RED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0293%/8h= +32.1% APRnext payment +$1.47 per $10,000 · paid last 24h +0.097%

Price spread now: MEXC against BloFin+0.225%49s7-day average −0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as 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−$1051.047% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.705%+$70 on $10k

Price spread, last 3 days (all we have)−0.429%−$43 · spread now +0.225%, 7d avg −0.091%

Together, before fees+0.275%+$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.316% dearer against BloFin than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.091%. 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	BloFin RED-USDT	0.1511	0.0093	pay 0.0046% / 4h	1h 04m	$225K	$5K	25x
Short	MEXC RED_USDT	0.1514	0.0386	get 0.0193% / 4h	1h 04m	$554K	$173K	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 +0.225%Rate

Funding earned: $61.61
Price spread: +0.225% → −0.091%: $31.65
Slippage, 4 orders: −$88.73
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$11.48
Costs to cover: 1.047%
Break-even: 8.3 days

Slippage from BloFin: live order book, 6 min ago; MEXC: 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 BloFin live order book, 6 min ago	6.63 bp	40.5 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	3.31 bp	9.4 bp −$9	44.4 bp −$444	203.8 bp −$20.4K	488.9 bp −$244.4K

RED 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 RED-USDTlong	+0.0093%	4h	0.1511	long leg	$225K	$5K	25x
Aster REDUSDT	+0.0100%	4h	0.1514	+0.225%	$24K	$36K	5x	as long as short
Binance REDUSDT	+0.0100%	4h	0.1514	+0.251%	$2.4M	$3.8M	50x	as long as short
Bybit REDUSDT	+0.0100%	4h	0.1513	+0.159%	$2.2M	$1.7M	25x	as long as short
Gate RED_USDT	+0.0100%	4h	0.1510	−0.040%	$349K	$151K	25x	as long as short
Bitget REDUSDT	+0.0100%	4h	0.1513	+0.159%	$724K	$295K	20x	as long as short
Variational Omni RED	+0.0100%	4h	0.1511	+0.046%	$25K	$3K	—	as long as short
SunX RED-USDT	+0.0100%	4h	0.1548	+2.476%	$2K	$663K	20x	as long as short
Extended RED-USD	+0.0104%	1h	0.1513	+0.189%	$30	—	5x	as long as short
MEXC RED_USDTshort	+0.0386%	4h	0.1514	+0.225%	$554K	$173K	20x