Funding you earn now, next payment 12:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h +0.001%
Price spread now: BloFin against Gate−0.197%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1371.372% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.197%, 7d avg −0.003%
=Funding pays, the price is against you. BloFin is 0.194% cheaper against Gate than usual: you would sell low and buy high (spread −0.197% now, against its 7-day average of −0.003%). If the spread goes back, that is −$19 on $10k: about 11 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ME_USDT | 0.07610 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $200K | $79K | 50x |
| Short | BloFin ME-USDT | 0.07595 | 0.0157 | get 0.0078% / 4h | 1h 55m | $107K | $10K | 50x |
Gate ME_USDT
BloFin ME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $11.95
- Price spread: −0.197% → −0.003%
- −$19.43
- Slippage, 4 orders
- −$110.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$144.7
- Costs to cover
- 1.372%
- Break-even
- 91.8 days
Slippage from Gate: live order book, 51 min ago; BloFin: live order book, 47 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 Gate live order book, 51 min ago | 13.19 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 47 min ago | 1.32 bp | 18.1 bp −$18 | 55.6 bp −$556 | doesn't fit | doesn't fit |
ME on 13 exchanges
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 | 0.07589 | −0.276% | $236K | $113K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07603 | −0.093% | $13K | $22K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07594 | −0.210% | $2.1M | $4.2M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07592 | −0.237% | $1.6M | $869K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07588 | −0.289% | $478K | $1.2M | 20x | as long as short |
| Gate ME_USDTlong | +0.0100% | 8h | 0.07610 | long leg | $200K | $79K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07591 | −0.250% | $503K | $119K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07608 | −0.026% | $217K | $33K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07601 | −0.118% | $657K | $414K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07597 | −0.171% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07600 | −0.131% | $8K | $5K | — | as long as short |
| BloFin ME-USDTshort | +0.0157% | 4h | 0.07595 | −0.197% | $107K | $10K | 50x | |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07585 | −0.333% | $27K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP