Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin−0.007%71s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as 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−$950.954% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.007%, 7d avg −0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ME-USDT | 0.07607 | 0.0093 | pay 0.0046% / 4h | 1m 59s | $111K | $8K | 50x |
| Short | Binance MEUSDT | 0.07606 | 0.0100 | get 0.0050% / 4h | 1m 59s | $2.2M | $4.0M | 50x |
BloFin ME-USDT
Binance MEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $1.49
- Price spread: −0.007% → −0.011%
- $0.43
- Slippage, 4 orders
- −$73.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$93.51
- Costs to cover
- 0.954%
- Break-even
- 447.5 days
Slippage from BloFin: live order book, 26 min ago; Binance: live order book, 5 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 BloFin live order book, 26 min ago | 1.98 bp | 29.3 bp −$29 | 72.0 bp −$720 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.98 bp | 21.5 bp −$21 | 77.4 bp −$774 | 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-USDTlong | +0.0093% | 4h | 0.07607 | long leg | $111K | $8K | 50x | |
| Hyperliquid ME | +0.0100% | 1h | 0.07613 | +0.079% | $240K | $107K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07600 | −0.087% | $13K | $20K | 5x | as long as short |
| Binance MEUSDTshort | +0.0100% | 4h | 0.07606 | −0.007% | $2.2M | $4.0M | 50x | |
| Bybit MEUSDT | +0.0100% | 4h | 0.07603 | −0.053% | $1.6M | $773K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07608 | +0.013% | $496K | $1.1M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07600 | −0.092% | $194K | $72K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07607 | 0.000% | $505K | $133K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07601 | −0.079% | $211K | $30K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07607 | 0.000% | $659K | $430K | 25x | as long as short |
Hyperliquid ME
Aster MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
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-USDT | +0.0100% | 4h | 0.07605 | −0.026% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07590 | −0.221% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07604 | −0.036% | $27K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP