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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against KuCoin−0.055%50s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$795as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$7877.870% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.075%−$7 on $10k
Price spread, last 3 days (all we have)−0.089%−$9 · spread now −0.055%, 7d avg −0.046%
Together, before fees−0.164%−$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MEUSDTM0.072970.0100pay 0.0050% / 4h1h 26m$203K$25K30x
ShortBloFin ME-USDT0.072930.0099get 0.0049% / 4h1h 26m$106K$7K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
−$0.24
Price spread: −0.055% → −0.046%
−$0.91
Slippage, 4 orders
−$763.04
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$788.19
Costs to cover
7.870%
Break-even
never at this rate
Slippage from KuCoin: live order book, 43 min ago; BloFin: live order book, 41 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 KuCoin live order book, 43 min ago17.67 bp255.8 bp −$256doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 41 min ago0.68 bp10.6 bp −$1133.0 bp −$330doesn'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-USDTshort+0.0099%4h0.07293−0.055%$106K$7K50x
Hyperliquid ME+0.0100%1h0.07293−0.055%$229K$96K3xas long as short
Aster MEUSDT+0.0100%4h0.07294−0.038%$17K$11K5xas long as short
Binance MEUSDT+0.0100%4h0.07295−0.027%$2.1M$3.8M50xas long as short
Bybit MEUSDT+0.0100%4h0.072970.000%$1.4M$643K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07290−0.096%$459K$977K20xas long as short
Gate ME_USDT+0.0100%8h0.07290−0.096%$188K$74K50xas long as short
MEXC ME_USDT+0.0100%4h0.07293−0.055%$490K$129K20xas long as short
KuCoin MEUSDTMlong+0.0100%4h0.07297long leg$203K$25K30x
Bitget MEUSDT+0.0100%4h0.072970.000%$631K$416K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07294−0.041%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07297+0.001%$11K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07293−0.054%$26K15xas long as short