Funding you earn now, next payment 00:00 UTC−0.0602%/8h= −65.9% APRnext payment −$0.75 per $10,000 · paid last 24h −0.291%
Price spread now: BloFin against MEXC+0.512%49s7-day average −0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$296as 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−$360.359% of the position
Funding, last 7 days−2.598%−$260 on $10k
+Price spread, last 3 days (all we have)−1.239%−$124 · spread now +0.512%, 7d avg −0.162%
=The price spread pays, funding is against you. BloFin is 0.674% dearer against MEXC than usual: you sell high and buy low (spread +0.512% now, against its 7-day average of −0.162%): +$67 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−2.598% in total) that is about 44 hours. The two prices were read 49 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 ONE_USDT | 0.003967 | −0.0864 | get 0.0108% / 1h | 18m 24s | $10.0M | $16.9M | 20x |
| Short | BloFin ONE-USDT | 0.003987 | −0.1466 | pay 0.0183% / 1h | 18m 24s | $763K | $3.0M | 50x |
MEXC ONE_USDT
BloFin ONE-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
- −$126.45
- Price spread: +0.512% → −0.162%
- $67.41
- Slippage, 4 orders
- −$19.89
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$94.93
- Costs to cover
- 0.359%
- Break-even
- from the start
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 5 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, 5 min ago | 0.12 bp | 5.0 bp −$5 | 71.2 bp −$712 | 265.2 bp −$26.5K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.50 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 ONE | −0.5862% | 1h | 0.003980 | +0.325% | $98K | $54K | — | as long as short |
| Bitget ONEUSDT | −0.3088% | 1h | 0.003983 | +0.408% | $1.7M | $37.6M | 20x | as long as short |
| BloFin ONE-USDTshort | −0.1466% | 1h | 0.003987 | +0.512% | $763K | $3.0M | 50x | |
| Aster ONEUSDT | −0.1386% | 1h | 0.003977 | +0.250% | $2.1M | $8.5M | 5x | as long as short |
| Gate ONE_USDT | −0.1147% | 8h | 0.003943 | −0.610% | $1.6M | $16.7M | 20x | as long as short |
| Binance ONEUSDT | −0.0895% | 1h | 0.003965 | −0.068% | $13.3M | $364.9M | 50x | as long as short |
| MEXC ONE_USDTlong | −0.0864% | 1h | 0.003967 | long leg | $10.0M | $16.9M | 20x | |
| BingX ONE-USDT | −0.0072% | 1h | 0.003963 | −0.096% | — | $6.6M | — | as long as short |
| KuCoin ONEUSDTM | +0.3696% | 1h | 0.004126 | +4.003% | $4.3M | $13.1M | 30x | as long as short |
Variational Omni ONE
Bitget ONEUSDT
Aster ONEUSDT
Gate ONE_USDT
Binance ONEUSDT
BingX ONE-USDT
KuCoin ONEUSDTM