ME

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.004%

Price spread now: Bybit against BloFin−0.331%92s7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$138as 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−$1391.393% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 4 days (all we have)+0.351%+$35 · spread now −0.331%, 7d avg +0.027%

Together, before fees+0.364%+$36 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.358% cheaper against BloFin than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of +0.027%. The two prices were read 92 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	BloFin ME-USDT	0.07554	0.0096	pay 0.0048% / 4h	3h 23m	$109K	$8K	50x
Short	Bybit MEUSDT	0.07529	0.0100	get 0.0050% / 4h	3h 23m	$1.6M	$788K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.331%Rate

Funding earned: $0.82
Price spread: −0.331% → +0.027%: −$35.8
Slippage, 4 orders: −$116.28
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$174.26
Costs to cover: 1.393%
Break-even: 1497.6 days

Slippage from BloFin: live order book, 65 min ago; Bybit: live order book, 3 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 BloFin live order book, 65 min ago	1.98 bp	29.3 bp −$29	72.0 bp −$720	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	4.63 bp	48.8 bp −$49	350.6 bp −$3,506	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-USDTlong	+0.0096%	4h	0.07554	long leg	$109K	$8K	50x
Hyperliquid ME	+0.0100%	1h	0.07530	−0.318%	$235K	$109K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07529	−0.333%	$13K	$20K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07529	−0.331%	$2.2M	$4.1M	50x	as long as short
Bybit MEUSDTshort	+0.0100%	4h	0.07529	−0.331%	$1.6M	$788K	25x
OKX ME-USDT-SWAP	+0.0100%	4h	0.07520	−0.450%	$472K	$1.2M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07520	−0.450%	$191K	$71K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07529	−0.331%	$499K	$130K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	0.07538	−0.212%	$214K	$31K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07530	−0.318%	$648K	$438K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ME-USDT	+0.0100%	4h	0.07527	−0.357%	—	$1.3M	—	as long as short
Variational Omni ME	+0.0100%	4h	0.07561	+0.094%	$12K	$2K	—	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07531	−0.303%	$27K	—	15x	as long as short