Settings8H · net · $10k
Funding arb · Price arb /

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against Aster−0.018%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MEUSDT0.074740.0100pay 0.0050% / 4h2h 11m$13K$20K5x
ShortBybit MEUSDT0.074730.0100get 0.0050% / 4h2h 11m$1.5M$742K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
$0
Price spread: −0.018% → 0.000%
−$1.77
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$20.77
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 5 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 Aster no order-book sample
Sell Bybit live order book, 5 min ago6.01 bp44.9 bp −$45317.3 bp −$3,173doesn't fitdoesn't fit
Aster: 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 12 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%1h0.07482+0.103%$237K$101K3xas long as short
Aster MEUSDTlong+0.0100%4h0.07474long leg$13K$20K5x
Binance MEUSDT+0.0100%4h0.07475+0.009%$2.1M$4.0M50xas long as short
Bybit MEUSDTshort+0.0100%4h0.07473−0.018%$1.5M$742K25x
OKX ME-USDT-SWAP+0.0100%4h0.07479+0.063%$492K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07480+0.076%$191K$71K50xas long as short
MEXC ME_USDT+0.0100%4h0.07472−0.031%$481K$134K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07469−0.071%$207K$29K30xas long as short
Bitget MEUSDT+0.0100%4h0.07481+0.089%$641K$418K25xas long as short
BingX ME-USDT+0.0100%4h0.07472−0.031%$1.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07470−0.055%$12K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07469−0.075%$26K15xas long as short