Funding you earn now, next payment 21:00 UTC−0.0153%/8h= −16.8% APRpaid last 24h −0.037%
Price spread now: BloFin against Reya−0.040%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.040% cheaper against Reya than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MERUSDPERP | 0.07406 | 0.0228 | pay 0.0028% / 1h | 31m 00s | $26K | — | 15x |
| Short | BloFin ME-USDT | 0.07403 | 0.0075 | get 0.0037% / 4h | 3h 31m | $110K | $8K | 50x |
Reya MERUSDPERP
BloFin ME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Reya. 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
- −$32.14
- Price spread: −0.040% → 0.000%
- −$3.95
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$54.09
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; BloFin: live order book, 9 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 9 min ago | 2.71 bp | 19.1 bp −$19 | 57.8 bp −$578 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MEUSDT | +0.0023% | 4h | 0.07408 | +0.028% | $1.5M | $622K | 25x | as long as short |
| BloFin ME-USDTshort | +0.0075% | 4h | 0.07403 | −0.040% | $110K | $8K | 50x | |
| Hyperliquid ME | +0.0100% | 1h | 0.07404 | −0.026% | $233K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07409 | +0.042% | $24K | $5K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07409 | +0.040% | $2.1M | $3.8M | 50x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07404 | −0.026% | $472K | $984K | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07410 | +0.055% | $204K | $66K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07409 | +0.042% | $494K | $126K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07409 | +0.042% | $206K | $27K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07412 | +0.082% | $641K | $416K | 25x | as long as short |
Bybit MEUSDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
OKX ME-USDT-SWAP
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 | 0.07409 | +0.042% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07401 | −0.072% | $11K | $1K | — | as long as short |
| Reya MERUSDPERPlong | +0.0228% | 1h | 0.07406 | long leg | $26K | — | 15x |
BingX ME-USDT
Variational Omni ME