Funding you earn now, next payment 00:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.039%
Price spread now: Reya against Bybit+0.062%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Reya is 0.062% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEUSDT | 0.07429 | 0.0100 | pay 0.0050% / 4h | 43m 28s | $1.5M | $647K | 25x |
| Short | Reya MERUSDPERP | 0.07434 | 0.0228 | get 0.0028% / 1h | 43m 28s | $26K | — | 15x |
Bybit MEUSDT
Reya MERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Bybit. 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
- $26.83
- Price spread: +0.062% → 0.000%
- $6.15
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $15.98
- Costs to cover
- 0.170%
- Break-even
- 2.8 days
Slippage unknown: Bybit: live order book, 3 min ago; Reya: no order-book sample. Net counts fees only.
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 Bybit live order book, 3 min ago | 5.38 bp | 45.7 bp −$46 | 197.9 bp −$1,979 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.07439 | +0.135% | $234K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07434 | +0.065% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07435 | +0.081% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDTlong | +0.0100% | 4h | 0.07429 | long leg | $1.5M | $647K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07436 | +0.094% | $478K | $1.0M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07430 | +0.013% | $190K | $74K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07439 | +0.135% | $505K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07445 | +0.215% | $208K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07440 | +0.148% | $647K | $416K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07436 | +0.094% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
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 | 0.07437 | +0.102% | $11K | $790 | — | as long as short |
| BloFin ME-USDT | +0.0147% | 4h | 0.07436 | +0.094% | $108K | $7K | 50x | as long as short |
| Reya MERUSDPERPshort | +0.0228% | 1h | 0.07434 | +0.062% | $26K | — | 15x |
Variational Omni ME
BloFin ME-USDT