Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.28 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against MEXC+0.239%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$450.451% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.239%−$24 · spread now +0.239%, 7d avg +0.006%
=The price spread pays, funding is against you. BloFin is 0.234% dearer against MEXC than usual: you sell high and buy low (spread +0.239% now, against its 7-day average of +0.006%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 28 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SUSHI_USDT | 0.2507 | 0.0100 | pay 0.0100% / 8h | 2h 46m | $1.2M | $267K | 75x |
| Short | BloFin SUSHI-USDT | 0.2513 | 0.0072 | get 0.0072% / 8h | 2h 46m | $210K | $44K | 75x |
MEXC SUSHI_USDT
BloFin SUSHI-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
- −$5.83
- Price spread: +0.239% → +0.006%
- $23.37
- Slippage, 4 orders
- −$29.06
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$27.52
- Costs to cover
- 0.451%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 25 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, 4 min ago | 1.99 bp | 4.0 bp −$4 | 15.4 bp −$154 | 133.0 bp −$13.3K | 224.6 bp −$112.3K |
| Sell BloFin live order book, 25 min ago | 5.94 bp | 21.6 bp −$22 | 33.4 bp −$334 | 129.0 bp −$12.9K | doesn't fit |
SUSHI on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SUSHIUSDT | −0.0058% | 8h | 0.2510 | +0.120% | $998K | $717K | 50x | as long as short |
| Variational Omni SUSHI | +0.0005% | 8h | 0.2515 | +0.321% | $40K | $7K | — | as long as short |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +1.516% | $16 | $18K | 5.5x | as long as short |
| BloFin SUSHI-USDTshort | +0.0072% | 8h | 0.2513 | +0.239% | $210K | $44K | 75x | |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2508 | +0.052% | $338K | $346K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2510 | +0.100% | $22K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2507 | 0.000% | $3.9M | $9.1M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2506 | −0.040% | $2.5M | $2.6M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2509 | +0.080% | $1.6M | $3.4M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2511 | +0.160% | $569K | $245K | 50x | as long as short |
Bitget SUSHIUSDT
Variational Omni SUSHI
Injective SUSHI/USDC PERP
Hyperliquid SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SUSHI_USDTlong | +0.0100% | 8h | 0.2507 | long leg | $1.2M | $267K | 75x | |
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2507 | 0.000% | $1.1M | $237K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2511 | +0.160% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2513 | +0.239% | $84K | $75K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0364% | 1h | 0.2511 | +0.175% | $755K | $62K | 20x | as long as short |
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
Kraken Futures PF_SUSHIUSD