Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.079%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1111.108% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.079%, 7d avg −0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.043% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MEUSDT | 0.07552 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $649K | $429K | 25x |
| Short | Binance MEUSDT | 0.07546 | 0.0100 | get 0.0050% / 4h | 3h 51m | $2.1M | $4.3M | 50x |
Bitget MEUSDT
Binance MEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.079% → −0.036%
- −$4.32
- Slippage, 4 orders
- −$88.76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$115.08
- Costs to cover
- 1.108%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 44 min ago; Binance: live order book, 15 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 Bitget live order book, 44 min ago | 5.93 bp | 25.7 bp −$26 | 220.7 bp −$2,207 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.32 bp | 17.0 bp −$17 | 69.7 bp −$697 | 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 | +0.0064% | 4h | 0.07550 | −0.026% | $1.5M | $851K | 25x | as long as short |
| BloFin ME-USDT | +0.0093% | 4h | 0.07543 | −0.119% | $107K | $9K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07546 | −0.079% | $235K | $133K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07546 | −0.079% | $13K | $21K | 5x | as long as short |
| Binance MEUSDTshort | +0.0100% | 4h | 0.07546 | −0.079% | $2.1M | $4.3M | 50x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07546 | −0.079% | $472K | $1.3M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07550 | −0.026% | $195K | $79K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07543 | −0.119% | $505K | $125K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07551 | −0.013% | $215K | $34K | 30x | as long as short |
| Bitget MEUSDTlong | +0.0100% | 4h | 0.07552 | long leg | $649K | $429K | 25x |
Bybit MEUSDT
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07549 | −0.040% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07558 | +0.076% | $11K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07544 | −0.108% | $27K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP