Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against BloFin−0.129%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$730.729% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.129%, 7d avg −0.036%
=Funding pays, the price is against you. OKX is 0.094% cheaper against BloFin than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of −0.036%). If the spread goes back, that is −$9 on $10k: about 9.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MEME-USDT | 0.0006180 | 0.0068 | pay 0.0034% / 4h | 1h 14m | $98K | $6K | 50x |
| Short | OKX MEME-USDT-SWAP | 0.0006172 | 0.0100 | get 0.0050% / 4h | 1h 14m | $628K | $2.1M | 20x |
BloFin MEME-USDT
OKX MEME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $6.76
- Price spread: −0.129% → −0.036%
- −$9.39
- Slippage, 4 orders
- −$50.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$75.5
- Costs to cover
- 0.729%
- Break-even
- 85.2 days
Slippage from BloFin: live order book, 22 min ago; OKX: 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, 22 min ago | 3.24 bp | 18.6 bp −$19 | 47.3 bp −$473 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.62 bp | 20.0 bp −$20 | doesn't fit | 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 | −0.162% | — | — | 100x | as long as short |
| BloFin MEME-USDTlong | +0.0068% | 4h | 0.0006180 | long leg | $98K | $6K | 50x | |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006180 | 0.000% | $564K | $160K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006180 | −0.002% | $2.5M | $4.8M | 50x | as long as short |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006183 | +0.049% | $1.2M | $643K | 50x | as long as short |
| OKX MEME-USDT-SWAPshort | +0.0100% | 4h | 0.0006172 | −0.129% | $628K | $2.1M | 20x | |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006183 | +0.049% | $433K | $81K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006181 | +0.016% | $852K | $391K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006188 | +0.129% | $186K | $49K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006179 | −0.016% | $444K | $757K | 25x | as long as short |
GMX MEME/USD [WBTC.b-USDC]
Hyperliquid MEME
Binance MEMEUSDT
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 | 0.0006184 | +0.065% | — | $2.4M | — | as long as short |
BingX MEME-USDT