Funding arb · Price arb /

ME

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Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Variational Omni against MEXC−0.071%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.071% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ME_USDT	0.07322	0.0100	pay 0.0050% / 4h	1h 42m	$492K	$128K	20x
Short	Variational Omni ME	0.07317	0.0100	get 0.0050% / 4h	1h 42m	$11K	$2K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.071%Rate

Funding earned: $0
Price spread: −0.071% → 0.000%: −$7.1
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$11.1
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 32 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 32 min ago	2.71 bp	8.7 bp −$9	42.0 bp −$420	132.0 bp −$13.2K	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.0046%	4h	0.07325	+0.041%	$107K	$8K	50x	as long as short
Hyperliquid ME	+0.0100%	1h	0.07320	−0.027%	$230K	$96K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07330	+0.107%	$17K	$11K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07325	+0.036%	$2.1M	$3.8M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07323	+0.014%	$1.4M	$636K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07318	−0.055%	$466K	$964K	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07320	−0.027%	$189K	$74K	50x	as long as short
MEXC ME_USDTlong	+0.0100%	4h	0.07322	long leg	$492K	$128K	20x
KuCoin MEUSDTM	+0.0100%	4h	0.07330	+0.109%	$204K	$25K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07323	+0.014%	$634K	$416K	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	0.07324	+0.027%	—	$1.3M	—	as long as short
Variational Omni MEshort	+0.0100%	4h	0.07317	−0.071%	$11K	$2K	—
Reya MERUSDPERP	+0.0228%	1h	0.07322	+0.006%	$26K	—	15x	as long as short