Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC+0.027%109s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as 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−$450.451% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.011%+$1 · spread now +0.027%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 109 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 ME_USDT | 0.07436 | 0.0100 | pay 0.0050% / 4h | 45m 15s | $505K | $129K | 20x |
| Short | BloFin ME-USDT | 0.07438 | 0.0054 | get 0.0027% / 4h | 45m 15s | $108K | $7K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.7
- Price spread: +0.027% → +0.011%
- $1.57
- Slippage, 4 orders
- −$29.07
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.19
- Costs to cover
- 0.451%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 24 min ago; BloFin: live order book, 15 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, 24 min ago | 0.68 bp | 5.8 bp −$6 | 45.2 bp −$452 | 132.2 bp −$13.2K | doesn't fit |
| Sell BloFin live order book, 15 min ago | 2.04 bp | 19.0 bp −$19 | 58.6 bp −$586 | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDTshort | +0.0054% | 4h | 0.07438 | +0.027% | $108K | $7K | 50x | |
| Hyperliquid ME | +0.0100% | 1h | 0.07434 | −0.027% | $234K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07437 | +0.019% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07437 | +0.013% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07432 | −0.054% | $1.5M | $647K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07435 | −0.013% | $478K | $1.0M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07440 | +0.054% | $190K | $74K | 50x | as long as short |
| MEXC ME_USDTlong | +0.0100% | 4h | 0.07436 | long leg | $505K | $129K | 20x | |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07448 | +0.161% | $208K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07440 | +0.054% | $647K | $416K | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07437 | +0.013% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07437 | +0.008% | $11K | $790 | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07437 | +0.007% | $26K | — | 15x | as long as short |
MEXC ME_USDT
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDT
Variational Omni ME