Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX−0.077%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$910.907% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.077%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.045% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ME-USDT | 0.07432 | 0.0100 | pay 0.0050% / 4h | 3h 43m | — | $1.3M | — |
| Short | Binance MEUSDT | 0.07426 | 0.0100 | get 0.0050% / 4h | 3h 43m | $2.2M | $3.9M | 50x |
BingX ME-USDT
Binance MEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: −0.077% → −0.032%
- −$4.47
- Slippage, 4 orders
- −$70.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.21
- Costs to cover
- 0.907%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: 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 BingX live order book, 8 min ago | 4.70 bp | 23.3 bp −$23 | 198.7 bp −$1,987 | 479.9 bp −$48.0K | 679.5 bp −$339.8K |
| Sell Binance live order book, 8 min ago | 0.67 bp | 21.6 bp −$22 | 82.4 bp −$824 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ME | +0.0100% | 1h | 0.07422 | −0.135% | $233K | $96K | 3x | as long as short |
| Binance MEUSDTshort | +0.0100% | 4h | 0.07426 | −0.077% | $2.2M | $3.9M | 50x | |
| Bybit MEUSDT | +0.0100% | 4h | 0.07427 | −0.067% | $1.5M | $667K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07423 | −0.121% | $481K | $1.0M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07420 | −0.161% | $190K | $73K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07427 | −0.067% | $506K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07434 | +0.027% | $207K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07428 | −0.054% | $640K | $411K | 25x | as long as short |
| BingX ME-USDTlong | +0.0100% | 4h | 0.07432 | long leg | — | $1.3M | — | |
| Variational Omni ME | +0.0100% | 4h | 0.07439 | +0.092% | $12K | $2K | — | as long as short |
Hyperliquid ME
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
Variational Omni MEShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0113% | 4h | 0.07439 | +0.094% | $109K | $7K | 50x | as long as short |
| Aster MEUSDT | +0.0192% | 4h | 0.07421 | −0.148% | $17K | $11K | 5x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07423 | −0.116% | $26K | — | 15x | as long as short |
BloFin ME-USDT
Aster MEUSDT
Reya MERUSDPERP