Funding you earn now, next payment 05:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.038%
Price spread now: MEXC against Reya+0.082%7-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 pays, funding is against you. MEXC is 0.082% dearer against Reya than usual: you sell high and buy low (spread +0.082% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MERUSDPERP | 0.07561 | 0.0228 | pay 0.0028% / 1h | 49m 25s | $27K | — | 15x |
| Short | MEXC ME_USDT | 0.07567 | 0.0100 | get 0.0050% / 4h | 3h 49m | $503K | $129K | 20x |
Reya MERUSDPERP
MEXC ME_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.082% → 0.000%
- $8.19
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$28.64
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; MEXC: live order book, 60 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 MEXC live order book, 60 min ago | 1.34 bp | 7.5 bp −$8 | 53.2 bp −$532 | 135.0 bp −$13.5K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ME | +0.0100% | 1h | 0.07570 | +0.122% | $236K | $109K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07569 | +0.108% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07565 | +0.059% | $2.2M | $4.1M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07563 | +0.029% | $1.6M | $779K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07558 | −0.037% | $487K | $1.1M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07560 | −0.011% | $193K | $71K | 50x | as long as short |
| MEXC ME_USDTshort | +0.0100% | 4h | 0.07567 | +0.082% | $503K | $129K | 20x | |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07576 | +0.201% | $215K | $31K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07565 | +0.055% | $653K | $434K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07560 | −0.011% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07573 | +0.164% | $12K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0120% | 4h | 0.07573 | +0.161% | $110K | $8K | 50x | as long as short |
| Reya MERUSDPERPlong | +0.0228% | 1h | 0.07561 | long leg | $27K | — | 15x |
Variational Omni ME
BloFin ME-USDT