ME

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.04 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against Binance−0.118%91s7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as 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−$950.954% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.118%, 7d avg +0.011%

Together, before fees+0.243%+$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.129% cheaper against Binance than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 91 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	Binance MEUSDT	0.07616	0.0100	pay 0.0050% / 4h	1m 43s	$2.2M	$4.0M	50x
Short	BloFin ME-USDT	0.07607	0.0093	get 0.0046% / 4h	1m 43s	$111K	$8K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now −0.118%Rate

Funding earned: −$1.49
Price spread: −0.118% → +0.011%: −$12.95
Slippage, 4 orders: −$73.43
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$109.86
Costs to cover: 0.954%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 27 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 Binance live order book, 5 min ago	1.98 bp	26.2 bp −$26	282.4 bp −$2,824	doesn't fit	doesn't fit
Sell BloFin live order book, 27 min ago	1.98 bp	18.4 bp −$18	53.7 bp −$537	doesn't fit	doesn't fit

ME on 13 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
BloFin ME-USDTshort	+0.0093%	4h	0.07607	−0.118%	$111K	$8K	50x
Hyperliquid ME	+0.0100%	1h	0.07615	−0.013%	$241K	$107K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07601	−0.197%	$13K	$20K	5x	as long as short
Binance MEUSDTlong	+0.0100%	4h	0.07616	long leg	$2.2M	$4.0M	50x
Bybit MEUSDT	+0.0100%	4h	0.07612	−0.053%	$1.6M	$773K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07615	−0.013%	$496K	$1.1M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07600	−0.210%	$194K	$72K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07614	−0.026%	$506K	$133K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	0.07605	−0.144%	$211K	$30K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07612	−0.053%	$659K	$430K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ME-USDT	+0.0100%	4h	0.07609	−0.092%	—	$1.3M	—	as long as short
Variational Omni ME	+0.0100%	4h	0.07590	−0.339%	$12K	$2K	—	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07604	−0.154%	$27K	—	15x	as long as short