Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Gate+0.013%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1591.588% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.013%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.050% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ME_USDT | 0.07510 | 0.0100 | pay 0.0100% / 8h | 1h 44m | $194K | $74K | 50x |
| Short | OKX ME-USDT-SWAP | 0.07511 | 0.0100 | get 0.0050% / 4h | 1h 44m | $475K | $1.2M | 20x |
Gate ME_USDT
OKX ME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.013% → −0.037%
- $4.99
- Slippage, 4 orders
- −$133.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$153.77
- Costs to cover
- 1.588%
- Break-even
- never at this rate
Slippage from Gate: live order book, 57 min ago; OKX: live order book, 2 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, 57 min ago | 6.70 bp | 33.3 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 4.68 bp | 24.6 bp −$25 | 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 | 0.07508 | −0.027% | $235K | $112K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07505 | −0.067% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07512 | +0.027% | $2.1M | $4.2M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07507 | −0.040% | $1.5M | $826K | 25x | as long as short |
| OKX ME-USDT-SWAPshort | +0.0100% | 4h | 0.07511 | +0.013% | $475K | $1.2M | 20x | |
| Gate ME_USDTlong | +0.0100% | 8h | 0.07510 | long leg | $194K | $74K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07512 | +0.027% | $498K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07520 | +0.133% | $215K | $32K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07511 | +0.013% | $644K | $426K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07505 | −0.067% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
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 | 0.07485 | −0.337% | $12K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0146% | 4h | 0.07503 | −0.093% | $108K | $9K | 50x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07506 | −0.049% | $26K | — | 15x | as long as short |
Variational Omni ME
BloFin ME-USDT
Reya MERUSDPERP