Funding you earn now, next payment 04:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.32 per $10,000 · paid last 24h −0.005%
Price spread now: OKX against Aster−0.081%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.081% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MEUSDT | 0.07430 | 0.0163 | pay 0.0082% / 4h | 3h 36m | $17K | $11K | 5x |
| Short | OKX ME-USDT-SWAP | 0.07424 | 0.0100 | get 0.0050% / 4h | 3h 36m | $480K | $1.0M | 20x |
Aster MEUSDT
OKX ME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Aster. 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
- −$13.3
- Price spread: −0.081% → 0.000%
- −$8.05
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$39.35
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; OKX: live order book, 5 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 Aster no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 5 min ago | 4.72 bp | 23.2 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
Aster: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0072% | 4h | 0.07424 | −0.081% | $110K | $7K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07429 | −0.013% | $234K | $95K | 3x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07430 | +0.003% | $2.2M | $3.9M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07428 | −0.027% | $1.5M | $667K | 25x | as long as short |
| OKX ME-USDT-SWAPshort | +0.0100% | 4h | 0.07424 | −0.081% | $480K | $1.0M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07430 | 0.000% | $190K | $73K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07430 | 0.000% | $507K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07430 | 0.000% | $207K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07432 | +0.027% | $641K | $411K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07431 | +0.014% | — | $1.3M | — | as long as short |
BloFin ME-USDT
Hyperliquid ME
Binance MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
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 | 0.07428 | −0.022% | $12K | $2K | — | as long as short |
| Aster MEUSDTlong | +0.0163% | 4h | 0.07430 | long leg | $17K | $11K | 5x | |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07430 | +0.005% | $26K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP