Funding arb · Price arb /

MEME

all MEME markets

Swap Backtest

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 0.000%

Price spread now: Binance against Gate−0.016%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1081.079% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.195%+$20 · spread now −0.016%, 7d avg +0.004%

Together, before fees+0.195%+$20 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: Binance is 0.021% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MEME_USDT	0.0006147	0.0100	pay 0.0050% / 4h	31m 26s	$431K	$77K	20x
Short	Binance MEMEUSDT	0.0006146	0.0100	get 0.0050% / 4h	31m 26s	$2.5M	$4.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → +0.004%: −$2.05
Slippage, 4 orders: −$82.94
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$109.99
Costs to cover: 1.079%
Break-even: never at this rate

Slippage from Gate: live order book, 24 min ago; Binance: live order book, 6 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 Gate live order book, 24 min ago	8.18 bp	33.6 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	2.46 bp	21.4 bp −$21	84.9 bp −$849	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
GMX MEME/USD [WBTC.b-USDC]	L 0.0000% / S 0.0000%	1h	0.0006140	−0.114%	—	—	100x	as long as short
Hyperliquid MEME	+0.0100%	1h	0.0006140	−0.114%	$553K	$183K	3x	as long as short
Binance MEMEUSDTshort	+0.0100%	4h	0.0006146	−0.016%	$2.5M	$4.9M	50x
Bybit MEMEUSDT	+0.0100%	4h	0.0006151	+0.065%	$1.2M	$655K	50x	as long as short
OKX MEME-USDT-SWAP	+0.0100%	4h	0.0006143	−0.065%	$618K	$2.1M	20x	as long as short
Gate MEME_USDTlong	+0.0100%	4h	0.0006147	long leg	$431K	$77K	20x
MEXC MEME_USDT	+0.0100%	4h	0.0006149	+0.033%	$853K	$399K	50x	as long as short
KuCoin MEMEUSDTM	+0.0100%	4h	0.0006149	+0.033%	$186K	$46K	30x	as long as short
Bitget MEMEUSDT	+0.0100%	4h	0.0006147	0.000%	$444K	$756K	25x	as long as short
BingX MEME-USDT	+0.0100%	4h	0.0006142	−0.081%	—	$2.4M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MEME-USDT	+0.0135%	4h	0.0006115	−0.521%	$127K	$6K	50x	as long as short