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: MEXC against BingX−0.040%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$640.638% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.040%, 7d avg −0.019%
Together, before fees−0.065%−$7 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: MEXC is 0.021% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ME-USDT0.074570.0100pay 0.0050% / 4h2h 28m$1.3M
ShortMEXC ME_USDT0.074540.0100get 0.0050% / 4h2h 28m$480K$133K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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: −0.040% → −0.019%
−$2.12
Slippage, 4 orders
−$49.79
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$65.91
Costs to cover
0.638%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 31 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 BingX live order book, 8 min ago5.36 bp21.0 bp −$21142.5 bp −$1,425607.2 bp −$60.7K807.0 bp −$403.5K
Sell MEXC live order book, 31 min ago1.35 bp7.2 bp −$735.2 bp −$352128.7 bp −$12.9Kdoesn't fit

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%1h0.07456−0.013%$236K$100K3xas long as short
Aster MEUSDT+0.0100%4h0.07449−0.104%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07453−0.054%$2.1M$4.0M50xas long as short
Bybit MEUSDT+0.0100%4h0.07456−0.013%$1.5M$716K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07450−0.094%$486K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07460+0.040%$190K$71K50xas long as short
MEXC ME_USDTshort+0.0100%4h0.07454−0.040%$480K$133K20x
KuCoin MEUSDTM+0.0100%4h0.07449−0.107%$207K$29K30xas long as short
Bitget MEUSDT+0.0100%4h0.07461+0.054%$636K$413K25xas long as short
BingX ME-USDTlong+0.0100%4h0.07457long leg$1.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07477+0.273%$12K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07456−0.009%$26K15xas long as short