ME

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.26 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against Bitget+0.082%95s7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as 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−$850.852% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 3 days (all we have)+0.174%+$17 · spread now +0.082%, 7d avg −0.028%

Together, before fees+0.133%+$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.110% dearer against Bitget than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.028%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.2 days. At the pace of the last 7 days (−0.040% in total) that is about 19 days. The two prices were read 95 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	Bitget MEUSDT	0.07361	0.0100	pay 0.0050% / 4h	2h 53m	$637K	$416K	25x
Short	BloFin ME-USDT	0.07367	0.0049	get 0.0024% / 4h	2h 53m	$109K	$8K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$10.71
Price spread: +0.082% → −0.028%: $10.96
Slippage, 4 orders: −$61.23
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$84.98
Costs to cover: 0.852%
Break-even: never at this rate

Slippage from Bitget: live order book, 31 min ago; BloFin: live order book, 26 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 Bitget live order book, 31 min ago	2.70 bp	23.8 bp −$24	231.1 bp −$2,311	doesn't fit	doesn't fit
Sell BloFin live order book, 26 min ago	2.70 bp	16.6 bp −$17	41.7 bp −$417	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
Bybit MEUSDT	−0.0196%	4h	0.07358	−0.041%	$1.5M	$624K	25x	as long as short
BloFin ME-USDTshort	+0.0049%	4h	0.07367	+0.082%	$109K	$8K	50x
Hyperliquid ME	+0.0100%	1h	0.07358	−0.041%	$231K	$99K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07363	+0.022%	$17K	$11K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07357	−0.050%	$2.1M	$3.8M	50x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07355	−0.082%	$469K	$978K	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07350	−0.149%	$202K	$65K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07359	−0.027%	$489K	$125K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	0.07359	−0.027%	$205K	$26K	30x	as long as short
Bitget MEUSDTlong	+0.0100%	4h	0.07361	long leg	$637K	$416K	25x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ME-USDT	+0.0100%	4h	0.07359	−0.027%	—	$1.3M	—	as long as short
Variational Omni ME	+0.0100%	4h	0.07375	+0.190%	$11K	$1K	—	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07352	−0.127%	$26K	—	15x	as long as short