Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.080%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$960.960% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.080%, 7d avg +0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.026% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ME-USDT-SWAP | 0.07469 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $492K | $1.1M | 20x |
| Short | BingX ME-USDT | 0.07475 | 0.0100 | get 0.0050% / 4h | 1h 54m | — | $1.3M | — |
OKX ME-USDT-SWAP
BingX ME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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: +0.080% → +0.055%
- $2.55
- Slippage, 4 orders
- −$76.03
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$93.48
- Costs to cover
- 0.960%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 7 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 OKX live order book, 2 min ago | 4.68 bp | 31.0 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 5.36 bp | 20.1 bp −$20 | 66.3 bp −$663 | 580.3 bp −$58.0K | 796.3 bp −$398.1K |
ME on 12 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 | 0.07478 | +0.120% | $237K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07479 | +0.140% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07468 | −0.013% | $2.1M | $4.0M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07473 | +0.054% | $1.5M | $741K | 25x | as long as short |
| OKX ME-USDT-SWAPlong | +0.0100% | 4h | 0.07469 | long leg | $492K | $1.1M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07470 | +0.013% | $191K | $71K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07481 | +0.161% | $482K | $131K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07478 | +0.120% | $208K | $28K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07469 | 0.000% | $637K | $415K | 25x | as long as short |
| BingX ME-USDTshort | +0.0100% | 4h | 0.07475 | +0.080% | — | $1.3M | — |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07488 | +0.251% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07462 | −0.097% | $26K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP