Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.070%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$760.765% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.070%, 7d avg +0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.051% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MEME-USDT-SWAP | 0.0006150 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $641K | $2.0M | 20x |
| Short | Binance MEMEUSDT | 0.0006154 | 0.0100 | get 0.0050% / 4h | 3h 41m | $2.5M | $4.5M | 50x |
OKX MEME-USDT-SWAP
Binance MEMEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $0
- Price spread: +0.070% → +0.019%
- $5.11
- Slippage, 4 orders
- −$56.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$71.35
- Costs to cover
- 0.765%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 11 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 OKX live order book, 1 min ago | 3.25 bp | 15.9 bp −$16 | 1221.6 bp −$12.2K | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.81 bp | 20.0 bp −$20 | 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 | 0.0006150 | 0.000% | — | — | 100x | as long as short |
| BloFin MEME-USDT | +0.0058% | 4h | 0.0006153 | +0.049% | $129K | $6K | 50x | as long as short |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006150 | 0.000% | $562K | $154K | 3x | as long as short |
| Binance MEMEUSDTshort | +0.0100% | 4h | 0.0006154 | +0.070% | $2.5M | $4.5M | 50x | |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006155 | +0.081% | $1.3M | $569K | 50x | as long as short |
| OKX MEME-USDT-SWAPlong | +0.0100% | 4h | 0.0006150 | long leg | $641K | $2.0M | 20x | |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006148 | −0.033% | $426K | $74K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006154 | +0.065% | $922K | $343K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006148 | −0.033% | $184K | $53K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006156 | +0.098% | $444K | $760K | 25x | as long as short |
GMX MEME/USD [WBTC.b-USDC]
BloFin MEME-USDT
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 | 0.0006155 | +0.081% | — | $2.4M | — | as long as short |
BingX MEME-USDT