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: OKX against Binance−0.113%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$990.988% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.113%, 7d avg −0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.079% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEUSDT | 0.07482 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $2.1M | $4.0M | 50x |
| Short | OKX ME-USDT-SWAP | 0.07474 | 0.0100 | get 0.0050% / 4h | 1h 55m | $492K | $1.1M | 20x |
Binance MEUSDT
OKX ME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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: −0.113% → −0.034%
- −$7.88
- Slippage, 4 orders
- −$78.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$106.67
- Costs to cover
- 0.988%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; OKX: live order book, 1 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 Binance live order book, 11 min ago | 2.01 bp | 19.1 bp −$19 | 107.3 bp −$1,073 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 4.68 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.07479 | −0.046% | $237K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07480 | −0.026% | $13K | $20K | 5x | as long as short |
| Binance MEUSDTlong | +0.0100% | 4h | 0.07482 | long leg | $2.1M | $4.0M | 50x | |
| Bybit MEUSDT | +0.0100% | 4h | 0.07480 | −0.033% | $1.5M | $741K | 25x | as long as short |
| OKX ME-USDT-SWAPshort | +0.0100% | 4h | 0.07474 | −0.113% | $492K | $1.1M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07470 | −0.166% | $191K | $71K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07481 | −0.019% | $482K | $131K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07479 | −0.046% | $208K | $28K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07481 | −0.019% | $638K | $415K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07480 | −0.033% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDTShow 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 | +0.071% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07479 | −0.042% | $26K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP