Funding you earn now, next payment 03:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.038%
Price spread now: Reya against KuCoin−0.024%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Reya is 0.024% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 15 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 | KuCoin MEUSDTM | 0.07469 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $207K | $29K | 30x |
| Short | Reya MERUSDPERP | 0.07467 | 0.0228 | get 0.0028% / 1h | 58m 44s | $26K | — | 15x |
KuCoin MEUSDTM
Reya MERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against KuCoin. 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: −0.024% → 0.000%
- −$2.37
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $6.46
- Costs to cover
- 0.180%
- Break-even
- 5.3 days
Slippage unknown: KuCoin: live order book, 37 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 KuCoin live order book, 37 min ago | 40.87 bp | 264.1 bp −$264 | 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 12 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 | 0.07464 | −0.067% | $237K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07465 | −0.057% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07461 | −0.107% | $2.1M | $4.0M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07463 | −0.080% | $1.5M | $740K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07460 | −0.120% | $491K | $1.1M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07460 | −0.120% | $191K | $71K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07459 | −0.134% | $481K | $131K | 20x | as long as short |
| KuCoin MEUSDTMlong | +0.0100% | 4h | 0.07469 | long leg | $207K | $29K | 30x | |
| Bitget MEUSDT | +0.0100% | 4h | 0.07466 | −0.040% | $636K | $416K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07464 | −0.067% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
Bitget MEUSDT
BingX ME-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07461 | −0.105% | $12K | $2K | — | as long as short |
| Reya MERUSDPERPshort | +0.0228% | 1h | 0.07467 | −0.024% | $26K | — | 15x |
Variational Omni ME