Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Gate+0.129%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.129%, 7d avg +0.017%
=The price spread pays, funding is against you. BloFin is 0.112% dearer against Gate than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of +0.017%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEME_USDT | 0.0006204 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $437K | $87K | 20x |
| Short | BloFin MEME-USDT | 0.0006212 | 0.0074 | get 0.0037% / 4h | 2h 43m | $128K | $6K | 50x |
Gate MEME_USDT
BloFin MEME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$5.36
- Price spread: +0.129% → +0.017%
- $11.2
- Slippage, 4 orders
- −$82.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103.41
- Costs to cover
- 1.093%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 36 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 Gate live order book, 3 min ago | 6.42 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 4.00 bp | 17.4 bp −$17 | 63.4 bp −$634 | 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 | 0.0006200 | −0.064% | — | — | 100x | as long as short |
| BloFin MEME-USDTshort | +0.0074% | 4h | 0.0006212 | +0.129% | $128K | $6K | 50x | |
| Bybit MEMEUSDT | +0.0087% | 4h | 0.0006200 | −0.064% | $1.3M | $703K | 50x | as long as short |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006210 | +0.097% | $559K | $193K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006202 | −0.032% | $2.5M | $5.1M | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006204 | 0.000% | $631K | $2.1M | 20x | as long as short |
| Gate MEME_USDTlong | +0.0100% | 4h | 0.0006204 | long leg | $437K | $87K | 20x | |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006201 | −0.048% | $848K | $442K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006209 | +0.081% | $184K | $47K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006206 | +0.032% | $478K | $816K | 25x | as long as short |
GMX MEME/USD [WBTC.b-USDC]
Bybit MEMEUSDT
Hyperliquid MEME
Binance MEMEUSDT
OKX MEME-USDT-SWAP
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 | 0.0006204 | 0.000% | — | $2.4M | — | as long as short |
BingX MEME-USDT