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Funding arb · Price arb /

ME

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 20:00 UTC−0.0128%/8hpaid last 24h −0.038%
Price spread now: Variational Omni against Reya+0.074%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on ReyaShort on Variational Omni
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 · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.074% dearer against Reya than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 46 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya MERUSDPERP0.074010.0228pay 0.0028% / 1h5m 06s$26K—15x
ShortVariational Omni ME0.074060.0100get 0.0050% / 4h5m 06s$11K$1K—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.074% → 0.000%
$7.41
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$25.42
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample—————
Reya and Variational Omni: 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
BloFin ME-USDT+0.0072%4h0.07402+0.014%$111K$7K50xas long as short
Hyperliquid ME+0.0100%1h0.07395−0.081%$233K$99K3xas long as short
Aster MEUSDT+0.0100%4h0.07407+0.076%$24K$5K5xas long as short
Binance MEUSDT+0.0100%4h0.07402+0.008%$2.1M$3.7M50xas long as short
Bybit MEUSDT+0.0100%4h0.07405+0.054%$1.5M$619K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07392−0.121%$473K$977K20xas long as short
Gate ME_USDT+0.0100%8h0.07400−0.013%$203K$66K50xas long as short
MEXC ME_USDT+0.0100%4h0.07402+0.014%$495K$127K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07405+0.054%$206K$27K30xas long as short
Bitget MEUSDT+0.0100%4h0.07405+0.054%$642K$416K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07402+0.014%—$1.3M—as long as short
Variational Omni MEshort+0.0100%4h0.07406+0.074%$11K$1K—
Reya MERUSDPERPlong+0.0228%1h0.07401long leg$26K—15x