MEME

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.006%

Price spread now: Bybit against Gate+0.129%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$175as in the Funding arb table

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$1631.629% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.129%, 7d avg +0.034%

Together, before fees−0.160%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.095% dearer against Gate than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of +0.034%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days. At the pace of the last 7 days (−0.121% in total) that is about 5.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MEME_USDT	0.0006181	0.0100	pay 0.0050% / 4h	2h 12m	$428K	$77K	20x
Short	Bybit MEMEUSDT	0.0006189	0.0080	get 0.0040% / 4h	2h 12m	$1.3M	$631K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.129%Rate

Funding earned: −$4.23
Price spread: +0.129% → +0.034%: $9.5
Slippage, 4 orders: −$136.87
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$157.6
Costs to cover: 1.629%
Break-even: never at this rate

Slippage from Gate: live order book, 54 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 Gate live order book, 54 min ago	7.18 bp	29.7 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	4.03 bp	50.2 bp −$50	doesn't fit	doesn't fit	doesn't fit

MEME on 10 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	0.0006170	−0.178%	—	—	100x	as long as short
Bybit MEMEUSDTshort	+0.0080%	4h	0.0006189	+0.129%	$1.3M	$631K	50x
Hyperliquid MEME	+0.0100%	1h	0.0006190	+0.146%	$572K	$159K	3x	as long as short
Binance MEMEUSDT	+0.0100%	4h	0.0006190	+0.152%	$2.5M	$4.8M	50x	as long as short
OKX MEME-USDT-SWAP	+0.0100%	4h	0.0006172	−0.146%	$641K	$2.1M	20x	as long as short
Gate MEME_USDTlong	+0.0100%	4h	0.0006181	long leg	$428K	$77K	20x
MEXC MEME_USDT	+0.0100%	4h	0.0006190	+0.146%	$904K	$385K	50x	as long as short
KuCoin MEMEUSDTM	+0.0100%	4h	0.0006187	+0.097%	$186K	$53K	30x	as long as short
Bitget MEMEUSDT	+0.0100%	4h	0.0006191	+0.162%	$446K	$757K	25x	as long as short
BingX MEME-USDT	+0.0100%	4h	0.0006187	+0.097%	—	$2.4M	—	as long as short