Funding you earn now, next payment 12:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against OKX+0.066%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$960.962% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now +0.066%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.021% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ME-USDT-SWAP | 0.07558 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $476K | $1.3M | 20x |
| Short | BloFin ME-USDT | 0.07563 | 0.0119 | get 0.0060% / 4h | 3h 19m | $107K | $9K | 50x |
OKX ME-USDT-SWAP
BloFin ME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.09
- Price spread: +0.066% → +0.046%
- $2.05
- Slippage, 4 orders
- −$74.24
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.1
- Costs to cover
- 0.962%
- Break-even
- 161.3 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 36 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 | 4.63 bp | 33.0 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 1.99 bp | 18.3 bp −$18 | 44.6 bp −$446 | 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 | 0.07561 | +0.040% | $236K | $134K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07569 | +0.149% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07562 | +0.057% | $2.1M | $4.3M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07570 | +0.159% | $1.5M | $852K | 25x | as long as short |
| OKX ME-USDT-SWAPlong | +0.0100% | 4h | 0.07558 | long leg | $476K | $1.3M | 20x | |
| Gate ME_USDT | +0.0100% | 8h | 0.07570 | +0.159% | $195K | $80K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07564 | +0.079% | $500K | $127K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07568 | +0.132% | $216K | $34K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07561 | +0.040% | $649K | $426K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07571 | +0.172% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07572 | +0.184% | $8K | $5K | — | as long as short |
| BloFin ME-USDTshort | +0.0119% | 4h | 0.07563 | +0.066% | $107K | $9K | 50x | |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07565 | +0.098% | $27K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP