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% APRpaid last 24h 0.000%
Price spread now: Gate against Binance+0.013%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2102.104% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.013%, 7d avg +0.005%
Together, before fees+0.070%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEUSDT0.075190.0100pay 0.0050% / 4h1h 18m$2.1M$3.9M50x
ShortGate ME_USDT0.075200.0100get 0.0100% / 8h5h 18m$192K$71K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.013% → +0.005%
$0.85
Slippage, 4 orders
−$185.43
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$209.59
Costs to cover
2.104%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Gate: live order book, 38 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, 3 min ago3.33 bp20.9 bp −$21189.3 bp −$1,893doesn't fitdoesn't fit
Sell Gate live order book, 38 min ago6.68 bp104.4 bp −$104doesn't fitdoesn't fitdoesn't fit

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
Hyperliquid ME+0.0100%1h0.07518−0.013%$238K$99K3xas long as short
Aster MEUSDT+0.0100%4h0.07523+0.053%$13K$20K5xas long as short
Binance MEUSDTlong+0.0100%4h0.07519long leg$2.1M$3.9M50x
Bybit MEUSDT+0.0100%4h0.07523+0.053%$1.6M$757K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07520+0.013%$498K$1.1M20xas long as short
Gate ME_USDTshort+0.0100%8h0.07520+0.013%$192K$71K50x
MEXC ME_USDT+0.0100%4h0.07526+0.093%$499K$135K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07523+0.053%$209K$28K30xas long as short
Bitget MEUSDT+0.0100%4h0.07531+0.160%$654K$418K25xas long as short
BingX ME-USDT+0.0100%4h0.07526+0.093%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07506−0.171%$12K$2Kas long as short
BloFin ME-USDT+0.0121%4h0.07510−0.120%$110K$8K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07519+0.002%$26K15xas long as short