ME

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against OKX−0.081%93s7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$880.881% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 3 days (all we have)+0.171%+$17 · spread now −0.081%, 7d avg +0.054%

Together, before fees+0.139%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.136% cheaper against OKX than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of +0.054%). If the spread goes back, that is −$14 on $10k: about 9.1 days of funding at the current rate (+$1 a day). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ME-USDT-SWAP	0.07375	0.0100	pay 0.0050% / 4h	2h 27m	$469K	$980K	20x
Short	BloFin ME-USDT	0.07369	0.0150	get 0.0075% / 4h	2h 27m	$109K	$8K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BloFinbpOrdersPrice spread, now −0.081%Rate

Funding earned: $10.41
Price spread: −0.081% → +0.054%: −$13.56
Slippage, 4 orders: −$66.11
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$91.27
Costs to cover: 0.881%
Break-even: 68.4 days

Slippage from OKX: live order book, 58 min ago; BloFin: live order book, 52 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, 58 min ago	2.03 bp	26.4 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 52 min ago	2.70 bp	16.6 bp −$17	41.7 bp −$417	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	0.07372	−0.041%	$232K	$99K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07371	−0.059%	$17K	$11K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07372	−0.039%	$2.1M	$3.8M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07368	−0.095%	$1.5M	$626K	25x	as long as short
OKX ME-USDT-SWAPlong	+0.0100%	4h	0.07375	long leg	$469K	$980K	20x
Gate ME_USDT	+0.0100%	8h	0.07370	−0.068%	$203K	$65K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07372	−0.041%	$496K	$127K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	0.07376	+0.014%	$206K	$26K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07372	−0.041%	$638K	$416K	25x	as long as short
BingX ME-USDT	+0.0100%	4h	0.07369	−0.081%	—	$1.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ME	+0.0100%	4h	0.07366	−0.127%	$11K	$1K	—	as long as short
BloFin ME-USDTshort	+0.0150%	4h	0.07369	−0.081%	$109K	$8K	50x
Reya MERUSDPERP	+0.0228%	1h	0.07368	−0.098%	$26K	—	15x	as long as short