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: BingX against BloFin+0.119%96s7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as 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−$1071.069% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.119%, 7d avg +0.005%

Together, before fees−0.140%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.113% dearer against BloFin than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.005%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you. The two prices were read 96 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	BloFin ME-USDT	0.07585	0.0140	pay 0.0070% / 4h	19m 43s	$110K	$8K	50x
Short	BingX ME-USDT	0.07594	0.0100	get 0.0050% / 4h	19m 43s	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now +0.119%Rate

Funding earned: −$8.43
Price spread: +0.119% → +0.005%: $11.33
Slippage, 4 orders: −$84.87
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$103.97
Costs to cover: 1.069%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; BingX: live order book, 11 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 BloFin live order book, 9 min ago	1.98 bp	29.3 bp −$29	72.0 bp −$720	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	5.95 bp	26.9 bp −$27	88.4 bp −$884	596.1 bp −$59.6K	846.0 bp −$423.0K

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	0.07578	−0.092%	$240K	$108K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07584	−0.014%	$13K	$20K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07580	−0.069%	$2.2M	$4.0M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07584	−0.013%	$1.6M	$775K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07573	−0.158%	$489K	$1.1M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07580	−0.066%	$193K	$71K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07580	−0.066%	$503K	$132K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	0.07597	+0.158%	$211K	$30K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07591	+0.079%	$659K	$429K	25x	as long as short
BingX ME-USDTshort	+0.0100%	4h	0.07594	+0.119%	—	$1.3M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ME	+0.0100%	4h	0.07586	+0.014%	$12K	$2K	—	as long as short
BloFin ME-USDTlong	+0.0140%	4h	0.07585	long leg	$110K	$8K	50x
Reya MERUSDPERP	+0.0228%	1h	0.07583	−0.031%	$27K	—	15x	as long as short