Funding arb · Price arb /

MEME

all MEME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC−0.011%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$600.601% of the position

Long on MEXC 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)+0.088%+$9 · spread now −0.011%, 7d avg +0.009%

Together, before fees+0.088%+$9 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 0.020% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MEME_USDT	0.0006150	0.0100	pay 0.0050% / 4h	23m 50s	$853K	$465K	50x
Short	Binance MEMEUSDT	0.0006149	0.0100	get 0.0050% / 4h	23m 50s	$2.4M	$5.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now −0.011%Rate

Funding earned: $0
Price spread: −0.011% → +0.009%: −$2.05
Slippage, 4 orders: −$46.09
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$62.13
Costs to cover: 0.601%
Break-even: never at this rate

Slippage from MEXC: live order book, 7 min ago; Binance: live order book, 14 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 MEXC live order book, 7 min ago	4.87 bp	10.8 bp −$11	32.0 bp −$320	62.5 bp −$6,248	93.2 bp −$46.6K
Sell Binance live order book, 14 min ago	4.05 bp	19.4 bp −$19	72.0 bp −$720	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	0.0006150	0.000%	—	—	100x	as long as short
Hyperliquid MEME	+0.0100%	1h	0.0006150	0.000%	$542K	$217K	3x	as long as short
Binance MEMEUSDTshort	+0.0100%	4h	0.0006149	−0.011%	$2.4M	$5.4M	50x
Bybit MEMEUSDT	+0.0100%	4h	0.0006148	−0.033%	$1.2M	$776K	50x	as long as short
OKX MEME-USDT-SWAP	+0.0100%	4h	0.0006149	−0.016%	$618K	$2.1M	20x	as long as short
Gate MEME_USDT	+0.0100%	4h	0.0006149	−0.016%	$434K	$92K	20x	as long as short
MEXC MEME_USDTlong	+0.0100%	4h	0.0006150	long leg	$853K	$465K	50x
KuCoin MEMEUSDTM	+0.0100%	4h	0.0006151	+0.016%	$171K	$49K	30x	as long as short
Bitget MEMEUSDT	+0.0100%	4h	0.0006151	+0.016%	$469K	$821K	25x	as long as short
BingX MEME-USDT	+0.0100%	4h	0.0006152	+0.033%	—	$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	+0.0127%	4h	0.0006165	+0.244%	$126K	$7K	50x	as long as short