Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.107%7-day average −0.072% · 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−$104as in the Price arb table
costs, in and out, $10k−$1001.005% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.107%, 7d avg −0.072%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.035% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MEUSDT | 0.07468 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $639K | $413K | 25x |
| Short | OKX ME-USDT-SWAP | 0.07460 | 0.0100 | get 0.0050% / 4h | 2h 01m | $491K | $1.1M | 20x |
Bitget MEUSDT
OKX ME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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: −0.107% → −0.072%
- −$3.51
- Slippage, 4 orders
- −$78.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$104.01
- Costs to cover
- 1.005%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 64 min ago; OKX: 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 Bitget live order book, 64 min ago | 4.03 bp | 25.8 bp −$26 | 185.3 bp −$1,853 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 4.69 bp | 23.9 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
ME on 12 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 | 0.07463 | −0.067% | $237K | $98K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07465 | −0.040% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07468 | −0.006% | $2.1M | $4.0M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07465 | −0.040% | $1.5M | $739K | 25x | as long as short |
| OKX ME-USDT-SWAPshort | +0.0100% | 4h | 0.07460 | −0.107% | $491K | $1.1M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07460 | −0.107% | $191K | $72K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07465 | −0.040% | $481K | $134K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07467 | −0.013% | $207K | $30K | 30x | as long as short |
| Bitget MEUSDTlong | +0.0100% | 4h | 0.07468 | long leg | $639K | $413K | 25x | |
| BingX ME-USDT | +0.0100% | 4h | 0.07461 | −0.094% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
BingX ME-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07464 | −0.058% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07460 | −0.110% | $26K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP