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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX+0.080%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$680.683% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.080%, 7d avg +0.036%
Together, before fees−0.157%−$16 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: MEXC is 0.044% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ME-USDT-SWAP0.074880.0100pay 0.0050% / 4h11m 20s$465K$1.3M20x
ShortMEXC ME_USDT0.074940.0100get 0.0050% / 4h11m 20s$483K$120K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.080% → +0.036%
$4.41
Slippage, 4 orders
−$54.34
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$63.94
Costs to cover
0.683%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 21 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, 3 min ago4.00 bp25.7 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 21 min ago2.68 bp8.7 bp −$944.3 bp −$443132.6 bp −$13.3Kdoesn't fit

ME on 13 exchanges

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+0.0047%4h0.07514+0.347%$106K$10K50xas long as short
Hyperliquid ME+0.0100%1h0.07491+0.040%$231K$114K3xas long as short
Aster MEUSDT+0.0100%4h0.07503+0.207%$12K$22K5xas long as short
Binance MEUSDT+0.0100%4h0.07494+0.085%$2.1M$4.3M50xas long as short
Bybit MEUSDT+0.0100%4h0.07501+0.174%$1.5M$864K25xas long as short
OKX ME-USDT-SWAPlong+0.0100%4h0.07488long leg$465K$1.3M20x
Gate ME_USDT+0.0100%8h0.07500+0.160%$192K$90K50xas long as short
MEXC ME_USDTshort+0.0100%4h0.07494+0.080%$483K$120K20x
KuCoin MEUSDTM+0.0100%4h0.07504+0.214%$214K$33K30xas long as short
Bitget MEUSDT+0.0100%4h0.07501+0.174%$657K$395K25xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07502+0.187%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07507+0.259%$8K$5Kas long as short
Reya MERUSDPERP+0.0228%1h0.07492+0.052%$26K15xas long as short