Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.16 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC+0.038%64s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as 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−$1571.575% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.038%, 7d avg +0.017%
=The price spread pays, funding is against you. BloFin is 0.020% dearer against MEXC than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of +0.017%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.1 days. 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 | MEXC US_USDT | 0.01588 | 0.0298 | pay 0.0149% / 4h | 8m 14s | $5.3M | $118K | 100x |
| Short | BloFin US-USDT | 0.01589 | 0.0265 | get 0.0133% / 4h | 8m 14s | $472K | $47K | 10x |
MEXC US_USDT
BloFin US-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
- −$6.91
- Price spread: +0.038% → +0.017%
- $2.04
- Slippage, 4 orders
- −$141.46
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$162.33
- Costs to cover
- 1.575%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 8 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 | 4.09 bp | 35.8 bp −$36 | 78.3 bp −$783 | 428.7 bp −$42.9K | doesn't fit |
| Sell BloFin live order book, 8 min ago | 3.47 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.1516% | 4h | 0.01582 | −0.422% | $3.7M | $496K | 20x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01588 | +0.006% | $3.2M | $991K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01589 | +0.057% | $2.0M | $659K | 20x | as long as short |
| Bitget USUSDT | +0.0100% | 4h | 0.01591 | +0.195% | $4.2M | $274K | 10x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01594 | +0.346% | $16K | $4K | — | as long as short |
| Aster USUSDT | +0.0167% | 4h | 0.01589 | +0.069% | $13K | $54K | 5x | as long as short |
| BloFin US-USDTshort | +0.0265% | 4h | 0.01589 | +0.038% | $472K | $47K | 10x | |
| Extended US-USD | +0.0288% | 1h | 0.01589 | +0.023% | $2K | $203K | 5x | as long as short |
| Binance USUSDT | +0.0290% | 4h | 0.01587 | −0.101% | $8.9M | $3.5M | 10x | as long as short |
| BingX US-USDT | +0.0292% | 4h | 0.01587 | −0.063% | — | $1.3M | — | as long as short |
KuCoin USUSDTM
Bybit USUSDT
Gate US_USDT
Bitget USUSDT
Variational Omni US
Aster USUSDT
Extended US-USD
Binance USUSDT
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC US_USDTlong | +0.0298% | 4h | 0.01588 | long leg | $5.3M | $118K | 100x |