Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against BloFin−0.055%49s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as 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−$1481.480% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.055%, 7d avg −0.024%
=Funding pays, the price is against you. MEXC is 0.031% cheaper against BloFin than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.024%). If the spread goes back, that is −$3 on $10k: about 2.4 days of funding at the current rate (+$1 a day). 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 US-USDT | 0.01636 | 0.0273 | pay 0.0136% / 4h | 1h 04m | $481K | $48K | 10x |
| Short | MEXC US_USDT | 0.01635 | 0.0316 | get 0.0158% / 4h | 1h 04m | $5.5M | $114K | 100x |
BloFin US-USDT
MEXC US_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.04
- Price spread: −0.055% → −0.024%
- −$3.14
- Slippage, 4 orders
- −$131.98
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$142.08
- Costs to cover
- 1.480%
- Break-even
- 117.1 days
Slippage from BloFin: live order book, 37 min ago; MEXC: live order book, 3 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, 37 min ago | 2.44 bp | 43.7 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.53 bp | 31.0 bp −$31 | 64.8 bp −$648 | 322.7 bp −$32.3K | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01635 | −0.098% | $3.2M | $922K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01633 | −0.196% | $2.1M | $601K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01634 | −0.134% | $4.1M | $287K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01637 | +0.029% | $16K | $3K | — | as long as short |
| BloFin US-USDTlong | +0.0273% | 4h | 0.01636 | long leg | $481K | $48K | 10x | |
| Extended US-USD | +0.0304% | 1h | 0.01635 | −0.099% | $5K | $97K | 5x | as long as short |
| Binance USUSDT | +0.0305% | 4h | 0.01635 | −0.073% | $9.1M | $3.3M | 10x | as long as short |
| MEXC US_USDTshort | +0.0316% | 4h | 0.01635 | −0.055% | $5.5M | $114K | 100x | |
| Bitget USUSDT | +0.0328% | 4h | 0.01638 | +0.104% | $4.3M | $259K | 10x | as long as short |
| Aster USUSDT | +0.0346% | 4h | 0.01635 | −0.072% | $12K | $54K | 5x | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Extended US-USD
Binance USUSDT
Bitget USUSDT
Aster USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0358% | 4h | 0.01635 | −0.061% | — | $1.3M | — | as long as short |
BingX US-USDT