Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.051%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.051%, 7d avg +0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ME-USDT-SWAP | 0.07460 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $491K | $1.1M | 20x |
| Short | Binance MEUSDT | 0.07464 | 0.0100 | get 0.0050% / 4h | 2h 05m | $2.1M | $4.0M | 50x |
OKX ME-USDT-SWAP
Binance MEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: +0.051% → +0.034%
- $1.71
- Slippage, 4 orders
- −$80.81
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$99.1
- Costs to cover
- 1.008%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 16 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 OKX live order book, 1 min ago | 4.69 bp | 25.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 2.00 bp | 20.5 bp −$21 | 73.6 bp −$736 | doesn't fit | doesn't fit |
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 | +0.054% | $237K | $98K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07462 | +0.022% | $13K | $20K | 5x | as long as short |
| Binance MEUSDTshort | +0.0100% | 4h | 0.07464 | +0.051% | $2.1M | $4.0M | 50x | |
| Bybit MEUSDT | +0.0100% | 4h | 0.07464 | +0.054% | $1.5M | $741K | 25x | as long as short |
| OKX ME-USDT-SWAPlong | +0.0100% | 4h | 0.07460 | long leg | $491K | $1.1M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07470 | +0.134% | $191K | $72K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07463 | +0.040% | $481K | $134K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07463 | +0.040% | $207K | $29K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07468 | +0.107% | $639K | $419K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07462 | +0.027% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
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 | 0.07464 | +0.050% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07466 | +0.084% | $26K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP