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

MEW

all MEW 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: BingX against Gate+0.127%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2182.179% of the position
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)+0.066%+$7 · spread now +0.127%, 7d avg +0.108%
Together, before fees+0.066%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MEW_USDT0.00047100.0100pay 0.0050% / 4h3m 23s$137K$121K50x
ShortBingX MEW-USDT0.00047160.0100get 0.0050% / 4h3m 23s$4.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: +0.127% → +0.108%
$1.97
Slippage, 4 orders
−$192.86
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$215.89
Costs to cover
2.179%
Break-even
never at this rate
Slippage from Gate: live order book, 47 min ago; BingX: live order book, 10 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 Gate live order book, 47 min ago5.42 bp83.0 bp −$83doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago6.39 bp19.6 bp −$2054.6 bp −$546714.9 bp −$71.5K1105.3 bp −$552.6K

MEW on 12 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 MEW/USD [WBTC.b-USDC]L 0.0000% / S 0.0000%1h0.0004720+0.212%100xas long as short
Injective MEW/USDC PERP+0.0033%1h0.0004219−10.425%$46$14K5.5xas long as short
Binance MEWUSDT+0.0100%4h0.0004729+0.406%$1.2M$3.0M50xas long as short
Bybit MEWUSDT+0.0100%4h0.0004719+0.191%$1.5M$1.3M25xas long as short
OKX MEW-USDT-SWAP+0.0100%4h0.0004728+0.382%$536K$805K20xas long as short
Gate MEW_USDTlong+0.0100%4h0.0004710long leg$137K$121K50x
MEXC MEW_USDT+0.0100%4h0.0004726+0.340%$392K$176K125xas long as short
KuCoin MEWUSDTM+0.0100%4h0.0004702−0.170%$330K$122K30xas long as short
Bitget MEWUSDT+0.0100%4h0.0004718+0.170%$499K$376K50xas long as short
BingX MEW-USDTshort+0.0100%4h0.0004716+0.127%$4.2M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MEW+0.0100%4h0.0004701−0.198%$83K$32Kas long as short
Kraken Futures PF_MEWUSD+0.0947%1h0.0004723+0.280%$90K$114K10xas long as short