Funding you earn now, next payment 22:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.038%
Price spread now: BingX against Reya+0.004%50s7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 50 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 | Reya MERUSDPERP | 0.07371 | 0.0228 | pay 0.0028% / 1h | 31m 38s | $26K | — | 15x |
| Short | BingX ME-USDT | 0.07371 | 0.0100 | get 0.0050% / 4h | 2h 31m | — | $1.3M | — |
Reya MERUSDPERP
BingX ME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Reya. 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: +0.004% → 0.000%
- $0.4
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$42.43
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; BingX: live order book, 5 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 4.07 bp | 19.0 bp −$19 | 58.1 bp −$581 | 559.2 bp −$55.9K | 805.5 bp −$402.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0084% | 4h | 0.07370 | −0.010% | $108K | $8K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07368 | −0.037% | $232K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07374 | +0.051% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07370 | −0.013% | $2.1M | $3.8M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07367 | −0.050% | $1.5M | $625K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07364 | −0.091% | $469K | $980K | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07370 | −0.010% | $203K | $65K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07371 | +0.004% | $496K | $127K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07371 | +0.004% | $205K | $26K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07371 | +0.004% | $638K | $416K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
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-USDTshort | +0.0100% | 4h | 0.07371 | +0.004% | — | $1.3M | — | |
| Variational Omni ME | +0.0100% | 4h | 0.07371 | +0.007% | $11K | $1K | — | as long as short |
| Reya MERUSDPERPlong | +0.0228% | 1h | 0.07371 | long leg | $26K | — | 15x |
Variational Omni ME