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

MEME

all MEME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX−0.082%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$730.726% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.082%, 7d avg −0.019%
Together, before fees+0.138%+$14 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: OKX is 0.063% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MEME-USDT0.00061330.0100pay 0.0050% / 4h30m 47s$2.4M
ShortOKX MEME-USDT-SWAP0.00061280.0100get 0.0050% / 4h30m 47s$618K$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.082% → −0.019%
−$6.28
Slippage, 4 orders
−$52.6
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$78.88
Costs to cover
0.726%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; OKX: live order book, 1 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, 3 min ago4.08 bp14.6 bp −$1543.9 bp −$439424.7 bp −$42.5K526.6 bp −$263.3K
Sell OKX live order book, 1 min ago2.45 bp17.3 bp −$17doesn'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
Bybit MEMEUSDT−0.0087%4h0.0006136+0.049%$1.3M$556K50xas long as short
GMX MEME/USD [WBTC.b-USDC]L 0.0000% / S 0.0000%1h0.0006130−0.049%100xas long as short
Hyperliquid MEME+0.0100%1h0.0006140+0.114%$561K$154K3xas long as short
Binance MEMEUSDT+0.0100%4h0.0006136+0.049%$2.5M$4.5M50xas long as short
OKX MEME-USDT-SWAPshort+0.0100%4h0.0006128−0.082%$618K$1.9M20x
Gate MEME_USDT+0.0100%4h0.0006134+0.016%$427K$76K20xas long as short
MEXC MEME_USDT+0.0100%4h0.0006137+0.065%$921K$338K50xas long as short
KuCoin MEMEUSDTM+0.0100%4h0.0006132−0.016%$183K$53K30xas long as short
Bitget MEMEUSDT+0.0100%4h0.0006138+0.082%$442K$751K25xas long as short
BingX MEME-USDTlong+0.0100%4h0.0006133long leg$2.4M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MEME-USDT+0.0152%4h0.0006131−0.033%$128K$6K50xas long as short