Funding you earn now, next payment 04:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against BingX−0.032%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$720.720% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.032%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.046% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEME-USDT | 0.0006155 | 0.0100 | pay 0.0050% / 4h | 3h 41m | — | $2.4M | — |
| Short | BloFin MEME-USDT | 0.0006153 | 0.0058 | get 0.0029% / 4h | 3h 41m | $129K | $6K | 50x |
BingX MEME-USDT
BloFin MEME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$8.74
- Price spread: −0.032% → +0.013%
- −$4.6
- Slippage, 4 orders
- −$49.99
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$85.33
- Costs to cover
- 0.720%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 15 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 BingX live order book, 3 min ago | 6.51 bp | 17.8 bp −$18 | 48.9 bp −$489 | 433.1 bp −$43.3K | 514.6 bp −$257.3K |
| Sell BloFin live order book, 15 min ago | 3.25 bp | 13.3 bp −$13 | 40.4 bp −$404 | 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 | 0.0006150 | −0.081% | — | — | 100x | as long as short |
| BloFin MEME-USDTshort | +0.0058% | 4h | 0.0006153 | −0.032% | $129K | $6K | 50x | |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006150 | −0.081% | $562K | $154K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006154 | −0.011% | $2.5M | $4.5M | 50x | as long as short |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006155 | 0.000% | $1.3M | $569K | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006150 | −0.081% | $641K | $2.0M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006148 | −0.114% | $426K | $74K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006154 | −0.016% | $922K | $343K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006148 | −0.114% | $184K | $53K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006156 | +0.016% | $444K | $760K | 25x | as long as short |
GMX MEME/USD [WBTC.b-USDC]
Hyperliquid MEME
Binance MEMEUSDT
Bybit MEMEUSDT
OKX MEME-USDT-SWAP
Gate MEME_USDT
MEXC MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MEME-USDTlong | +0.0100% | 4h | 0.0006155 | long leg | — | $2.4M | — |