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 0.000%
Price spread now: KuCoin against Binance+0.054%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$525as in the Funding arb table
Net, price: spread back to 7d avg − costs−$531as in the Price arb table
costs, in and out, $10k−$5315.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.054%, 7d avg +0.055%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEUSDT0.074600.0100pay 0.0050% / 4h1h 34m$2.1M$3.9M50x
ShortKuCoin MEUSDTM0.074640.0100get 0.0050% / 4h1h 34m$207K$28K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.054% → +0.055%
−$0.13
Slippage, 4 orders
−$509.14
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$531.28
Costs to cover
5.311%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 61 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, 2 min ago3.35 bp24.6 bp −$25110.3 bp −$1,103doesn't fitdoesn't fit
Sell KuCoin live order book, 61 min ago40.87 bp215.7 bp −$216doesn'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
BloFin ME-USDT+0.0089%4h0.07452−0.107%$109K$8K50xas long as short
Hyperliquid ME+0.0100%1h0.07465+0.067%$236K$99K3xas long as short
Aster MEUSDT+0.0100%4h0.07456−0.057%$13K$20K5xas long as short
Binance MEUSDTlong+0.0100%4h0.07460long leg$2.1M$3.9M50x
Bybit MEUSDT+0.0100%4h0.07461+0.013%$1.5M$742K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07457−0.040%$492K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.074600.000%$190K$71K50xas long as short
MEXC ME_USDT+0.0100%4h0.07459−0.013%$481K$132K20xas long as short
KuCoin MEUSDTMshort+0.0100%4h0.07464+0.054%$207K$28K30x
Bitget MEUSDT+0.0100%4h0.07467+0.094%$636K$414K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.074600.000%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07451−0.120%$12K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07465+0.063%$26K15xas long as short