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

ME

all ME markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against KuCoin−0.053%65s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$671as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$6656.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.053%, 7d avg −0.048%
Together, before fees−0.148%−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MEUSDTM0.075700.0100pay 0.0050% / 4h1h 46m$216K$33K30x
ShortBloFin ME-USDT0.075660.0158get 0.0079% / 4h1h 46m$107K$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$12.24
Price spread: −0.053% → −0.048%
−$0.46
Slippage, 4 orders
−$641.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$653.58
Costs to cover
6.654%
Break-even
380.7 days
Slippage from KuCoin: live order book, 56 min ago; BloFin: live order book, 56 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 KuCoin live order book, 56 min ago29.67 bp238.9 bp −$239doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 56 min ago1.32 bp18.1 bp −$1855.6 bp −$556doesn't fitdoesn't fit

ME on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ME+0.0100%1h0.07565−0.066%$236K$113K3xas long as short
Aster MEUSDT+0.0100%4h0.07564−0.075%$13K$22K5xas long as short
Binance MEUSDT+0.0100%4h0.07563−0.092%$2.1M$4.2M50xas long as short
Bybit MEUSDT+0.0100%4h0.07562−0.106%$1.6M$861K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07567−0.040%$476K$1.2M20xas long as short
Gate ME_USDT+0.0100%8h0.07560−0.132%$194K$82K50xas long as short
MEXC ME_USDT+0.0100%4h0.07562−0.106%$501K$119K20xas long as short
KuCoin MEUSDTMlong+0.0100%4h0.07570long leg$216K$33K30x
Bitget MEUSDT+0.0100%4h0.07568−0.026%$654K$410K25xas long as short
BingX ME-USDT+0.0100%4h0.07562−0.106%$1.3Mas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07558−0.158%$8K$5Kas long as short
BloFin ME-USDTshort+0.0158%4h0.07566−0.053%$107K$9K50x
Reya MERUSDPERP+0.0228%1h0.07561−0.124%$27K15xas long as short