ME

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.004%

Price spread now: BingX against BloFin+0.106%96s7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as 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−$780.776% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.106%, 7d avg +0.010%

Together, before fees−0.044%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.096% dearer against BloFin than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.010%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 31 days. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you. The two prices were read 96 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	BloFin ME-USDT	0.07561	0.0110	pay 0.0055% / 4h	1m 30s	$107K	$9K	50x
Short	BingX ME-USDT	0.07569	0.0100	get 0.0050% / 4h	1m 30s	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$2.16
Price spread: +0.106% → +0.010%: $9.56
Slippage, 4 orders: −$55.63
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$70.23
Costs to cover: 0.776%
Break-even: never at this rate

Slippage from BloFin: live order book, 65 min ago; BingX: live order book, 10 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, 65 min ago	1.98 bp	16.1 bp −$16	57.1 bp −$571	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	5.29 bp	19.4 bp −$19	65.5 bp −$655	527.7 bp −$52.8K	742.7 bp −$371.3K

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	0.07567	+0.079%	$236K	$133K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07567	+0.082%	$13K	$21K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07565	+0.046%	$2.1M	$4.3M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07573	+0.159%	$1.6M	$847K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07561	0.000%	$475K	$1.3M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07570	+0.119%	$197K	$80K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07565	+0.053%	$500K	$134K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	0.07568	+0.093%	$216K	$34K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07573	+0.159%	$650K	$429K	25x	as long as short
BingX ME-USDTshort	+0.0100%	4h	0.07569	+0.106%	—	$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	0.07565	+0.053%	$11K	$2K	—	as long as short
BloFin ME-USDTlong	+0.0110%	4h	0.07561	long leg	$107K	$9K	50x
Reya MERUSDPERP	+0.0228%	1h	0.07564	+0.039%	$27K	—	15x	as long as short