ME

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against BingX+0.215%66s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as 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−$860.857% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.215%, 7d avg −0.006%

Together, before fees−0.261%−$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.221% dearer against BingX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour. The two prices were read 66 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	BingX ME-USDT	0.07443	0.0100	pay 0.0050% / 4h	2h 30m	—	$1.3M	—
Short	BloFin ME-USDT	0.07459	0.0146	get 0.0073% / 4h	2h 30m	$108K	$9K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BloFinbpOrdersPrice spread, now +0.215%Rate

Funding earned: $9.64
Price spread: +0.215% → −0.006%: $22.08
Slippage, 4 orders: −$63.67
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$53.94
Costs to cover: 0.857%
Break-even: 46.2 days

Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 48 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 BingX live order book, 11 min ago	4.70 bp	21.8 bp −$22	61.4 bp −$614	574.2 bp −$57.4K	827.2 bp −$413.6K
Sell BloFin live order book, 48 min ago	3.33 bp	22.9 bp −$23	46.2 bp −$462	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
Bybit MEUSDT	+0.0031%	4h	0.07442	−0.013%	$1.5M	$811K	25x	as long as short
Hyperliquid ME	+0.0100%	1h	0.07447	+0.054%	$233K	$110K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07458	+0.196%	$13K	$21K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07447	+0.054%	$2.1M	$4.1M	50x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07434	−0.121%	$469K	$1.2M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07460	+0.228%	$193K	$74K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07444	+0.013%	$493K	$130K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	0.07463	+0.269%	$214K	$32K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07453	+0.134%	$638K	$436K	25x	as long as short
BingX ME-USDTlong	+0.0100%	4h	0.07443	long leg	—	$1.3M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ME	+0.0100%	4h	0.07437	−0.076%	$12K	$2K	—	as long as short
BloFin ME-USDTshort	+0.0146%	4h	0.07459	+0.215%	$108K	$9K	50x
Reya MERUSDPERP	+0.0228%	1h	0.07443	−0.002%	$26K	—	15x	as long as short