ME

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against BingX−0.283%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$770.765% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 3 days (all we have)+0.319%+$32 · spread now −0.283%, 7d avg −0.004%

Together, before fees+0.251%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.279% cheaper against BingX than usual: you would sell low and buy high (spread −0.283% now, against its 7-day average of −0.004%). If the spread goes back, that is −$28 on $10k: about 46 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ME-USDT	0.07411	0.0100	pay 0.0050% / 4h	56m 57s	—	$1.3M	—
Short	BloFin ME-USDT	0.07390	0.0120	get 0.0060% / 4h	56m 57s	$107K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now −0.283%Rate

Funding earned: $4.27
Price spread: −0.283% → −0.004%: −$27.89
Slippage, 4 orders: −$54.53
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$100.16
Costs to cover: 0.765%
Break-even: 171.3 days

Slippage from BingX: live order book, 14 min ago; BloFin: live order book, 3 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, 14 min ago	4.79 bp	23.0 bp −$23	96.6 bp −$966	615.8 bp −$61.6K	840.8 bp −$420.4K
Sell BloFin live order book, 3 min ago	2.04 bp	19.0 bp −$19	58.6 bp −$586	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	0.07412	+0.013%	$233K	$96K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07396	−0.196%	$17K	$11K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07415	+0.059%	$2.1M	$3.9M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07408	−0.040%	$1.5M	$648K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07412	+0.013%	$466K	$1.0M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07400	−0.148%	$190K	$74K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07410	−0.013%	$503K	$128K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	0.07384	−0.364%	$206K	$25K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07418	+0.094%	$645K	$417K	25x	as long as short
BingX ME-USDTlong	+0.0100%	4h	0.07411	long leg	—	$1.3M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ME	+0.0100%	4h	0.07338	−0.992%	$11K	$1K	—	as long as short
BloFin ME-USDTshort	+0.0120%	4h	0.07390	−0.283%	$107K	$7K	50x
Reya MERUSDPERP	+0.0228%	1h	0.07401	−0.129%	$26K	—	15x	as long as short