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

MEME

all MEME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.040%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3463.456% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.040%, 7d avg −0.006%
Together, before fees−0.042%−$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: KuCoin is 0.034% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEMEUSDT0.00062320.0100pay 0.0050% / 4h2h 49m$2.5M$4.8M50x
ShortKuCoin MEMEUSDTM0.00062290.0100get 0.0050% / 4h2h 49m$187K$53K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$0
Price spread: −0.040% → −0.006%
−$3.39
Slippage, 4 orders
−$323.58
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$348.97
Costs to cover
3.456%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 55 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 Binance live order book, 3 min ago4.82 bp19.7 bp −$2079.2 bp −$792doesn't fitdoesn't fit
Sell KuCoin live order book, 55 min ago16.27 bp114.4 bp −$114doesn't fitdoesn't fitdoesn't fit

MEME on 11 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
GMX MEME/USD [WBTC.b-USDC]L 0.0000% / S 0.0000%1h0.0006230−0.024%100xas long as short
BloFin MEME-USDT+0.0073%4h0.0006229−0.040%$131K$6K50xas long as short
Hyperliquid MEME+0.0100%1h0.0006240+0.136%$578K$162K3xas long as short
Binance MEMEUSDTlong+0.0100%4h0.0006232long leg$2.5M$4.8M50x
Bybit MEMEUSDT+0.0100%4h0.0006228−0.056%$1.3M$614K50xas long as short
OKX MEME-USDT-SWAP+0.0100%4h0.0006219−0.201%$644K$2.1M20xas long as short
Gate MEME_USDT+0.0100%4h0.0006228−0.056%$435K$73K20xas long as short
MEXC MEME_USDT+0.0100%4h0.0006230−0.024%$938K$364K50xas long as short
KuCoin MEMEUSDTMshort+0.0100%4h0.0006229−0.040%$187K$53K30x
Bitget MEMEUSDT+0.0100%4h0.0006233+0.024%$451K$768K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MEME-USDT+0.0100%4h0.0006231−0.008%$2.4Mas long as short