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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid−0.027%7-day average +0.033% · you buy dearer than you sell
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 7 days−0.058%−$6 on $10k
Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.027%, 7d avg +0.033%
Together, before fees+0.056%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 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 0.060% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ME0.073360.0100pay 0.0013% / 1h55m 11s$230K$99K3x
ShortMEXC ME_USDT0.073340.0100get 0.0050% / 4h2h 55m$500K$128K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Hyperliquid. 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% → +0.033%
−$5.98
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$18.98
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 54 min ago; MEXC: live order book, 4 min ago. 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 Hyperliquid live order book, 54 min ago1.34 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.35 bp7.2 bp −$735.2 bp −$352128.7 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 MElong+0.0100%1h0.07336long leg$230K$99K3x
Aster MEUSDT+0.0100%4h0.07342+0.087%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07342+0.078%$2.1M$3.9M50xas long as short
Bybit MEUSDT+0.0100%4h0.07333−0.041%$1.5M$673K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07333−0.041%$474K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07350+0.191%$188K$70K50xas long as short
MEXC ME_USDTshort+0.0100%4h0.07334−0.027%$500K$128K20x
KuCoin MEUSDTM+0.0100%4h0.07350+0.191%$205K$26K30xas long as short
Bitget MEUSDT+0.0100%4h0.07335−0.014%$627K$413K25xas long as short
BingX ME-USDT+0.0100%4h0.07332−0.055%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07338+0.032%$12K$2Kas long as short
BloFin ME-USDT+0.0128%4h0.07380+0.600%$109K$7K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07329−0.090%$26K15xas long as short