Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.066%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$940.941% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days+0.117%+$12 · spread now −0.066%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.060% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEUSDT | 0.07595 | 0.0100 | pay 0.0050% / 4h | 42m 41s | $2.2M | $4.3M | 50x |
| Short | OKX ME-USDT-SWAP | 0.07590 | 0.0100 | get 0.0050% / 4h | 42m 41s | $481K | $1.3M | 20x |
Binance MEUSDT
OKX ME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $0
- Price spread: −0.066% → −0.006%
- −$6.02
- Slippage, 4 orders
- −$74.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$100.12
- Costs to cover
- 0.941%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; OKX: 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 Binance live order book, 9 min ago | 3.29 bp | 18.7 bp −$19 | 237.0 bp −$2,370 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 7.22 bp | 25.4 bp −$25 | doesn't fit | 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-USDT | +0.0085% | 4h | 0.07611 | +0.211% | $108K | $9K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07586 | −0.118% | $246K | $124K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07597 | +0.028% | $13K | $21K | 5x | as long as short |
| Binance MEUSDTlong | +0.0100% | 4h | 0.07595 | long leg | $2.2M | $4.3M | 50x | |
| Bybit MEUSDT | +0.0100% | 4h | 0.07598 | +0.039% | $1.6M | $850K | 25x | as long as short |
| OKX ME-USDT-SWAPshort | +0.0100% | 4h | 0.07590 | −0.066% | $481K | $1.3M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07600 | +0.066% | $199K | $78K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07590 | −0.066% | $509K | $131K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07603 | +0.105% | $217K | $34K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07602 | +0.092% | $652K | $429K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07602 | +0.092% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07615 | +0.257% | $11K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07612 | +0.220% | $27K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP