ME

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.003%

Price spread now: OKX against BloFin+0.135%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$850.852% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 3 days (all we have)−0.191%−$19 · spread now +0.135%, 7d avg −0.053%

Together, before fees−0.172%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.187% dearer against BloFin than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of −0.053%): +$19 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 38 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ME-USDT	0.07432	0.0116	pay 0.0058% / 4h	3h 51m	$109K	$7K	50x
Short	OKX ME-USDT-SWAP	0.07442	0.0100	get 0.0050% / 4h	3h 51m	$478K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.135%Rate

Funding earned: −$3.43
Price spread: +0.135% → −0.053%: $18.72
Slippage, 4 orders: −$63.16
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$69.86
Costs to cover: 0.852%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 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 BloFin live order book, 4 min ago	2.69 bp	20.0 bp −$20	52.8 bp −$528	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	4.04 bp	23.6 bp −$24	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	0.07443	+0.148%	$234K	$96K	3x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07452	+0.275%	$2.2M	$3.9M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07453	+0.283%	$1.5M	$663K	25x	as long as short
OKX ME-USDT-SWAPshort	+0.0100%	4h	0.07442	+0.135%	$478K	$1.0M	20x
Gate ME_USDT	+0.0100%	8h	0.07440	+0.108%	$190K	$72K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07453	+0.283%	$508K	$127K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	0.07445	+0.175%	$208K	$25K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07447	+0.202%	$649K	$408K	25x	as long as short
BingX ME-USDT	+0.0100%	4h	0.07449	+0.229%	—	$1.3M	—	as long as short
Variational Omni ME	+0.0100%	4h	0.07453	+0.280%	$12K	$2K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ME-USDTlong	+0.0116%	4h	0.07432	long leg	$109K	$7K	50x
Aster MEUSDT	+0.0205%	4h	0.07444	+0.167%	$17K	$11K	5x	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07452	+0.274%	$26K	—	15x	as long as short