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: KuCoin against MEXC+0.225%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$572as in the Funding arb table

Net, price: spread back to 7d avg − costs−$562as in the Price arb table

costs, in and out, $10k−$5795.788% of the position

Long on MEXC Short on KuCoin

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)−0.177%−$18 · spread now +0.225%, 7d avg +0.053%

Together, before fees−0.109%−$11 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: KuCoin is 0.172% dearer against MEXC than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ME_USDT	0.07558	0.0100	pay 0.0050% / 4h	1h 05m	$506K	$131K	20x
Short	KuCoin MEUSDTM	0.07575	0.0100	get 0.0050% / 4h	1h 05m	$217K	$33K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.225%Rate

Funding earned: $0
Price spread: +0.225% → +0.053%: $17.16
Slippage, 4 orders: −$562.82
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$561.66
Costs to cover: 5.788%
Break-even: never at this rate

Slippage from MEXC: live order book, 29 min ago; KuCoin: live order book, 36 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, 29 min ago	2.66 bp	8.6 bp −$9	47.7 bp −$477	132.7 bp −$13.3K	doesn't fit
Sell KuCoin live order book, 36 min ago	31.90 bp	249.6 bp −$250	doesn't fit	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
BloFin ME-USDT	+0.0070%	4h	0.07555	−0.040%	$108K	$9K	50x	as long as short
Hyperliquid ME	+0.0100%	1h	0.07559	+0.013%	$237K	$115K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07557	−0.017%	$13K	$21K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07558	−0.005%	$2.1M	$4.2M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07559	+0.013%	$1.6M	$842K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07559	+0.013%	$479K	$1.2M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07560	+0.026%	$198K	$78K	50x	as long as short
MEXC ME_USDTlong	+0.0100%	4h	0.07558	long leg	$506K	$131K	20x
KuCoin MEUSDTMshort	+0.0100%	4h	0.07575	+0.225%	$217K	$33K	30x
Bitget MEUSDT	+0.0100%	4h	0.07560	+0.026%	$645K	$425K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ME-USDT	+0.0100%	4h	0.07560	+0.026%	—	$1.3M	—	as long as short
Variational Omni ME	+0.0100%	4h	0.07559	+0.016%	$11K	$2K	—	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07558	−0.003%	$27K	—	15x	as long as short