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 BingX+0.013%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now +0.013%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.048% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ME-USDT | 0.07619 | 0.0100 | pay 0.0050% / 4h | 45m 18s | — | $1.3M | — |
| Short | OKX ME-USDT-SWAP | 0.07620 | 0.0100 | get 0.0050% / 4h | 45m 18s | $482K | $1.3M | 20x |
BingX ME-USDT
OKX ME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.013% → −0.035%
- $4.78
- Slippage, 4 orders
- −$87.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$102.79
- Costs to cover
- 1.076%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; OKX: 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 BingX live order book, 16 min ago | 3.97 bp | 26.7 bp −$27 | 111.3 bp −$1,113 | 574.9 bp −$57.5K | 780.1 bp −$390.0K |
| Sell OKX live order book, 1 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 | +0.0079% | 4h | 0.07616 | −0.039% | $108K | $9K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07617 | −0.026% | $239K | $116K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07620 | +0.013% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07619 | 0.000% | $2.2M | $4.3M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07618 | −0.013% | $1.6M | $849K | 25x | as long as short |
| OKX ME-USDT-SWAPshort | +0.0100% | 4h | 0.07620 | +0.013% | $482K | $1.3M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07620 | +0.013% | $200K | $78K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07618 | −0.013% | $511K | $131K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07619 | 0.000% | $218K | $34K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07622 | +0.039% | $654K | $429K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance 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-USDTlong | +0.0100% | 4h | 0.07619 | long leg | — | $1.3M | — | |
| Variational Omni ME | +0.0100% | 4h | 0.07615 | −0.059% | $11K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07616 | −0.043% | $27K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP