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

ME

all ME markets
SwapBacktest
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: OKX against MEXC+0.120%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$710.712% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.120%, 7d avg −0.035%
Together, before fees−0.039%−$4 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: OKX is 0.155% dearer against MEXC than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ME_USDT0.074760.0100pay 0.0050% / 4h2h 35m$496K$130K20x
ShortOKX ME-USDT-SWAP0.074850.0100get 0.0050% / 4h2h 35m$471K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.120% → −0.035%
$15.54
Slippage, 4 orders
−$57.23
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$55.69
Costs to cover
0.712%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: 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, 4 min ago1.35 bp7.6 bp −$830.2 bp −$302123.9 bp −$12.4Kdoesn't fit
Sell OKX live order book, 1 min ago6.71 bp24.9 bp −$25doesn't fitdoesn'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
Hyperliquid ME+0.0100%1h0.07488+0.161%$234K$109K3xas long as short
Aster MEUSDT+0.0100%4h0.07476−0.003%$13K$21K5xas long as short
Binance MEUSDT+0.0100%4h0.07477+0.009%$2.1M$4.1M50xas long as short
Bybit MEUSDT+0.0100%4h0.07475−0.013%$1.5M$810K25xas long as short
OKX ME-USDT-SWAPshort+0.0100%4h0.07485+0.120%$471K$1.2M20x
Gate ME_USDT+0.0100%8h0.07470−0.080%$193K$73K50xas long as short
MEXC ME_USDTlong+0.0100%4h0.07476long leg$496K$130K20x
KuCoin MEUSDTM+0.0100%4h0.07473−0.040%$212K$32K30xas long as short
Bitget MEUSDT+0.0100%4h0.07487+0.147%$641K$436K25xas long as short
BingX ME-USDT+0.0100%4h0.07465−0.147%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07459−0.223%$12K$2Kas long as short
BloFin ME-USDT+0.0117%4h0.07461−0.201%$108K$9K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07460−0.216%$26K15xas long as short