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

MEME

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Gate against GMX+0.162%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.162% dearer against GMX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MEME/USD [WBTC.b-USDC]0.0006160L 0.0000% / S 0.0000%get 0.0000% / 1h55m 40s100x
ShortGate MEME_USDT0.00061700.0100get 0.0050% / 4h2h 55m$431K$73K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against GMX. 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
$21
Price spread: +0.162% → 0.000%
$16.23
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$10.23
Costs to cover
0.270%
Break-even
3.6 days
Slippage unknown: GMX: no order-book sample; Gate: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Gate live order book, 10 min ago7.18 bp34.2 bp −$34doesn't fitdoesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]longL 0.0000% / S 0.0000%1h0.0006160long leg100x
Bybit MEMEUSDT+0.0012%4h0.0006178+0.292%$1.3M$608K50xas long as short
Hyperliquid MEME+0.0100%1h0.0006180+0.325%$572K$162K3xas long as short
Binance MEMEUSDT+0.0100%4h0.0006176+0.255%$2.5M$4.7M50xas long as short
OKX MEME-USDT-SWAP+0.0100%4h0.0006174+0.227%$639K$2.1M20xas long as short
Gate MEME_USDTshort+0.0100%4h0.0006170+0.162%$431K$73K20x
MEXC MEME_USDT+0.0100%4h0.0006178+0.292%$926K$359K50xas long as short
KuCoin MEMEUSDTM+0.0100%4h0.0006175+0.244%$185K$53K30xas long as short
Bitget MEMEUSDT+0.0100%4h0.0006176+0.260%$444K$771K25xas long as short
BingX MEME-USDT+0.0100%4h0.0006169+0.146%$2.4Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MEME-USDT+0.0130%4h0.0006210+0.812%$130K$6K50xas long as short