Funding arb · Price arb /

ME

all ME markets

Swap Backtest

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 KuCoin0.000%7-day average −0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,069as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,057as in the Price arb table

costs, in and out, $10k−$1,06310.627% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now 0.000%, 7d avg −0.052%

Together, before fees−0.116%−$12 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 0.052% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MEUSDTM	0.07430	0.0100	pay 0.0050% / 4h	3h 36m	$207K	$25K	30x
Short	MEXC ME_USDT	0.07430	0.0100	get 0.0050% / 4h	3h 36m	$507K	$129K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.052%: $5.23
Slippage, 4 orders: −$1,046.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$1,057.49
Costs to cover: 10.627%
Break-even: never at this rate

Slippage from KuCoin: live order book, 14 min ago; MEXC: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 14 min ago	26.18 bp	803.1 bp −$803	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 29 min ago	0.67 bp	6.8 bp −$7	45.1 bp −$451	132.9 bp −$13.3K	doesn't fit

ME on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ME-USDT	+0.0072%	4h	0.07424	−0.081%	$110K	$7K	50x	as long as short
Hyperliquid ME	+0.0100%	1h	0.07426	−0.054%	$233K	$95K	3x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07428	−0.021%	$2.2M	$3.9M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07428	−0.027%	$1.5M	$667K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07424	−0.081%	$480K	$1.0M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07430	0.000%	$190K	$73K	50x	as long as short
MEXC ME_USDTshort	+0.0100%	4h	0.07430	0.000%	$507K	$129K	20x
KuCoin MEUSDTMlong	+0.0100%	4h	0.07430	long leg	$207K	$25K	30x
Bitget MEUSDT	+0.0100%	4h	0.07431	+0.013%	$641K	$411K	25x	as long as short
BingX ME-USDT	+0.0100%	4h	0.07429	−0.013%	—	$1.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ME	+0.0100%	4h	0.07428	−0.022%	$12K	$2K	—	as long as short
Aster MEUSDT	+0.0163%	4h	0.07430	0.000%	$17K	$11K	5x	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07430	+0.005%	$26K	—	15x	as long as short