Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX−0.027%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$970.971% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.027%, 7d avg −0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.026% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ME-USDT | 0.07317 | 0.0100 | pay 0.0050% / 4h | 1h 14m | — | $1.3M | — |
| Short | OKX ME-USDT-SWAP | 0.07315 | 0.0100 | get 0.0050% / 4h | 1h 14m | $460K | $981K | 20x |
BingX ME-USDT
OKX ME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.027% → −0.054%
- $2.65
- Slippage, 4 orders
- −$77.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$94.43
- Costs to cover
- 0.971%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; OKX: live order book, 2 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, 7 min ago | 4.79 bp | 23.2 bp −$23 | 107.4 bp −$1,074 | 621.0 bp −$62.1K | 842.0 bp −$421.0K |
| Sell OKX live order book, 2 min ago | 1.37 bp | 28.7 bp −$29 | 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 | 0.07312 | −0.068% | $230K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07313 | −0.050% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07314 | −0.041% | $2.1M | $3.8M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07316 | −0.014% | $1.5M | $644K | 25x | as long as short |
| OKX ME-USDT-SWAPshort | +0.0100% | 4h | 0.07315 | −0.027% | $460K | $981K | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07310 | −0.096% | $189K | $74K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07315 | −0.027% | $492K | $130K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07313 | −0.055% | $204K | $26K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07319 | +0.027% | $636K | $416K | 25x | as long as short |
| BingX ME-USDTlong | +0.0100% | 4h | 0.07317 | long leg | — | $1.3M | — |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
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 | 0.07318 | +0.008% | $11K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0122% | 4h | 0.07318 | +0.014% | $106K | $7K | 50x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07314 | −0.048% | $26K | — | 15x | as long as short |
Variational Omni ME
BloFin ME-USDT
Reya MERUSDPERP