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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.055%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$820.817% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 7 days+0.130%+$13 · spread now −0.055%, 7d avg +0.032%
Together, before fees+0.198%+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.088% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEUSDT0.073770.0100pay 0.0050% / 4h2h 56m$2.1M$3.8M50x
ShortBingX ME-USDT0.073730.0100get 0.0050% / 4h2h 56m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: −0.055% → +0.032%
−$8.77
Slippage, 4 orders
−$61.73
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$90.5
Costs to cover
0.817%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago2.71 bp21.0 bp −$21147.5 bp −$1,475doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago2.71 bp16.8 bp −$1753.9 bp −$539553.6 bp −$55.4K783.0 bp −$391.5K

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
Bybit MEUSDT−0.0281%4h0.07373−0.055%$1.5M$625K25xas long as short
BloFin ME-USDT+0.0080%4h0.07368−0.123%$109K$8K50xas long as short
Hyperliquid ME+0.0100%1h0.07374−0.042%$232K$100K3xas long as short
Aster MEUSDT+0.0100%4h0.07374−0.042%$17K$11K5xas long as short
Binance MEUSDTlong+0.0100%4h0.07377long leg$2.1M$3.8M50x
OKX ME-USDT-SWAP+0.0100%4h0.07370−0.096%$470K$979K20xas long as short
Gate ME_USDT+0.0100%8h0.07370−0.096%$203K$65K50xas long as short
MEXC ME_USDT+0.0100%4h0.07377−0.001%$490K$125K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07386+0.121%$206K$27K30xas long as short
Bitget MEUSDT+0.0100%4h0.07375−0.028%$638K$416K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDTshort+0.0100%4h0.07373−0.055%$1.3M
Variational Omni ME+0.0100%4h0.07372−0.067%$11K$1Kas long as short
Reya MERUSDPERP+0.0228%1h0.07370−0.101%$26K15xas long as short