Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against MEXC+0.184%79s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as 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−$570.567% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.184%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.154% dearer against MEXC than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.030%. 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 ID_USDT | 0.03804 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $379K | $212K | 20x |
| Short | BloFin ID-USDT | 0.03811 | 0.0095 | get 0.0048% / 4h | 1h 45m | $155K | $15K | 50x |
MEXC ID_USDT
BloFin ID-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
- −$1.01
- Price spread: +0.184% → +0.030%
- $15.44
- Slippage, 4 orders
- −$40.72
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.28
- Costs to cover
- 0.567%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 44 min ago; BloFin: live order book, 21 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, 44 min ago | 1.33 bp | 10.5 bp −$11 | 28.0 bp −$280 | 125.8 bp −$12.6K | 226.0 bp −$113.0K |
| Sell BloFin live order book, 21 min ago | 2.61 bp | 22.2 bp −$22 | 46.7 bp −$467 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | −0.0046% | 1h | 0.03808 | +0.107% | $4K | $4K | 10x | as long as short |
| BloFin ID-USDTshort | +0.0095% | 4h | 0.03811 | +0.184% | $155K | $15K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03804 | +0.006% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03806 | +0.053% | $2.4M | $3.9M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03804 | 0.000% | $1.4M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03813 | +0.237% | $258K | $220K | 25x | as long as short |
| MEXC ID_USDTlong | +0.0100% | 4h | 0.03804 | long leg | $379K | $212K | 20x | |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03807 | +0.079% | $1.1M | $67K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03823 | +0.509% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0260% | 4h | 0.03810 | +0.158% | — | $2.3M | — | as long as short |
Kraken Futures PF_IDUSD
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IDUSDT | +0.0270% | 4h | 0.03818 | +0.368% | $991K | $742K | 50x | as long as short |
Bitget IDUSDT