Funding you earn now, next payment 05:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.038%
Price spread now: Gate against Reya−0.081%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 −$4 a day on $10k at the current rate, and Gate is 0.081% cheaper against Reya than usual: you would sell low and buy high (−$8 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 | 0.07536 | 0.0228 | pay 0.0028% / 1h | 24m 42s | $27K | — | 15x |
| Short | Gate ME_USDT | 0.07530 | 0.0100 | get 0.0100% / 8h | 3h 24m | $192K | $71K | 50x |
Reya MERUSDPERP
Gate ME_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$26.83
- Price spread: −0.081% → 0.000%
- −$8.1
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$55.93
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Gate: live order book, 22 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 Gate live order book, 22 min ago | 6.61 bp | 79.2 bp −$79 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0096% | 4h | 0.07554 | +0.237% | $109K | $8K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07538 | +0.025% | $236K | $109K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07532 | −0.055% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07536 | −0.008% | $2.2M | $4.1M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07533 | −0.041% | $1.6M | $788K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07525 | −0.147% | $472K | $1.2M | 20x | as long as short |
| Gate ME_USDTshort | +0.0100% | 8h | 0.07530 | −0.081% | $192K | $71K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07536 | −0.001% | $500K | $130K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07539 | +0.038% | $214K | $31K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07534 | −0.028% | $648K | $438K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
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 | 0.07529 | −0.094% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07561 | +0.332% | $12K | $2K | — | as long as short |
| Reya MERUSDPERPlong | +0.0228% | 1h | 0.07536 | long leg | $27K | — | 15x |
BingX ME-USDT
Variational Omni ME