Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.055%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$970.971% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.055%, 7d avg +0.054%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ME-USDT-SWAP | 0.07315 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $460K | $981K | 20x |
| Short | BingX ME-USDT | 0.07319 | 0.0100 | get 0.0050% / 4h | 1h 15m | — | $1.3M | — |
OKX ME-USDT-SWAP
BingX ME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.055% → +0.054%
- $0.09
- Slippage, 4 orders
- −$77.08
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$97
- Costs to cover
- 0.971%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 6 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, 1 min ago | 1.37 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.79 bp | 30.6 bp −$31 | 62.9 bp −$629 | 543.1 bp −$54.3K | 774.9 bp −$387.4K |
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 | 0.07312 | −0.041% | $230K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07314 | −0.012% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07315 | 0.000% | $2.1M | $3.8M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07316 | +0.014% | $1.5M | $644K | 25x | as long as short |
| OKX ME-USDT-SWAPlong | +0.0100% | 4h | 0.07315 | long leg | $460K | $981K | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07310 | −0.068% | $189K | $74K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07316 | +0.014% | $492K | $130K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07314 | −0.014% | $204K | $26K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07319 | +0.055% | $636K | $416K | 25x | as long as short |
| BingX ME-USDTshort | +0.0100% | 4h | 0.07319 | +0.055% | — | $1.3M | — |
Hyperliquid ME
Aster MEUSDT
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07318 | +0.035% | $11K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0122% | 4h | 0.07318 | +0.041% | $106K | $7K | 50x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07314 | −0.020% | $26K | — | 15x | as long as short |
Variational Omni ME
BloFin ME-USDT
Reya MERUSDPERP