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 +0.005%
Price spread now: MEXC against Bybit−0.065%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1231.234% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.120%+$12 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.065%, 7d avg −0.038%
Together, before fees+0.013%+$1 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: MEXC is 0.026% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MEMEUSDT0.00061670.0100pay 0.0050% / 4h27m 16s$1.2M$655K50x
ShortMEXC MEME_USDT0.00061630.0100get 0.0050% / 4h27m 16s$855K$399K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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: −0.065% → −0.038%
−$2.64
Slippage, 4 orders
−$108.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$126.04
Costs to cover
1.234%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 23 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 Bybit live order book, 3 min ago4.07 bp53.7 bp −$54doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 23 min ago3.29 bp9.2 bp −$930.9 bp −$30954.3 bp −$5,43375.3 bp −$37.6K

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%1h0.0006150−0.276%100xas long as short
BloFin MEME-USDT+0.0085%4h0.0006163−0.065%$126K$6K50xas long as short
Hyperliquid MEME+0.0100%1h0.0006160−0.114%$557K$185K3xas long as short
Binance MEMEUSDT+0.0100%4h0.0006157−0.159%$2.5M$4.9M50xas long as short
Bybit MEMEUSDTlong+0.0100%4h0.0006167long leg$1.2M$655K50x
OKX MEME-USDT-SWAP+0.0100%4h0.0006153−0.227%$618K$2.1M20xas long as short
Gate MEME_USDT+0.0100%4h0.0006163−0.065%$432K$77K20xas long as short
MEXC MEME_USDTshort+0.0100%4h0.0006163−0.065%$855K$399K50x
KuCoin MEMEUSDTM+0.0100%4h0.0006162−0.081%$186K$45K30xas long as short
Bitget MEMEUSDT+0.0100%4h0.0006162−0.081%$445K$752K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MEME-USDT+0.0100%4h0.0006164−0.049%$2.4Mas long as short