Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.038%
Price spread now: Reya against Gate−0.060%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.060% cheaper against Gate than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 37 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ME_USDT | 0.07570 | 0.0100 | pay 0.0100% / 8h | 1m 57s | $197K | $80K | 50x |
| Short | Reya MERUSDPERP | 0.07565 | 0.0228 | get 0.0028% / 1h | 1m 57s | $27K | — | 15x |
Gate ME_USDT
Reya MERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $26.83
- Price spread: −0.060% → 0.000%
- −$5.97
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$0.14
- Costs to cover
- 0.210%
- Break-even
- 7.0 days
Slippage unknown: Gate: live order book, 29 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 Gate live order book, 29 min ago | 6.59 bp | 41.2 bp −$41 | doesn't fit | 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 | 0.07566 | −0.053% | $236K | $133K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07568 | −0.025% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07568 | −0.026% | $2.1M | $4.3M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07573 | +0.040% | $1.6M | $847K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07565 | −0.066% | $475K | $1.3M | 20x | as long as short |
| Gate ME_USDTlong | +0.0100% | 8h | 0.07570 | long leg | $197K | $80K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07568 | −0.026% | $500K | $134K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07569 | −0.013% | $216K | $34K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07574 | +0.053% | $651K | $429K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07570 | 0.000% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
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 | 0.07565 | −0.066% | $11K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0110% | 4h | 0.07561 | −0.119% | $107K | $9K | 50x | as long as short |
| Reya MERUSDPERPshort | +0.0228% | 1h | 0.07565 | −0.060% | $27K | — | 15x |
Variational Omni ME
BloFin ME-USDT