Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.055%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$880.883% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.115%+$12 · spread now −0.055%, 7d avg −0.073%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MEUSDT | 0.07319 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $636K | $416K | 25x |
| Short | OKX ME-USDT-SWAP | 0.07315 | 0.0100 | get 0.0050% / 4h | 1h 14m | $460K | $981K | 20x |
Bitget MEUSDT
OKX ME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.055% → −0.073%
- $1.81
- Slippage, 4 orders
- −$66.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.47
- Costs to cover
- 0.883%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 3.41 bp | 17.6 bp −$18 | 112.4 bp −$1,124 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.37 bp | 28.7 bp −$29 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ME | +0.0100% | 1h | 0.07312 | −0.096% | $230K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07313 | −0.078% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07310 | −0.123% | $2.1M | $3.8M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07316 | −0.041% | $1.5M | $644K | 25x | as long as short |
| OKX ME-USDT-SWAPshort | +0.0100% | 4h | 0.07315 | −0.055% | $460K | $981K | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07310 | −0.123% | $189K | $74K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07315 | −0.055% | $492K | $130K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07313 | −0.082% | $204K | $26K | 30x | as long as short |
| Bitget MEUSDTlong | +0.0100% | 4h | 0.07319 | long leg | $636K | $416K | 25x | |
| BingX ME-USDT | +0.0100% | 4h | 0.07317 | −0.027% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
BingX ME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07318 | −0.019% | $11K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0122% | 4h | 0.07318 | −0.014% | $106K | $7K | 50x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07314 | −0.075% | $26K | — | 15x | as long as short |
Variational Omni ME
BloFin ME-USDT
Reya MERUSDPERP