Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against OKX−0.094%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1501.503% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.094%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.132% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ME-USDT-SWAP | 0.07477 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $492K | $1.1M | 20x |
| Short | Gate ME_USDT | 0.07470 | 0.0100 | get 0.0100% / 8h | 6h 03m | $191K | $72K | 50x |
OKX ME-USDT-SWAP
Gate ME_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.094% → +0.038%
- −$13.21
- Slippage, 4 orders
- −$125.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$163.52
- Costs to cover
- 1.503%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 58 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, 3 min ago | 4.69 bp | 25.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 58 min ago | 13.49 bp | 58.5 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
ME on 12 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 | 0.07474 | −0.040% | $237K | $98K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07465 | −0.155% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07473 | −0.053% | $2.1M | $4.0M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07471 | −0.080% | $1.5M | $741K | 25x | as long as short |
| OKX ME-USDT-SWAPlong | +0.0100% | 4h | 0.07477 | long leg | $492K | $1.1M | 20x | |
| Gate ME_USDTshort | +0.0100% | 8h | 0.07470 | −0.094% | $191K | $72K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07474 | −0.040% | $482K | $134K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07463 | −0.187% | $207K | $30K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07468 | −0.120% | $639K | $416K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07469 | −0.107% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07464 | −0.178% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07474 | −0.044% | $26K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP