Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate0.000%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2492.489% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now 0.000%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.035% cheaper against Gate than usual: you would sell low and buy high, −$3 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 | Gate ME_USDT | 0.07460 | 0.0100 | pay 0.0100% / 8h | 5h 45m | $190K | $71K | 50x |
| Short | Bybit MEUSDT | 0.07460 | 0.0100 | get 0.0050% / 4h | 1h 45m | $1.5M | $741K | 25x |
Gate ME_USDT
Bybit MEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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: 0.000% → +0.035%
- −$3.5
- Slippage, 4 orders
- −$222.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$252.44
- Costs to cover
- 2.489%
- Break-even
- never at this rate
Slippage from Gate: live order book, 11 min ago; Bybit: live order book, 1 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 Gate live order book, 11 min ago | 6.68 bp | 52.1 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 7.38 bp | 44.8 bp −$45 | 332.6 bp −$3,326 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0044% | 4h | 0.07461 | +0.013% | — | $8K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07471 | +0.147% | $237K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07459 | −0.019% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07462 | +0.021% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDTshort | +0.0100% | 4h | 0.07460 | 0.000% | $1.5M | $741K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07461 | +0.013% | $492K | $1.1M | 20x | as long as short |
| Gate ME_USDTlong | +0.0100% | 8h | 0.07460 | long leg | $190K | $71K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07463 | +0.040% | $481K | $131K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07466 | +0.080% | $207K | $28K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07465 | +0.067% | $636K | $414K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07460 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07458 | −0.031% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07468 | +0.111% | $26K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP