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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX−0.244%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1071.071% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.215%+$21 · spread now −0.244%, 7d avg +0.017%
Together, before fees+0.226%+$23 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: Gate is 0.261% cheaper against OKX than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MEME-USDT-SWAP0.00061570.0100pay 0.0050% / 4h3h 43m$641K$2.0M20x
ShortGate MEME_USDT0.00061420.0100get 0.0050% / 4h3h 43m$426K$74K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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: −0.244% → +0.017%
−$26.08
Slippage, 4 orders
−$82.05
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$133.13
Costs to cover
1.071%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Gate: live order book, 27 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 OKX live order book, 4 min ago1.63 bp18.8 bp −$191374.1 bp −$13.7Kdoesn't fitdoesn't fit
Sell Gate live order book, 27 min ago4.89 bp35.4 bp −$35doesn't fitdoesn'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%1h0.0006160+0.049%100xas long as short
Hyperliquid MEME+0.0100%1h0.0006160+0.049%$563K$154K3xas long as short
Binance MEMEUSDT+0.0100%4h0.0006163+0.097%$2.5M$4.5M50xas long as short
Bybit MEMEUSDT+0.0100%4h0.0006162+0.081%$1.3M$570K50xas long as short
OKX MEME-USDT-SWAPlong+0.0100%4h0.0006157long leg$641K$2.0M20x
Gate MEME_USDTshort+0.0100%4h0.0006142−0.244%$426K$74K20x
MEXC MEME_USDT+0.0100%4h0.0006162+0.081%$923K$343K50xas long as short
KuCoin MEMEUSDTM+0.0100%4h0.0006147−0.162%$184K$53K30xas long as short
Bitget MEMEUSDT+0.0100%4h0.0006156−0.016%$444K$760K25xas long as short
BingX MEME-USDT+0.0100%4h0.0006148−0.146%$2.4Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MEME-USDT+0.0128%4h0.00061570.000%$129K$6K50xas long as short