Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BloFin−0.063%79s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as 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−$660.664% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.063%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.050% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 79 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 XAI-USDT | 0.007916 | 0.0118 | pay 0.0059% / 4h | 56m 04s | $161K | $19K | 25x |
| Short | MEXC XAI_USDT | 0.007911 | 0.0100 | get 0.0050% / 4h | 56m 04s | $1.9M | $422K | 50x |
BloFin XAI-USDT
MEXC XAI_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
- −$3.74
- Price spread: −0.063% → −0.013%
- −$5.04
- Slippage, 4 orders
- −$54.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$75.15
- Costs to cover
- 0.664%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 14 min ago; MEXC: live order book, 1 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, 14 min ago | 1.26 bp | 19.0 bp −$19 | 57.9 bp −$579 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 4.43 bp | 10.2 bp −$10 | 63.4 bp −$634 | 455.4 bp −$45.5K | doesn't fit |
XAI 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid XAI | +0.0100% | 1h | 0.007910 | −0.076% | $405K | $64K | 3x | as long as short |
| Aster XAIUSDT | +0.0100% | 4h | 0.007908 | −0.104% | $7K | $24K | 5x | as long as short |
| Binance XAIUSDT | +0.0100% | 4h | 0.007908 | −0.102% | $1.6M | $1.9M | 25x | as long as short |
| Bybit XAIUSDT | +0.0100% | 4h | 0.007901 | −0.189% | $671K | $395K | 25x | as long as short |
| Gate XAI_USDT | +0.0100% | 4h | 0.007900 | −0.202% | $78K | $38K | 50x | as long as short |
| MEXC XAI_USDTshort | +0.0100% | 4h | 0.007911 | −0.063% | $1.9M | $422K | 50x | |
| KuCoin XAIUSDTM | +0.0100% | 4h | 0.007910 | −0.076% | $168K | $44K | 25x | as long as short |
| Bitget XAIUSDT | +0.0100% | 4h | 0.007904 | −0.152% | $471K | $286K | 25x | as long as short |
| BingX XAI-USDT | +0.0100% | 4h | 0.007906 | −0.126% | — | $2.3M | — | as long as short |
| BloFin XAI-USDTlong | +0.0118% | 4h | 0.007916 | long leg | $161K | $19K | 25x |
Hyperliquid XAI
Aster XAIUSDT
Binance XAIUSDT
Bybit XAIUSDT
Gate XAI_USDT
KuCoin XAIUSDTM
Bitget XAIUSDT
BingX XAI-USDT