Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against BingX+0.013%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$910.910% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.013%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ME-USDT | 0.07556 | 0.0100 | pay 0.0050% / 4h | 3h 27m | — | $1.3M | — |
| Short | BloFin ME-USDT | 0.07557 | 0.0132 | get 0.0066% / 4h | 3h 27m | $110K | $8K | 50x |
BingX ME-USDT
BloFin ME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $6.71
- Price spread: +0.013% → −0.006%
- $1.91
- Slippage, 4 orders
- −$68.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$82.34
- Costs to cover
- 0.910%
- Break-even
- 92.9 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 61 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 BingX live order book, 4 min ago | 5.95 bp | 22.5 bp −$23 | 79.4 bp −$794 | 573.0 bp −$57.3K | 806.6 bp −$403.3K |
| Sell BloFin live order book, 61 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ME | +0.0100% | 1h | 0.07558 | +0.026% | $236K | $110K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07558 | +0.028% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07557 | +0.013% | $2.2M | $4.1M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07558 | +0.026% | $1.6M | $787K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07552 | −0.053% | $484K | $1.1M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07550 | −0.079% | $193K | $71K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07555 | −0.013% | $501K | $130K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07562 | +0.079% | $215K | $31K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07561 | +0.066% | $651K | $438K | 25x | as long as short |
| BingX ME-USDTlong | +0.0100% | 4h | 0.07556 | long leg | — | $1.3M | — |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow 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 | +0.168% | $12K | $2K | — | as long as short |
| BloFin ME-USDTshort | +0.0132% | 4h | 0.07557 | +0.013% | $110K | $8K | 50x | |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07553 | −0.045% | $27K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP