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

MEME

all MEME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: MEXC against Hyperliquid−0.016%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$700.702% 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)−0.056%−$6 · spread now −0.016%, 7d avg +0.039%
Together, before fees−0.021%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 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 0.055% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MEME0.00061500.0100pay 0.0013% / 1h46m 39s$562K$155K3x
ShortMEXC MEME_USDT0.00061490.0100get 0.0050% / 4h3h 46m$921K$343K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.016% → +0.039%
−$5.48
Slippage, 4 orders
−$57.17
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$75.66
Costs to cover
0.702%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 13 min ago; MEXC: live order book, 19 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, 13 min ago8.11 bp20.2 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 19 min ago1.63 bp8.7 bp −$923.4 bp −$23467.0 bp −$6,70299.1 bp −$49.6K

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%1h0.00061500.000%100xas long as short
Hyperliquid MEMElong+0.0100%1h0.0006150long leg$562K$155K3x
Binance MEMEUSDT+0.0100%4h0.0006149−0.018%$2.5M$4.5M50xas long as short
Bybit MEMEUSDT+0.0100%4h0.0006149−0.016%$1.3M$570K50xas long as short
OKX MEME-USDT-SWAP+0.0100%4h0.0006139−0.179%$641K$2.0M20xas long as short
Gate MEME_USDT+0.0100%4h0.0006142−0.130%$426K$74K20xas long as short
MEXC MEME_USDTshort+0.0100%4h0.0006149−0.016%$921K$343K50x
KuCoin MEMEUSDTM+0.0100%4h0.0006147−0.049%$184K$53K30xas long as short
Bitget MEMEUSDT+0.0100%4h0.00061500.000%$444K$760K25xas long as short
BingX MEME-USDT+0.0100%4h0.0006145−0.081%$2.4Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MEME-USDT+0.0131%4h0.0006157+0.114%$129K$6K50xas long as short