PTB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h −0.009%

Price spread now: MEXC against BloFin−0.181%64s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$118as 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−$1091.089% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.181%, 7d avg −0.005%

Together, before fees+0.091%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.176% cheaper against BloFin than usual: you would sell low and buy high (spread −0.181% now, against its 7-day average of −0.005%). If the spread goes back, that is −$18 on $10k: about 23 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.090%, so the current rate has only just turned in your favour. 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 PTB-USDT	0.001048	0.0074	pay 0.0037% / 4h	3h 47m	$445K	$602K	20x
Short	MEXC PTB_USDT	0.001046	0.0100	get 0.0050% / 4h	3h 47m	$340K	$807K	20x

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 −0.181%Rate

Funding earned: $5.38
Price spread: −0.181% → −0.005%: −$17.64
Slippage, 4 orders: −$88.92
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$121.18
Costs to cover: 1.089%
Break-even: 164.8 days

Slippage from BloFin: live order book, 49 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, 49 min ago	0.89 bp	18.8 bp −$19	72.5 bp −$725	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.36 bp	36.3 bp −$36	71.7 bp −$717	237.0 bp −$23.7K	doesn't fit

PTB on 10 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 PTB-USDTlong	+0.0074%	4h	0.001048	long leg	$445K	$602K	20x
Binance PTBUSDT	+0.0100%	4h	0.001045	−0.305%	$7.4M	$131.5M	20x	as long as short
Bybit PTBUSDT	+0.0100%	4h	0.001046	−0.219%	$1.5M	$21.5M	25x	as long as short
MEXC PTB_USDTshort	+0.0100%	4h	0.001046	−0.181%	$340K	$807K	20x
KuCoin PTBUSDTM	+0.0100%	4h	0.001044	−0.353%	$1.6M	$7.2M	20x	as long as short
Variational Omni PTB	+0.0100%	4h	0.001043	−0.514%	$30K	$69K	—	as long as short
BingX PTB-USDT	+0.0102%	4h	0.001045	−0.239%	—	$2.2M	—	as long as short
Extended kPTB-USD	+0.0104%	1h	0.001046	−0.235%	$4K	$42K	5x	as long as short
Gate PTB_USDT	+0.0278%	4h	0.001042	−0.573%	$1.8M	$4.7M	25x	as long as short
Aster PTBUSDT	+0.0361%	4h	0.001043	−0.503%	$78K	$872K	5x	as long as short