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: BingX against BloFin+0.320%111s7-day average −0.011% · you sell dearer than you buy
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−$870.868% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.339%−$34 · spread now +0.320%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.332% dearer against BloFin than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.011%. 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 | BloFin MEME-USDT | 0.0006241 | 0.0041 | pay 0.0020% / 4h | 3h 31m | $127K | $6K | 50x |
| Short | BingX MEME-USDT | 0.0006261 | 0.0100 | get 0.0050% / 4h | 3h 31m | — | $2.4M | — |
BloFin MEME-USDT
BingX MEME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.320% → −0.011%
- $33.17
- Slippage, 4 orders
- −$64.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$41.2
- Costs to cover
- 0.868%
- Break-even
- 30.2 days
Slippage from BloFin: live order book, 58 min ago; BingX: live order book, 3 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, 58 min ago | 4.05 bp | 19.6 bp −$20 | 51.9 bp −$519 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.41 bp | 23.0 bp −$23 | 67.9 bp −$679 | 428.4 bp −$42.8K | 481.1 bp −$240.6K |
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 | 0.0006260 | +0.304% | — | — | 100x | as long as short |
| BloFin MEME-USDTlong | +0.0041% | 4h | 0.0006241 | long leg | $127K | $6K | 50x | |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006260 | +0.304% | $575K | $184K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006268 | +0.433% | $2.5M | $5.0M | 50x | as long as short |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006266 | +0.401% | $1.3M | $679K | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006264 | +0.369% | $626K | $2.1M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006254 | +0.208% | $440K | $77K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006261 | +0.320% | $914K | $416K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006262 | +0.336% | $187K | $48K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006262 | +0.336% | $450K | $777K | 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-USDTshort | +0.0100% | 4h | 0.0006261 | +0.320% | — | $2.4M | — |