MEME

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0966%/8h= −105.7% APRnext payment −$4.83 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against BingX0.000%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1291.294% of the position

Long on BingX 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+0.072%+$7 · spread now 0.000%, 7d avg +0.041%

Together, before fees−0.044%−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Bybit is 0.041% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.041%). 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 −$4.83 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	BingX MEME-USDT	0.0006030	0.0100	pay 0.0050% / 4h	1h 55m	—	$2.4M	—
Short	Bybit MEMEUSDT	0.0006030	−0.0866	pay 0.0433% / 4h	1h 55m	$1.2M	$510K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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 BingXbpFee BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$202.76
Price spread: 0.000% → +0.041%: −$4.06
Slippage, 4 orders: −$108.44
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$336.27
Costs to cover: 1.294%
Break-even: never at this rate

Slippage from BingX: live order book, 8 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 BingX live order book, 8 min ago	8.33 bp	22.9 bp −$23	54.9 bp −$549	450.1 bp −$45.0K	547.1 bp −$273.5K
Sell Bybit live order book, 5 min ago	5.00 bp	52.0 bp −$52	358.7 bp −$3,587	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	−0.0866%	4h	0.0006030	0.000%	$1.2M	$510K	50x
OKX MEME-USDT-SWAP	−0.0056%	4h	0.0006027	−0.050%	$596K	$1.8M	20x	as long as short
GMX MEME/USD [WBTC.b-USDC]	L 0.0000% / S 0.0000%	1h	0.0006030	0.000%	—	—	100x	as long as short
Hyperliquid MEME	+0.0100%	1h	0.0006030	0.000%	$536K	$136K	3x	as long as short
Binance MEMEUSDT	+0.0100%	4h	0.0006034	+0.066%	$2.5M	$4.3M	50x	as long as short
Gate MEME_USDT	+0.0100%	4h	0.0006026	−0.066%	$418K	$81K	20x	as long as short
MEXC MEME_USDT	+0.0100%	4h	0.0006030	0.000%	$856K	$312K	50x	as long as short
KuCoin MEMEUSDTM	+0.0100%	4h	0.0006027	−0.050%	$181K	$56K	30x	as long as short
Bitget MEMEUSDT	+0.0100%	4h	0.0006035	+0.083%	$420K	$747K	25x	as long as short
BingX MEME-USDTlong	+0.0100%	4h	0.0006030	long leg	—	$2.4M	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MEME-USDT	+0.0122%	4h	0.0006012	−0.299%	$128K	$6K	50x	as long as short