Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin−0.032%61s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as 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−$860.865% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.032%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 61 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 | BloFin MEME-USDT | 0.0006241 | 0.0041 | pay 0.0020% / 4h | 3h 32m | $127K | $6K | 50x |
| Short | Binance MEMEUSDT | 0.0006239 | 0.0100 | get 0.0050% / 4h | 3h 32m | $2.5M | $5.0M | 50x |
BloFin MEME-USDT
Binance MEMEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $12.41
- Price spread: −0.032% → −0.015%
- −$1.66
- Slippage, 4 orders
- −$64.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$75.71
- Costs to cover
- 0.865%
- Break-even
- 49.7 days
Slippage from BloFin: live order book, 57 min ago; Binance: live order book, 5 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 BloFin live order book, 57 min ago | 4.05 bp | 19.6 bp −$20 | 51.9 bp −$519 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.21 bp | 24.8 bp −$25 | 104.1 bp −$1,041 | 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 | 0.0006230 | −0.176% | — | — | 100x | as long as short |
| BloFin MEME-USDTlong | +0.0041% | 4h | 0.0006241 | long leg | $127K | $6K | 50x | |
| OKX MEME-USDT-SWAP | +0.0099% | 4h | 0.0006228 | −0.208% | $624K | $2.0M | 20x | as long as short |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006230 | −0.176% | $572K | $184K | 3x | as long as short |
| Binance MEMEUSDTshort | +0.0100% | 4h | 0.0006239 | −0.032% | $2.5M | $5.0M | 50x | |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006232 | −0.144% | $1.3M | $678K | 50x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006236 | −0.080% | $438K | $77K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006241 | 0.000% | $905K | $416K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006237 | −0.064% | $186K | $48K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006234 | −0.112% | $448K | $777K | 25x | as long as short |
GMX MEME/USD [WBTC.b-USDC]
OKX MEME-USDT-SWAP
Hyperliquid MEME
Bybit MEMEUSDT
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-USDT | +0.0100% | 4h | 0.0006237 | −0.064% | — | $2.4M | — | as long as short |
BingX MEME-USDT