NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against BloFin+0.059%94s7-day average −0.005% · 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—prices read too far apart to compare

costs, in and out, $10k−$660.660% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.544%−$54 · spread now +0.059%, 7d avg −0.005%

Together, before fees−0.543%−$54 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.064% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.005%. The two prices were read 94 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 NOT-USDT	0.0005079	0.0060	pay 0.0030% / 4h	1h 29m	$111K	$17K	50x
Short	MEXC NOT_USDT	0.0005082	0.0100	get 0.0050% / 4h	1h 29m	$1.3M	$440K	200x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now +0.059%Rate

Funding earned: $8.37
Price spread: +0.059% → −0.005%: $6.4
Slippage, 4 orders: −$50
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$51.23
Costs to cover: 0.660%
Break-even: 49.8 days

Slippage from BloFin: live order book, 6 min ago; MEXC: live order book, 2 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, 6 min ago	6.89 bp	19.0 bp −$19	73.5 bp −$735	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.93 bp	11.3 bp −$11	43.1 bp −$431	91.4 bp −$9,143	113.9 bp −$56.9K

NOT on 16 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
Variational Omni NOT	−0.0322%	4h	0.0005075	−0.080%	$72K	$39K	—	as long as short
KuCoin NOTUSDTM	−0.0216%	4h	0.0005073	−0.118%	$467K	$130K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−4.036%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDTlong	+0.0060%	4h	0.0005079	long leg	$111K	$17K	50x
Lighter 1000NOT	+0.0096%	1h	0.0005091	+0.230%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005080	+0.020%	$370K	$51K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005087	+0.167%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005080	+0.014%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005078	−0.020%	$2.1M	$858K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005079	0.000%	$634K	$654K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005077	−0.039%	$143K	$68K	50x	as long as short
MEXC NOT_USDTshort	+0.0100%	4h	0.0005082	+0.059%	$1.3M	$440K	200x
Bitget NOTUSDT	+0.0100%	4h	0.0005083	+0.079%	$674K	$411K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005081	+0.039%	—	$8.8M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005078	−0.014%	$4K	$491	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1945%	1h	0.0005086	+0.132%	$50K	$9K	10x	as long as short