Funding you earn now, next payment 11:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.038%
Price spread now: Reya against Bybit−0.004%146s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 146 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 | Bybit MEUSDT | 0.07563 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $1.6M | $862K | 25x |
| Short | Reya MERUSDPERP | 0.07563 | 0.0228 | get 0.0028% / 1h | 48m 59s | $27K | — | 15x |
Bybit MEUSDT
Reya MERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Bybit. 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
- $26.83
- Price spread: −0.004% → 0.000%
- −$0.44
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $9.39
- Costs to cover
- 0.170%
- Break-even
- 4.6 days
Slippage unknown: Bybit: live order book, 5 min ago; Reya: no order-book sample. Net counts fees only.
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 Bybit live order book, 5 min ago | 4.61 bp | 46.5 bp −$47 | 336.5 bp −$3,365 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ME on 13 exchanges
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-USDT | +0.0070% | 4h | 0.07567 | +0.053% | $107K | $9K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07567 | +0.053% | $236K | $112K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07569 | +0.084% | $13K | $22K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07566 | +0.040% | $2.1M | $4.2M | 50x | as long as short |
| Bybit MEUSDTlong | +0.0100% | 4h | 0.07563 | long leg | $1.6M | $862K | 25x | |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07560 | −0.040% | $476K | $1.2M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07570 | +0.093% | $195K | $82K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07566 | +0.040% | $501K | $119K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07579 | +0.212% | $216K | $33K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07573 | +0.132% | $655K | $412K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07563 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07558 | −0.065% | $8K | $5K | — | as long as short |
| Reya MERUSDPERPshort | +0.0228% | 1h | 0.07563 | −0.004% | $27K | — | 15x |
BingX ME-USDT
Variational Omni ME