Funding you earn now, next payment 23:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h +0.037%
Price spread now: Reya against BloFin+0.070%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.070% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | 0.07292 | 0.0114 | pay 0.0057% / 4h | 1h 28m | $106K | $7K | 50x |
| Short | Reya MERUSDPERP | 0.07297 | 0.0228 | get 0.0028% / 1h | 28m 22s | $26K | — | 15x |
BloFin ME-USDT
Reya MERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $23.98
- Price spread: +0.070% → 0.000%
- $6.98
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $12.96
- Costs to cover
- 0.180%
- Break-even
- 3.2 days
Slippage unknown: BloFin: live order book, 39 min ago; Reya: no order-book sample. Net counts fees only.
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, 39 min ago | 0.68 bp | 25.6 bp −$26 | 73.7 bp −$737 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.07294 | +0.027% | $229K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07288 | −0.059% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07294 | +0.027% | $2.1M | $3.8M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07293 | +0.014% | $1.4M | $643K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07291 | −0.014% | $459K | $977K | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07290 | −0.027% | $188K | $74K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07294 | +0.027% | $490K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07295 | +0.041% | $203K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07289 | −0.041% | $631K | $416K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07291 | −0.014% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07297 | +0.070% | $11K | $2K | — | as long as short |
| BloFin ME-USDTlong | +0.0114% | 4h | 0.07292 | long leg | $106K | $7K | 50x | |
| Reya MERUSDPERPshort | +0.0228% | 1h | 0.07297 | +0.070% | $26K | — | 15x |
Variational Omni ME