Funding arb · Price arb /

ME

all ME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC+0.052%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$670.673% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.052%, 7d avg −0.001%

Together, before fees−0.068%−$7 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: Binance is 0.053% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ME_USDT	0.07548	0.0100	pay 0.0050% / 4h	1h 59m	$500K	$128K	20x
Short	Binance MEUSDT	0.07552	0.0100	get 0.0050% / 4h	1h 59m	$2.2M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.052%Rate

Funding earned: $0
Price spread: +0.052% → −0.001%: $5.28
Slippage, 4 orders: −$53.34
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$62.06
Costs to cover: 0.673%
Break-even: never at this rate

Slippage from MEXC: live order book, 41 min ago; Binance: live order book, 8 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 MEXC live order book, 41 min ago	1.35 bp	7.6 bp −$8	30.2 bp −$302	123.9 bp −$12.4K	doesn't fit
Sell Binance live order book, 8 min ago	1.33 bp	20.4 bp −$20	85.2 bp −$852	doesn't fit	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
Hyperliquid ME	+0.0100%	1h	0.07550	+0.026%	$236K	$112K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07553	+0.063%	$13K	$21K	5x	as long as short
Binance MEUSDTshort	+0.0100%	4h	0.07552	+0.052%	$2.2M	$4.2M	50x
Bybit MEUSDT	+0.0100%	4h	0.07556	+0.106%	$1.5M	$824K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07539	−0.119%	$478K	$1.2M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07540	−0.106%	$195K	$74K	50x	as long as short
MEXC ME_USDTlong	+0.0100%	4h	0.07548	long leg	$500K	$128K	20x
KuCoin MEUSDTM	+0.0100%	4h	0.07543	−0.066%	$216K	$32K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07559	+0.146%	$646K	$426K	25x	as long as short
BingX ME-USDT	+0.0100%	4h	0.07548	0.000%	—	$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	0.07551	+0.034%	$12K	$2K	—	as long as short
BloFin ME-USDT	+0.0142%	4h	0.07548	0.000%	$107K	$9K	50x	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07545	−0.043%	$27K	—	15x	as long as short