Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Gate against Bybit−0.094%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1801.800% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.094%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.059% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEUSDT | 0.07427 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $1.5M | $667K | 25x |
| Short | Gate ME_USDT | 0.07420 | 0.0100 | get 0.0100% / 8h | 7h 43m | $190K | $73K | 50x |
Bybit MEUSDT
Gate ME_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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% → −0.035%
- −$5.91
- Slippage, 4 orders
- −$154
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$185.9
- Costs to cover
- 1.800%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 23 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 Bybit live order book, 3 min ago | 3.36 bp | 40.4 bp −$40 | 244.6 bp −$2,446 | doesn't fit | doesn't fit |
| Sell Gate live order book, 23 min ago | 6.74 bp | 41.1 bp −$41 | 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 | 0.07422 | −0.067% | $233K | $96K | 3x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07426 | −0.009% | $2.2M | $3.9M | 50x | as long as short |
| Bybit MEUSDTlong | +0.0100% | 4h | 0.07427 | long leg | $1.5M | $667K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07423 | −0.054% | $481K | $1.0M | 20x | as long as short |
| Gate ME_USDTshort | +0.0100% | 8h | 0.07420 | −0.094% | $190K | $73K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07427 | 0.000% | $506K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07434 | +0.094% | $207K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07428 | +0.013% | $640K | $411K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07432 | +0.067% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07439 | +0.160% | $12K | $2K | — | as long as short |
Hyperliquid ME
Binance MEUSDT
OKX ME-USDT-SWAP
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDT
Variational Omni MEShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0113% | 4h | 0.07439 | +0.162% | $109K | $7K | 50x | as long as short |
| Aster MEUSDT | +0.0192% | 4h | 0.07421 | −0.081% | $17K | $11K | 5x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07423 | −0.049% | $26K | — | 15x | as long as short |
BloFin ME-USDT
Aster MEUSDT
Reya MERUSDPERP