Funding you earn now, next payment 04:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.338%111s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$770.774% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.338%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.321% dearer against Binance than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 111 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 | Binance MEMEUSDT | 0.0006182 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $2.5M | $4.8M | 50x |
| Short | BloFin MEME-USDT | 0.0006203 | 0.0145 | get 0.0072% / 4h | 1h 15m | $98K | $6K | 50x |
Binance MEMEUSDT
BloFin MEME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $9.43
- Price spread: +0.338% → +0.017%
- $32.14
- Slippage, 4 orders
- −$55.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.8
- Costs to cover
- 0.774%
- Break-even
- 33.6 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 21 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 Binance live order book, 7 min ago | 4.85 bp | 21.8 bp −$22 | 96.3 bp −$963 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 3.24 bp | 16.4 bp −$16 | 55.5 bp −$555 | doesn't fit | doesn't fit |
MEME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEME/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0006170 | −0.196% | — | — | 100x | as long as short |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006180 | −0.034% | $564K | $160K | 3x | as long as short |
| Binance MEMEUSDTlong | +0.0100% | 4h | 0.0006182 | long leg | $2.5M | $4.8M | 50x | |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006185 | +0.047% | $1.3M | $643K | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006178 | −0.066% | $628K | $2.1M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006184 | +0.031% | $433K | $81K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006182 | −0.002% | $852K | $391K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006190 | +0.128% | $186K | $49K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006180 | −0.034% | $444K | $757K | 25x | as long as short |
| BingX MEME-USDT | +0.0100% | 4h | 0.0006186 | +0.063% | — | $2.4M | — | as long as short |
GMX MEME/USD [WBTC.b-USDC]
Hyperliquid MEME
Bybit MEMEUSDT
OKX MEME-USDT-SWAP
Gate MEME_USDT
MEXC MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDT
BingX MEME-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MEME-USDTshort | +0.0145% | 4h | 0.0006203 | +0.338% | $98K | $6K | 50x |