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Funding arb · Price arb /

ME

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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 03:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.038%
Price spread now: BingX against Reya+0.051%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on ReyaShort on BingX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. BingX is 0.051% dearer against Reya than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 32 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya MERUSDPERP0.074740.0228pay 0.0028% / 1h4m 42s$26K—15x
ShortBingX ME-USDT0.074780.0100get 0.0050% / 4h1h 04m—$1.3M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Reya. 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
−$26.83
Price spread: +0.051% → 0.000%
$5.1
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
−$37.73
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; BingX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample—————
Sell BingX live order book, 7 min ago4.64 bp24.9 bp −$2589.9 bp −$899614.2 bp −$61.4K858.7 bp −$429.4K
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ME on 13 venues

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%1h0.07475+0.011%$236K$100K3xas long as short
Aster MEUSDT+0.0100%4h0.07481+0.091%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07475+0.011%$2.1M$3.9M50xas long as short
Bybit MEUSDT+0.0100%4h0.07480+0.078%$1.5M$761K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07479+0.064%$494K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07480+0.078%$191K$71K50xas long as short
MEXC ME_USDT+0.0100%4h0.07478+0.051%$496K$135K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07490+0.212%$208K$29K30xas long as short
Bitget MEUSDT+0.0100%4h0.07485+0.145%$649K$421K25xas long as short
BingX ME-USDTshort+0.0100%4h0.07478+0.051%—$1.3M—
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07484+0.125%$12K$2K—as long as short
BloFin ME-USDT+0.0151%4h0.07489+0.198%$110K$8K50xas long as short
Reya MERUSDPERPlong+0.0228%1h0.07474long leg$26K—15x