Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.094%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.094%, 7d avg −0.072%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.023% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MEUSDT | 0.07409 | 0.0100 | pay 0.0050% / 4h | 30m 27s | $644K | $416K | 25x |
| Short | OKX ME-USDT-SWAP | 0.07402 | 0.0100 | get 0.0050% / 4h | 30m 27s | $477K | $1.0M | 20x |
Bitget MEUSDT
OKX ME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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: −0.094% → −0.072%
- −$2.27
- Slippage, 4 orders
- −$66.84
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$91.11
- Costs to cover
- 0.888%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 45 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 Bitget live order book, 45 min ago | 3.41 bp | 17.6 bp −$18 | 112.4 bp −$1,124 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 4.73 bp | 23.5 bp −$24 | 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 | +0.0062% | 4h | 0.07412 | +0.040% | $109K | $7K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07404 | −0.067% | $233K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07406 | −0.044% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07405 | −0.059% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07407 | −0.027% | $1.5M | $650K | 25x | as long as short |
| OKX ME-USDT-SWAPshort | +0.0100% | 4h | 0.07402 | −0.094% | $477K | $1.0M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07410 | +0.013% | $189K | $74K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07404 | −0.067% | $503K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07409 | 0.000% | $207K | $25K | 30x | as long as short |
| Bitget MEUSDTlong | +0.0100% | 4h | 0.07409 | long leg | $644K | $416K | 25x |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07403 | −0.081% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07409 | −0.005% | $11K | $790 | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07405 | −0.052% | $26K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP