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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0113%/8h= +12.4% APRpaid last 24h +0.005%
Price spread now: Aster against Gate+0.088%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.088% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ME_USDT0.074400.0100pay 0.0100% / 8h7h 49m$190K$73K50x
ShortAster MEUSDT0.074470.0213get 0.0106% / 4h3h 49m$17K$11K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$23.7
Price spread: +0.088% → 0.000%
$8.77
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
$9.47
Costs to cover
0.230%
Break-even
4.2 days
Slippage unknown: Gate: live order book, 17 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 17 min ago6.74 bp53.6 bp −$54doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.07435−0.067%$234K$96K3xas long as short
Binance MEUSDT+0.0100%4h0.07439−0.016%$2.2M$3.9M50xas long as short
Bybit MEUSDT+0.0100%4h0.07441+0.013%$1.5M$664K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07428−0.161%$480K$1.0M20xas long as short
Gate ME_USDTlong+0.0100%8h0.07440long leg$190K$73K50x
MEXC ME_USDT+0.0100%4h0.074400.000%$507K$127K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07443+0.040%$207K$25K30xas long as short
Bitget MEUSDT+0.0100%4h0.07441+0.013%$648K$412K25xas long as short
BingX ME-USDT+0.0100%4h0.07441+0.013%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07453+0.173%$12K$2Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ME-USDT+0.0116%4h0.07432−0.108%$109K$7K50xas long as short
Aster MEUSDTshort+0.0213%4h0.07447+0.088%$17K$11K5x
Reya MERUSDPERP+0.0228%1h0.07434−0.076%$26K15xas long as short