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: Binance against OKX−0.140%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1121.121% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.140%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.141% cheaper against OKX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ME-USDT-SWAP | 0.07515 | 0.0100 | pay 0.0050% / 4h | 1h 09m | $497K | $1.1M | 20x |
| Short | Binance MEUSDT | 0.07505 | 0.0100 | get 0.0050% / 4h | 1h 09m | $2.1M | $3.9M | 50x |
OKX ME-USDT-SWAP
Binance MEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: −0.140% → +0.002%
- −$14.14
- Slippage, 4 orders
- −$92.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$126.24
- Costs to cover
- 1.121%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 12 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 OKX live order book, 2 min ago | 5.31 bp | 32.2 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.33 bp | 33.1 bp −$33 | 92.6 bp −$926 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0059% | 4h | 0.07512 | −0.040% | $109K | $8K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07508 | −0.093% | $238K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07519 | +0.050% | $13K | $20K | 5x | as long as short |
| Binance MEUSDTshort | +0.0100% | 4h | 0.07505 | −0.140% | $2.1M | $3.9M | 50x | |
| Bybit MEUSDT | +0.0100% | 4h | 0.07509 | −0.080% | $1.5M | $760K | 25x | as long as short |
| OKX ME-USDT-SWAPlong | +0.0100% | 4h | 0.07515 | long leg | $497K | $1.1M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07520 | +0.067% | $192K | $71K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07511 | −0.053% | $498K | $135K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07516 | +0.013% | $209K | $28K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07514 | −0.013% | $652K | $421K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07515 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07534 | +0.247% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07507 | −0.113% | $26K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP