Settings8H · net · $10k
Funding arb · Price arb /

ME

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bitget−0.094%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2122.121% of the position
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)+0.063%+$6 · spread now −0.094%, 7d avg −0.033%
Together, before fees+0.091%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.061% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MEUSDT0.074770.0100pay 0.0050% / 4h1h 40m$637K$414K25x
ShortGate ME_USDT0.074700.0100get 0.0100% / 8h5h 40m$191K$71K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$0
Price spread: −0.094% → −0.033%
−$6.07
Slippage, 4 orders
−$185.15
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$218.21
Costs to cover
2.121%
Break-even
never at this rate
Slippage from Bitget: live order book, 20 min ago; Gate: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 20 min ago7.35 bp30.7 bp −$31180.6 bp −$1,806doesn't fitdoesn't fit
Sell Gate live order book, 16 min ago6.68 bp104.4 bp −$104doesn't fitdoesn't fitdoesn't fit

ME on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ME-USDT+0.0042%4h0.07468−0.120%$109K$8K50xas long as short
Hyperliquid ME+0.0100%1h0.07471−0.080%$237K$99K3xas long as short
Aster MEUSDT+0.0100%4h0.07474−0.044%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07472−0.070%$2.1M$3.9M50xas long as short
Bybit MEUSDT+0.0100%4h0.07473−0.053%$1.5M$741K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07470−0.094%$493K$1.1M20xas long as short
Gate ME_USDTshort+0.0100%8h0.07470−0.094%$191K$71K50x
MEXC ME_USDT+0.0100%4h0.07472−0.067%$481K$132K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07476−0.013%$208K$28K30xas long as short
Bitget MEUSDTlong+0.0100%4h0.07477long leg$637K$414K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07473−0.053%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07469−0.106%$12K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07469−0.104%$26K15xas long as short