MEME

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0753%/8h= −82.4% APRnext payment −$3.76 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against Binance−0.033%7-day average +0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$158as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$1461.463% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.116%−$12 on $10k

Price spread, last 7 days+0.127%+$13 · spread now −0.033%, 7d avg +0.047%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bybit is 0.080% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.047%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.116% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MEMEUSDT	0.0006040	0.0100	pay 0.0050% / 4h	2h 40m	$2.5M	$4.3M	50x
Short	Bybit MEMEUSDT	0.0006038	−0.0653	pay 0.0326% / 4h	2h 40m	$1.2M	$504K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$158.08
Price spread: −0.033% → +0.047%: −$7.97
Slippage, 4 orders: −$125.33
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$312.38
Costs to cover: 1.463%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 5 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 Binance live order book, 11 min ago	1.66 bp	19.9 bp −$20	87.9 bp −$879	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	3.31 bp	62.9 bp −$63	335.8 bp −$3,358	doesn't fit	doesn't fit

MEME on 11 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
Bybit MEMEUSDTshort	−0.0653%	4h	0.0006038	−0.033%	$1.2M	$504K	50x
GMX MEME/USD [WBTC.b-USDC]	L 0.0000% / S 0.0000%	1h	0.0006050	+0.166%	—	—	100x	as long as short
Hyperliquid MEME	+0.0100%	1h	0.0006040	0.000%	$538K	$135K	3x	as long as short
Binance MEMEUSDTlong	+0.0100%	4h	0.0006040	long leg	$2.5M	$4.3M	50x
OKX MEME-USDT-SWAP	+0.0100%	4h	0.0006039	−0.017%	$596K	$1.8M	20x	as long as short
Gate MEME_USDT	+0.0100%	4h	0.0006043	+0.050%	$419K	$80K	20x	as long as short
MEXC MEME_USDT	+0.0100%	4h	0.0006042	+0.033%	$867K	$323K	50x	as long as short
KuCoin MEMEUSDTM	+0.0100%	4h	0.0006054	+0.232%	$182K	$56K	30x	as long as short
Bitget MEMEUSDT	+0.0100%	4h	0.0006049	+0.149%	$428K	$744K	25x	as long as short
BingX MEME-USDT	+0.0100%	4h	0.0006043	+0.050%	—	$2.4M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MEME-USDT	+0.0136%	4h	0.0006057	+0.281%	$129K	$6K	50x	as long as short