MEME

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0249%/8h= −27.3% APRnext payment −$1.24 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against Bitget−0.082%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$154as in the Funding arb table

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

costs, in and out, $10k−$1431.429% of the position

Long on Bitget 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 4 days (all we have)+0.212%+$21 · spread now −0.082%, 7d avg +0.032%

Together, before fees+0.097%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.113% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.032%). 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 −$1.24 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	Bitget MEMEUSDT	0.0006133	0.0100	pay 0.0050% / 4h	37m 03s	$442K	$751K	25x
Short	Bybit MEMEUSDT	0.0006128	−0.0149	pay 0.0074% / 4h	37m 03s	$1.3M	$556K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.082%Rate

Funding earned: −$52.27
Price spread: −0.082% → +0.032%: −$11.31
Slippage, 4 orders: −$119.87
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$206.45
Costs to cover: 1.429%
Break-even: never at this rate

Slippage from Bitget: live order book, 38 min ago; Bybit: live order book, 4 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 Bitget live order book, 38 min ago	6.58 bp	21.1 bp −$21	68.5 bp −$685	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	4.08 bp	48.2 bp −$48	309.7 bp −$3,097	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	−0.0149%	4h	0.0006128	−0.082%	$1.3M	$556K	50x
GMX MEME/USD [WBTC.b-USDC]	L 0.0000% / S 0.0000%	1h	0.0006130	−0.049%	—	—	100x	as long as short
BloFin MEME-USDT	+0.0048%	4h	0.0006141	+0.130%	$129K	$6K	50x	as long as short
OKX MEME-USDT-SWAP	+0.0094%	4h	0.0006123	−0.163%	$617K	$1.9M	20x	as long as short
Hyperliquid MEME	+0.0100%	1h	0.0006130	−0.049%	$560K	$154K	3x	as long as short
Binance MEMEUSDT	+0.0100%	4h	0.0006130	−0.041%	$2.5M	$4.5M	50x	as long as short
Gate MEME_USDT	+0.0100%	4h	0.0006129	−0.065%	$426K	$76K	20x	as long as short
MEXC MEME_USDT	+0.0100%	4h	0.0006130	−0.049%	$920K	$337K	50x	as long as short
KuCoin MEMEUSDTM	+0.0100%	4h	0.0006131	−0.033%	$183K	$53K	30x	as long as short
Bitget MEMEUSDTlong	+0.0100%	4h	0.0006133	long leg	$442K	$751K	25x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MEME-USDT	+0.0100%	4h	0.0006129	−0.065%	—	$2.4M	—	as long as short