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

MEME

all MEME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.049%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$445as in the Funding arb table
Net, price: spread back to 7d avg − costs−$449as in the Price arb table
costs, in and out, $10k−$4444.441% 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)+0.058%+$6 · spread now −0.049%, 7d avg −0.004%
Together, before fees+0.046%+$5 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 0.045% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MEME-USDT0.00061610.0100pay 0.0050% / 4h2h 37m$2.4M
ShortKuCoin MEMEUSDTM0.00061580.0100get 0.0050% / 4h2h 37m$183K$47K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$0
Price spread: −0.049% → −0.004%
−$4.49
Slippage, 4 orders
−$422.11
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$448.61
Costs to cover
4.441%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 18 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 BingX live order book, 6 min ago5.64 bp25.1 bp −$2569.5 bp −$695486.6 bp −$48.7K555.5 bp −$277.7K
Sell KuCoin live order book, 18 min ago7.22 bp82.8 bp −$83doesn'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%1h0.0006150−0.179%100xas long as short
Hyperliquid MEME+0.0100%1h0.0006160−0.016%$546K$203K3xas long as short
Binance MEMEUSDT+0.0100%4h0.00061610.000%$2.5M$5.2M50xas long as short
Bybit MEMEUSDT+0.0100%4h0.0006160−0.016%$1.2M$726K50xas long as short
OKX MEME-USDT-SWAP+0.0100%4h0.00061610.000%$624K$2.1M20xas long as short
Gate MEME_USDT+0.0100%4h0.0006160−0.016%$436K$88K20xas long as short
MEXC MEME_USDT+0.0100%4h0.0006160−0.016%$824K$447K50xas long as short
KuCoin MEMEUSDTMshort+0.0100%4h0.0006158−0.049%$183K$47K30x
Bitget MEMEUSDT+0.0100%4h0.00061610.000%$475K$816K25xas long as short
BingX MEME-USDTlong+0.0100%4h0.0006161long leg$2.4M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MEME-USDT+0.0103%4h0.0006162+0.016%$128K$6K50xas long as short