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

ME

all ME markets
SwapBacktest
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 −0.001%
Price spread now: Bybit against MEXC0.000%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1061.058% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now 0.000%, 7d avg +0.038%
Together, before fees+0.049%+$5 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: Bybit is 0.038% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ME_USDT0.074610.0100pay 0.0050% / 4h2h 05m$481K$134K20x
ShortBybit MEUSDT0.074610.0100get 0.0050% / 4h2h 05m$1.5M$741K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: 0.000% → +0.038%
−$3.79
Slippage, 4 orders
−$90.77
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$109.57
Costs to cover
1.058%
Break-even
never at this rate
Slippage from MEXC: live order book, 54 min ago; Bybit: live order book, 1 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 MEXC live order book, 54 min ago1.35 bp7.4 bp −$739.6 bp −$396129.9 bp −$13.0Kdoesn't fit
Sell Bybit live order book, 1 min ago5.36 bp41.7 bp −$42288.1 bp −$2,881doesn't fitdoesn't fit

ME on 12 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%1h0.07458−0.040%$237K$98K3xas long as short
Aster MEUSDT+0.0100%4h0.07462+0.013%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07460−0.017%$2.1M$4.0M50xas long as short
Bybit MEUSDTshort+0.0100%4h0.074610.000%$1.5M$741K25x
OKX ME-USDT-SWAP+0.0100%4h0.07456−0.067%$490K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07470+0.121%$191K$72K50xas long as short
MEXC ME_USDTlong+0.0100%4h0.07461long leg$481K$134K20x
KuCoin MEUSDTM+0.0100%4h0.07460−0.013%$207K$29K30xas long as short
Bitget MEUSDT+0.0100%4h0.07466+0.067%$639K$417K25xas long as short
BingX ME-USDT+0.0100%4h0.07462+0.013%$1.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07464+0.036%$12K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07459−0.030%$26K15xas long as short