Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.19 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against KuCoin−0.026%80s7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$491as 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−$4854.849% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now −0.026%, 7d avg −0.043%
=The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 80 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 | KuCoin MEUSDTM | 0.07558 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $214K | $31K | 30x |
| Short | BloFin ME-USDT | 0.07556 | 0.0061 | get 0.0031% / 4h | 3h 43m | $110K | $8K | 50x |
KuCoin MEUSDTM
BloFin ME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$8.16
- Price spread: −0.026% → −0.043%
- $1.68
- Slippage, 4 orders
- −$460.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$491.35
- Costs to cover
- 4.849%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 27 min ago; BloFin: live order book, 44 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 KuCoin live order book, 27 min ago | 23.67 bp | 225.6 bp −$226 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 44 min ago | 1.98 bp | 18.4 bp −$18 | 53.7 bp −$537 | 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-USDTshort | +0.0061% | 4h | 0.07556 | −0.026% | $110K | $8K | 50x | |
| Hyperliquid ME | +0.0100% | 1h | 0.07553 | −0.066% | $236K | $110K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07548 | −0.132% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07552 | −0.081% | $2.2M | $4.1M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07551 | −0.093% | $1.6M | $781K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07546 | −0.159% | $488K | $1.1M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07550 | −0.106% | $193K | $71K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07550 | −0.106% | $501K | $129K | 20x | as long as short |
| KuCoin MEUSDTMlong | +0.0100% | 4h | 0.07558 | long leg | $214K | $31K | 30x | |
| Bitget MEUSDT | +0.0100% | 4h | 0.07553 | −0.066% | $654K | $434K | 25x | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
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 | 0.07548 | −0.132% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07561 | +0.035% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07540 | −0.235% | $27K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP