Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against BingX−0.175%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1471.467% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.175%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.161% cheaper against BingX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ME-USDT | 0.07433 | 0.0100 | pay 0.0050% / 4h | 0m 52s | — | $1.3M | — |
| Short | Gate ME_USDT | 0.07420 | 0.0100 | get 0.0100% / 8h | 0m 52s | $190K | $74K | 50x |
BingX ME-USDT
Gate ME_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.175% → −0.014%
- −$16.08
- Slippage, 4 orders
- −$121.67
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$162.75
- Costs to cover
- 1.467%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago | 4.72 bp | 23.0 bp −$23 | 94.9 bp −$949 | 503.6 bp −$50.4K | 722.3 bp −$361.2K |
| Sell Gate live order book, 5 min ago | 6.74 bp | 41.1 bp −$41 | doesn't fit | 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 | 0.07431 | −0.027% | $233K | $96K | 3x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07436 | +0.040% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07430 | −0.040% | $1.5M | $658K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07427 | −0.081% | $478K | $1.0M | 20x | as long as short |
| Gate ME_USDTshort | +0.0100% | 8h | 0.07420 | −0.175% | $190K | $74K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07434 | +0.013% | $507K | $132K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07433 | 0.000% | $207K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07430 | −0.040% | $646K | $409K | 25x | as long as short |
| BingX ME-USDTlong | +0.0100% | 4h | 0.07433 | long leg | — | $1.3M | — | |
| Variational Omni ME | +0.0100% | 4h | 0.07431 | −0.027% | $12K | $2K | — | as long as short |
Hyperliquid ME
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
Variational Omni MEShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0141% | 4h | 0.07425 | −0.108% | $108K | $7K | 50x | as long as short |
| Aster MEUSDT | +0.0184% | 4h | 0.07426 | −0.091% | $17K | $11K | 5x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07432 | −0.014% | $26K | — | 15x | as long as short |
BloFin ME-USDT
Aster MEUSDT
Reya MERUSDPERP