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 +0.001%
Price spread now: MEXC against Bybit+0.027%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1061.063% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.027%, 7d avg −0.040%
Together, before fees−0.035%−$4 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 0.068% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MEUSDT0.073080.0100pay 0.0050% / 4h1h 10m$1.4M$646K25x
ShortMEXC ME_USDT0.073100.0100get 0.0050% / 4h1h 10m$491K$130K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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: +0.027% → −0.040%
$6.76
Slippage, 4 orders
−$91.31
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$99.56
Costs to cover
1.063%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 64 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 Bybit live order book, 1 min ago6.16 bp48.3 bp −$48280.8 bp −$2,808doesn't fitdoesn't fit
Sell MEXC live order book, 64 min ago2.71 bp9.0 bp −$933.8 bp −$338129.5 bp −$12.9Kdoesn'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%1h0.07307−0.014%$229K$96K3xas long as short
Aster MEUSDT+0.0100%4h0.07304−0.048%$17K$11K5xas long as short
Binance MEUSDT+0.0100%4h0.07311+0.041%$2.1M$3.8M50xas long as short
Bybit MEUSDTlong+0.0100%4h0.07308long leg$1.4M$646K25x
OKX ME-USDT-SWAP+0.0100%4h0.07310+0.027%$460K$980K20xas long as short
Gate ME_USDT+0.0100%8h0.07310+0.027%$189K$74K50xas long as short
MEXC ME_USDTshort+0.0100%4h0.07310+0.027%$491K$130K20x
KuCoin MEUSDTM+0.0100%4h0.07311+0.041%$204K$25K30xas long as short
Bitget MEUSDT+0.0100%4h0.07318+0.137%$636K$416K25xas long as short
BingX ME-USDT+0.0100%4h0.073080.000%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07314+0.075%$11K$2Kas long as short
BloFin ME-USDT+0.0129%4h0.07315+0.096%$106K$7K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07310+0.028%$26K15xas long as short