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: OKX against BingX−0.067%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$960.960% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.067%, 7d avg −0.055%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ME-USDT | 0.07468 | 0.0100 | pay 0.0050% / 4h | 1h 54m | — | $1.3M | — |
| Short | OKX ME-USDT-SWAP | 0.07463 | 0.0100 | get 0.0050% / 4h | 1h 54m | $492K | $1.1M | 20x |
BingX ME-USDT
OKX ME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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: −0.067% → −0.055%
- −$1.22
- Slippage, 4 orders
- −$76.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$97.24
- Costs to cover
- 0.960%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; OKX: live order book, 2 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, 7 min ago | 5.36 bp | 22.1 bp −$22 | 84.1 bp −$841 | 652.1 bp −$65.2K | 894.4 bp −$447.2K |
| Sell OKX live order book, 2 min ago | 4.68 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
ME on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ME | +0.0100% | 1h | 0.07468 | 0.000% | $237K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07479 | +0.150% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07466 | −0.027% | $2.1M | $4.0M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07473 | +0.067% | $1.5M | $741K | 25x | as long as short |
| OKX ME-USDT-SWAPshort | +0.0100% | 4h | 0.07463 | −0.067% | $492K | $1.1M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07470 | +0.027% | $191K | $71K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07470 | +0.027% | $481K | $131K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07474 | +0.080% | $207K | $28K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07468 | 0.000% | $637K | $415K | 25x | as long as short |
| BingX ME-USDTlong | +0.0100% | 4h | 0.07468 | long leg | — | $1.3M | — |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07488 | +0.265% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07462 | −0.084% | $26K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP