Funding you earn now, next payment 12:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against BloFin−0.013%64s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as 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−$480.482% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.598%−$60 · spread now −0.013%, 7d avg +0.010%
=Funding pays, the price is against you. MEXC is 0.023% cheaper against BloFin than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.010%). If the spread goes back, that is −$2 on $10k: about 33 hours of funding at the current rate (+$2 a day). The two prices were read 64 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 LA-USDT | 0.07539 | 0.0045 | pay 0.0023% / 4h | 3h 42m | $253K | $20K | 25x |
| Short | MEXC LA_USDT | 0.07538 | 0.0100 | get 0.0050% / 4h | 3h 42m | $387K | $132K | 50x |
BloFin LA-USDT
MEXC LA_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
- $11.55
- Price spread: −0.013% → +0.010%
- −$2.29
- Slippage, 4 orders
- −$32.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$38.92
- Costs to cover
- 0.482%
- Break-even
- 30.6 days
Slippage from BloFin: live order book, 24 min ago; MEXC: live order book, 38 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, 24 min ago | 2.66 bp | 17.1 bp −$17 | 41.5 bp −$415 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 38 min ago | 1.33 bp | 9.1 bp −$9 | 68.6 bp −$686 | 364.8 bp −$36.5K | doesn't fit |
LA 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 LA_USDT | −0.0072% | 4h | 0.07535 | −0.053% | $226K | $787K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0038% | 4h | 0.07534 | −0.066% | $1.0M | $73K | 30x | as long as short |
| Bitget LAUSDT | −0.0030% | 4h | 0.07531 | −0.106% | $2.1M | $403K | 25x | as long as short |
| BingX LA-USDT | −0.0028% | 4h | 0.07538 | −0.013% | — | $6.6M | — | as long as short |
| BloFin LA-USDTlong | +0.0045% | 4h | 0.07539 | long leg | $253K | $20K | 25x | |
| Aster LAUSDT | +0.0074% | 4h | 0.07538 | −0.008% | $52K | $24K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07538 | −0.018% | $4.9M | $8.5M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07541 | +0.027% | $2.4M | $2.2M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0100% | 4h | 0.07533 | −0.080% | $1.4M | $2.5M | 20x | as long as short |
| MEXC LA_USDTshort | +0.0100% | 4h | 0.07538 | −0.013% | $387K | $132K | 50x |
Gate LA_USDT
KuCoin LAUSDTM
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
Binance LAUSDT
Bybit LAUSDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07535 | −0.052% | $142K | $426K | 10x | as long as short |
GRVT LA_USDT_Perp