Funding you earn now, next payment 23:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.039%
Price spread now: Reya against Bybit+0.008%7-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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEUSDT | 0.07306 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $1.4M | $642K | 25x |
| Short | Reya MERUSDPERP | 0.07307 | 0.0228 | get 0.0028% / 1h | 32m 56s | $26K | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $26.83
- Price spread: +0.008% → 0.000%
- $0.75
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $10.58
- Costs to cover
- 0.170%
- Break-even
- 4.2 days
Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 4.78 bp | 39.2 bp −$39 | 360.2 bp −$3,602 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0092% | 4h | 0.07326 | +0.274% | $106K | $7K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07306 | 0.000% | $229K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07305 | −0.013% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07304 | −0.025% | $2.1M | $3.8M | 50x | as long as short |
| Bybit MEUSDTlong | +0.0100% | 4h | 0.07306 | long leg | $1.4M | $642K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07302 | −0.055% | $464K | $971K | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07310 | +0.055% | $189K | $74K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07305 | −0.014% | $491K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07314 | +0.109% | $204K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07302 | −0.055% | $632K | $416K | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07305 | −0.014% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07319 | +0.180% | $11K | $2K | — | as long as short |
| Reya MERUSDPERPshort | +0.0228% | 1h | 0.07307 | +0.008% | $26K | — | 15x |
Bybit MEUSDT
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDT
Variational Omni ME