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

ME

all ME markets
SwapBacktest
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: Bitget against OKX+0.069%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$910.913% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.069%, 7d avg +0.073%
Together, before fees−0.121%−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ME-USDT-SWAP0.072990.0100pay 0.0050% / 4h1h 23m$460K$979K20x
ShortBitget MEUSDT0.073040.0100get 0.0050% / 4h1h 23m$634K$416K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: +0.069% → +0.073%
−$0.42
Slippage, 4 orders
−$69.3
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$91.72
Costs to cover
0.913%
Break-even
never at this rate
Slippage from OKX: live order book, 58 min ago; Bitget: live order book, 57 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 OKX live order book, 58 min ago2.71 bp19.2 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 57 min ago3.39 bp21.5 bp −$2170.8 bp −$708doesn'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
BloFin ME-USDT+0.0073%4h0.07293−0.082%$107K$7K50xas long as short
Hyperliquid ME+0.0100%1h0.07294−0.069%$229K$96K3xas long as short
Aster MEUSDT+0.0100%4h0.07295−0.060%$17K$11K5xas long as short
Binance MEUSDT+0.0100%4h0.07300+0.008%$2.1M$3.8M50xas long as short
Bybit MEUSDT+0.0100%4h0.07301+0.027%$1.4M$643K25xas long as short
OKX ME-USDT-SWAPlong+0.0100%4h0.07299long leg$460K$979K20x
Gate ME_USDT+0.0100%8h0.07290−0.123%$188K$74K50xas long as short
MEXC ME_USDT+0.0100%4h0.07298−0.014%$491K$129K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07298−0.014%$203K$25K30xas long as short
Bitget MEUSDTshort+0.0100%4h0.07304+0.069%$634K$416K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07298−0.014%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07297−0.033%$11K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07298−0.013%$26K15xas long as short