ME

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against Bitget+0.106%75s7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1081.084% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.106%, 7d avg −0.028%

Together, before fees−0.028%−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.134% dearer against Bitget than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of −0.028%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.027% in total) that is about 35 days. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MEUSDT	0.07539	0.0100	pay 0.0050% / 4h	41m 58s	$654K	$425K	25x
Short	BloFin ME-USDT	0.07547	0.0060	get 0.0030% / 4h	41m 58s	$110K	$8K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$8.45
Price spread: +0.106% → −0.028%: $13.43
Slippage, 4 orders: −$84.38
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$103.4
Costs to cover: 1.084%
Break-even: never at this rate

Slippage from Bitget: live order book, 13 min ago; BloFin: live order book, 53 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 Bitget live order book, 13 min ago	5.98 bp	29.5 bp −$29	261.0 bp −$2,610	doesn't fit	doesn't fit
Sell BloFin live order book, 53 min ago	4.02 bp	21.9 bp −$22	49.8 bp −$498	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
BloFin ME-USDTshort	+0.0060%	4h	0.07547	+0.106%	$110K	$8K	50x
Hyperliquid ME	+0.0100%	1h	0.07530	−0.119%	$238K	$109K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07530	−0.122%	$13K	$20K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07528	−0.140%	$2.2M	$4.0M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07532	−0.093%	$1.6M	$771K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07530	−0.119%	$488K	$1.1M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07530	−0.119%	$192K	$70K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07527	−0.159%	$500K	$131K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	0.07531	−0.106%	$209K	$29K	30x	as long as short
Bitget MEUSDTlong	+0.0100%	4h	0.07539	long leg	$654K	$425K	25x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ME-USDT	+0.0100%	4h	0.07539	0.000%	—	$1.3M	—	as long as short
Variational Omni ME	+0.0100%	4h	0.07530	−0.125%	$12K	$2K	—	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07523	−0.210%	$26K	—	15x	as long as short