't fit

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	−9.669%	$1K	$1	5.5x	as long as short
BloFin H-USDTshort	+0.0072%	4h	0.06915	−0.058%	$593K	$113K	25x
Aster HUSDT	+0.0100%	4h	0.06919	+0.007%	$113K	$55K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06920	+0.014%	$14.8M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06907	−0.173%	$7.6M	$5.0M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06925	+0.087%	$1.8M	$6.5M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06908	−0.159%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDTlong	+0.0100%	4h	0.06919	long leg	$6.2M	$1.2M	20x
KuCoin HUSDTM	+0.0100%	4h	0.06910	−0.130%	$1.6M	$10.1M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06910	−0.130%	$1.7M	$449K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06912	−0.101%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06875	−0.632%	$9K	$7K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06879	−0.578%	$1.1M	$451K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06918	−0.014%	$14K	$98K	5x	as long as short