Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BloFin+0.053%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$650.651% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)−0.098%−$10 · spread now +0.053%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.090% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ID-USDT | 0.03797 | 0.0065 | pay 0.0033% / 4h | 3h 05m | $161K | $13K | 50x |
| Short | MEXC ID_USDT | 0.03799 | 0.0100 | get 0.0050% / 4h | 3h 05m | $468K | $173K | 20x |
BloFin ID-USDT
MEXC ID_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
- $7.28
- Price spread: +0.053% → −0.038%
- $9.04
- Slippage, 4 orders
- −$49.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$48.81
- Costs to cover
- 0.651%
- Break-even
- 54.0 days
Slippage from BloFin: live order book, 52 min ago; MEXC: live order book, 51 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, 52 min ago | 5.30 bp | 20.4 bp −$20 | 55.0 bp −$550 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 51 min ago | 1.33 bp | 12.8 bp −$13 | 33.3 bp −$333 | 115.3 bp −$11.5K | 203.7 bp −$101.8K |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ID_USDT | −0.0274% | 4h | 0.03798 | +0.026% | $248K | $245K | 25x | as long as short |
| BloFin ID-USDTlong | +0.0065% | 4h | 0.03797 | long leg | $161K | $13K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03805 | +0.223% | $9K | $147 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03798 | +0.034% | $2.5M | $3.6M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03804 | +0.184% | $1.4M | $1.1M | 25x | as long as short |
| MEXC ID_USDTshort | +0.0100% | 4h | 0.03799 | +0.053% | $468K | $173K | 20x | |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03802 | +0.132% | $1.1M | $67K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03804 | +0.184% | $833K | $633K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03799 | +0.053% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03795 | −0.045% | $12K | $20K | — | as long as short |
Gate ID_USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
KuCoin IDUSDTM
Bitget IDUSDT
BingX ID-USDT
Variational Omni IDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0724% | 1h | 0.03800 | +0.073% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD