Funding you earn now, next payment 20:00 UTC−0.0032%/8hnext payment −$0.16 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance−0.324%101s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as 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−$700.702% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.335%+$33 · spread now −0.324%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.338% cheaper against Binance than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 101 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 | Binance MEUSDT | 0.07397 | 0.0100 | pay 0.0050% / 4h | 27m 33s | $2.1M | $3.7M | 50x |
| Short | BloFin ME-USDT | 0.07373 | 0.0068 | get 0.0034% / 4h | 27m 33s | $112K | $7K | 50x |
Binance MEUSDT
BloFin ME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$6.74
- Price spread: −0.324% → +0.013%
- −$33.76
- Slippage, 4 orders
- −$48.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$110.68
- Costs to cover
- 0.702%
- Break-even
- never at this rate
Slippage from Binance: live order book, 19 min ago; BloFin: live order book, 16 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 Binance live order book, 19 min ago | 2.03 bp | 17.3 bp −$17 | 77.0 bp −$770 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 1.35 bp | 19.7 bp −$20 | 44.6 bp −$446 | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDTshort | +0.0068% | 4h | 0.07373 | −0.324% | $112K | $7K | 50x | |
| OKX ME-USDT-SWAP | +0.0085% | 4h | 0.07395 | −0.027% | $473K | $972K | 20x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07398 | +0.014% | $232K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07398 | +0.014% | $24K | $5K | 5x | as long as short |
| Binance MEUSDTlong | +0.0100% | 4h | 0.07397 | long leg | $2.1M | $3.7M | 50x | |
| Bybit MEUSDT | +0.0100% | 4h | 0.07397 | 0.000% | $1.5M | $614K | 25x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07400 | +0.041% | $202K | $65K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07396 | −0.014% | $495K | $126K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07398 | +0.014% | $206K | $28K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07402 | +0.068% | $642K | $415K | 25x | as long as short |
OKX ME-USDT-SWAP
Hyperliquid ME
Aster MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07397 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07373 | −0.325% | $11K | $1K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07397 | −0.003% | $26K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP