Funding you earn now, next payment 08:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.038%
Price spread now: KuCoin against Reya+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. KuCoin is 0.039% dearer against Reya than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MERUSDPERP | 0.07575 | 0.0228 | pay 0.0028% / 1h | 33m 52s | $27K | — | 15x |
| Short | KuCoin MEUSDTM | 0.07578 | 0.0100 | get 0.0050% / 4h | 33m 52s | $216K | $34K | 30x |
Reya MERUSDPERP
KuCoin MEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Reya. 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: +0.039% → 0.000%
- $3.93
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$40.9
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 67 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 67 min ago | 31.90 bp | 249.6 bp −$250 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.07576 | +0.013% | $242K | $126K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07572 | −0.044% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07577 | +0.026% | $2.2M | $4.3M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07578 | +0.039% | $1.6M | $856K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07579 | +0.053% | $477K | $1.3M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07570 | −0.066% | $199K | $78K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07575 | 0.000% | $505K | $132K | 20x | as long as short |
| KuCoin MEUSDTMshort | +0.0100% | 4h | 0.07578 | +0.039% | $216K | $34K | 30x | |
| Bitget MEUSDT | +0.0100% | 4h | 0.07580 | +0.066% | $650K | $429K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07578 | +0.039% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
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 | 0.07569 | −0.086% | $11K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0123% | 4h | 0.07566 | −0.119% | $108K | $9K | 50x | as long as short |
| Reya MERUSDPERPlong | +0.0228% | 1h | 0.07575 | long leg | $27K | — | 15x |
Variational Omni ME
BloFin ME-USDT