Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate+0.027%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2102.101% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.027%, 7d avg +0.035%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ME_USDT | 0.07520 | 0.0100 | pay 0.0100% / 8h | 3h 01m | $191K | $72K | 50x |
| Short | Bybit MEUSDT | 0.07522 | 0.0100 | get 0.0050% / 4h | 3h 01m | $1.6M | $792K | 25x |
Gate ME_USDT
Bybit MEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.027% → +0.035%
- −$0.82
- Slippage, 4 orders
- −$184.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$210.92
- Costs to cover
- 2.101%
- Break-even
- never at this rate
Slippage from Gate: live order book, 45 min ago; Bybit: live order book, 4 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, 45 min ago | 6.61 bp | 39.5 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.32 bp | 48.8 bp −$49 | 248.0 bp −$2,480 | 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-USDT | +0.0099% | 4h | 0.07529 | +0.120% | $108K | $8K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07522 | +0.027% | $235K | $110K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07522 | +0.020% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07520 | +0.006% | $2.1M | $4.1M | 50x | as long as short |
| Bybit MEUSDTshort | +0.0100% | 4h | 0.07522 | +0.027% | $1.6M | $792K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07517 | −0.040% | $477K | $1.2M | 20x | as long as short |
| Gate ME_USDTlong | +0.0100% | 8h | 0.07520 | long leg | $191K | $72K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07525 | +0.066% | $499K | $132K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07525 | +0.066% | $213K | $31K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07523 | +0.040% | $646K | $433K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07526 | +0.080% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07532 | +0.162% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07528 | +0.103% | $26K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP