Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.079%7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2192.188% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now −0.079%, 7d avg +0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.155% cheaper against OKX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ME-USDT-SWAP | 0.07557 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $485K | $1.1M | 20x |
| Short | Bybit MEUSDT | 0.07551 | 0.0100 | get 0.0050% / 4h | 3h 32m | $1.6M | $787K | 25x |
OKX ME-USDT-SWAP
Bybit MEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.079% → +0.076%
- −$15.51
- Slippage, 4 orders
- −$197.84
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$234.35
- Costs to cover
- 2.188%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 4.65 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.98 bp | 79.1 bp −$79 | 342.6 bp −$3,426 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0085% | 4h | 0.07561 | +0.053% | $110K | $8K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07561 | +0.053% | $236K | $110K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07552 | −0.068% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07552 | −0.065% | $2.2M | $4.1M | 50x | as long as short |
| Bybit MEUSDTshort | +0.0100% | 4h | 0.07551 | −0.079% | $1.6M | $787K | 25x | |
| OKX ME-USDT-SWAPlong | +0.0100% | 4h | 0.07557 | long leg | $485K | $1.1M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07550 | −0.093% | $193K | $71K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07553 | −0.053% | $501K | $130K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07561 | +0.053% | $214K | $31K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07558 | +0.013% | $650K | $438K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07557 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07523 | −0.447% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07555 | −0.031% | $27K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP