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% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid+0.033%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1121.124% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$4 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.033%, 7d avg +0.046%
Together, before fees−0.016%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MEME0.00061500.0100pay 0.0013% / 1h6m 41s$561K$186K3x
ShortBitget MEMEUSDT0.00061520.0100get 0.0050% / 4h6m 41s$446K$750K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Hyperliquid. 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: +0.033% → +0.046%
−$1.32
Slippage, 4 orders
−$91.39
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$113.7
Costs to cover
1.124%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 23 min ago; Bitget: live order book, 49 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 Hyperliquid live order book, 23 min ago16.21 bp28.4 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 49 min ago6.54 bp25.1 bp −$25109.3 bp −$1,093doesn't fitdoesn't fit

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%1h0.00061500.000%100xas long as short
BloFin MEME-USDT+0.0071%4h0.0006159+0.146%$127K$6K50xas long as short
Hyperliquid MEMElong+0.0100%1h0.0006150long leg$561K$186K3x
Binance MEMEUSDT+0.0100%4h0.0006149−0.016%$2.4M$4.9M50xas long as short
Bybit MEMEUSDT+0.0100%4h0.0006149−0.016%$1.2M$666K50xas long as short
OKX MEME-USDT-SWAP+0.0100%4h0.0006137−0.211%$617K$2.0M20xas long as short
Gate MEME_USDT+0.0100%4h0.0006148−0.033%$432K$78K20xas long as short
MEXC MEME_USDT+0.0100%4h0.0006147−0.049%$851K$403K50xas long as short
KuCoin MEMEUSDTM+0.0100%4h0.0006155+0.081%$186K$47K30xas long as short
Bitget MEMEUSDTshort+0.0100%4h0.0006152+0.033%$446K$750K25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MEME-USDT+0.0100%4h0.0006154+0.065%$2.4Mas long as short