ME

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h −0.001%

Price spread now: KuCoin against BloFin−0.054%7-day average +0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$457as in the Funding arb table

Net, price: spread back to 7d avg − costs−$475as in the Price arb table

costs, in and out, $10k−$4654.647% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.075%+$7 on $10k

Price spread, last 3 days (all we have)+0.144%+$14 · spread now −0.054%, 7d avg +0.044%

Together, before fees+0.218%+$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.099% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ME-USDT	0.07364	0.0158	pay 0.0079% / 4h	2h 12m	$108K	$8K	50x
Short	KuCoin MEUSDTM	0.07360	0.0100	get 0.0050% / 4h	2h 12m	$205K	$25K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.054%Rate

Funding earned: −$12.08
Price spread: −0.054% → +0.044%: −$9.88
Slippage, 4 orders: −$440.66
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$486.61
Costs to cover: 4.647%
Break-even: never at this rate

Slippage from BloFin: live order book, 67 min ago; KuCoin: live order book, 67 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, 67 min ago	2.70 bp	22.2 bp −$22	64.3 bp −$643	doesn't fit	doesn't fit
Sell KuCoin live order book, 67 min ago	15.51 bp	242.5 bp −$243	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
Hyperliquid ME	+0.0100%	1h	0.07353	−0.149%	$231K	$98K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07358	−0.076%	$17K	$11K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07355	−0.127%	$2.1M	$3.8M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07354	−0.136%	$1.5M	$625K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07356	−0.109%	$468K	$977K	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07360	−0.054%	$202K	$65K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07357	−0.095%	$498K	$128K	20x	as long as short
KuCoin MEUSDTMshort	+0.0100%	4h	0.07360	−0.054%	$205K	$25K	30x
Bitget MEUSDT	+0.0100%	4h	0.07355	−0.122%	$636K	$416K	25x	as long as short
BingX ME-USDT	+0.0100%	4h	0.07357	−0.095%	—	$1.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ME	+0.0100%	4h	0.07364	+0.002%	$11K	$1K	—	as long as short
BloFin ME-USDTlong	+0.0158%	4h	0.07364	long leg	$108K	$8K	50x
Reya MERUSDPERP	+0.0228%	1h	0.07359	−0.065%	$26K	—	15x	as long as short