Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against MEXC+0.030%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1321.316% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.030%, 7d avg −0.029%
=The price spread pays, funding is against you. BloFin is 0.059% dearer against MEXC than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of −0.029%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.018% in total) that is about 23 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC M_USDT | 1.3473 | 0.0668 | pay 0.0334% / 4h | 16m 35s | $232K | $109K | 50x |
| Short | BloFin M-USDT | 1.3477 | 0.0620 | get 0.0310% / 4h | 16m 35s | $345K | $442K | 10x |
MEXC M_USDT
BloFin M-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
- −$10.11
- Price spread: +0.030% → −0.029%
- $5.9
- Slippage, 4 orders
- −$115.6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$135.81
- Costs to cover
- 1.316%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 64 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, 3 min ago | 0.74 bp | 33.8 bp −$34 | 51.3 bp −$513 | 135.0 bp −$13.5K | 562.4 bp −$281.2K |
| Sell BloFin live order book, 64 min ago | 0.73 bp | 43.3 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 M_USDT | +0.0100% | 8h | 1.3454 | −0.141% | $1.8M | $912K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3468 | −0.037% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.3484 | +0.082% | $2K | $879K | 20x | as long as short |
| Bybit MUSDT | +0.0103% | 4h | 1.3470 | −0.022% | $4.2M | $1.7M | 20x | as long as short |
| Aster MUSDT | +0.0373% | 4h | 1.3470 | −0.026% | $12K | $83K | 5x | as long as short |
| BloFin M-USDTshort | +0.0620% | 4h | 1.3477 | +0.030% | $345K | $442K | 10x | |
| Binance MUSDT | +0.0667% | 4h | 1.3470 | −0.024% | $5.3M | $3.9M | 10x | as long as short |
| MEXC M_USDTlong | +0.0668% | 4h | 1.3473 | long leg | $232K | $109K | 50x | |
| Variational Omni M | +0.1025% | 4h | 1.3550 | +0.569% | $91K | $49K | — | as long as short |
| BingX M-USDT | +0.1200% | 4h | 1.3477 | +0.030% | — | $2.4M | — | as long as short |
Gate M_USDT
Orderly PERP_M_USDC
SunX M-USDT
Bybit MUSDT
Aster MUSDT
Binance MUSDT
Variational Omni M
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUSDT | +0.1256% | 4h | 1.3474 | +0.007% | $1.7M | $252K | 10x | as long as short |
| KuCoin MUSDTM | +0.2282% | 4h | 1.3356 | −0.868% | $1.3M | $3.7M | 10x | as long as short |
Bitget MUSDT
KuCoin MUSDTM