Funding you earn now, next payment 08:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC−0.168%49s7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$600.597% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.629%+$63 · spread now −0.168%, 7d avg −0.049%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.119% cheaper against MEXC than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.049%). Swap the legs. 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 UAI_USDT | 0.3578 | 0.0100 | pay 0.0050% / 4h | 58m 18s | $2.5M | $9.6M | 50x |
| Short | BloFin UAI-USDT | 0.3572 | 0.0053 | get 0.0027% / 4h | 58m 18s | $774K | $1.4M | 50x |
MEXC UAI_USDT
BloFin UAI-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
- −$9.77
- Price spread: −0.168% → −0.049%
- −$11.86
- Slippage, 4 orders
- −$47.68
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$81.31
- Costs to cover
- 0.597%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 4 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 | 1.40 bp | 11.6 bp −$12 | 46.3 bp −$463 | 333.5 bp −$33.3K | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.40 bp | 20.4 bp −$20 | 55.2 bp −$552 | doesn't fit | doesn't fit |
UAI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin UAIUSDTM | −0.0238% | 4h | 0.3572 | −0.162% | $1.6M | $3.1M | 50x | as long as short |
| BloFin UAI-USDTshort | +0.0053% | 4h | 0.3572 | −0.168% | $774K | $1.4M | 50x | |
| Aster UAIUSDT | +0.0100% | 4h | 0.3580 | +0.056% | $2.2M | $1.0M | 5x | as long as short |
| Binance UAIUSDT | +0.0100% | 4h | 0.3577 | −0.038% | $12.0M | $136.3M | 50x | as long as short |
| Bybit UAIUSDT | +0.0100% | 4h | 0.3571 | −0.198% | $3.3M | $31.2M | 20x | as long as short |
| Gate UAI_USDT | +0.0100% | 8h | 0.3578 | +0.008% | $2.2M | $11.0M | 50x | as long as short |
| MEXC UAI_USDTlong | +0.0100% | 4h | 0.3578 | long leg | $2.5M | $9.6M | 50x | |
| Bitget UAIUSDT | +0.0100% | 4h | 0.3579 | +0.014% | $3.8M | $10.9M | 25x | as long as short |
| BingX UAI-USDT | +0.0100% | 4h | 0.3574 | −0.112% | — | $11.3M | — | as long as short |
| Variational Omni UAI | +0.0100% | 4h | 0.3562 | −0.451% | $17K | $96K | — | as long as short |
KuCoin UAIUSDTM
Aster UAIUSDT
Binance UAIUSDT
Bybit UAIUSDT
Gate UAI_USDT
Bitget UAIUSDT
BingX UAI-USDT
Variational Omni UAIShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX UAIUSDC | +0.0119% | 4h | 0.3564 | −0.381% | $13K | $347K | 10x | as long as short |
edgeX UAIUSDC