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

MEW

all MEW markets
SwapBacktest
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: KuCoin against MEXC−0.042%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$538as in the Funding arb table
Net, price: spread back to 7d avg − costs−$532as in the Price arb table
costs, in and out, $10k−$5335.329% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.042%, 7d avg −0.052%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MEW_USDT0.00047110.0100pay 0.0050% / 4h1h 48m$366K$184K125x
ShortKuCoin MEWUSDTM0.00047090.0100get 0.0050% / 4h1h 48m$327K$132K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$0
Price spread: −0.042% → −0.052%
$0.94
Slippage, 4 orders
−$516.92
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$531.98
Costs to cover
5.329%
Break-even
never at this rate
Slippage from MEXC: live order book, 41 min ago; KuCoin: live order book, 69 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 MEXC live order book, 41 min ago1.08 bp9.5 bp −$1043.8 bp −$438189.3 bp −$18.9Kdoesn't fit
Sell KuCoin live order book, 69 min ago15.86 bp196.9 bp −$197doesn't fitdoesn't fitdoesn't fit

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%1h0.0004700−0.233%100xas long as short
Injective MEW/USDC PERP+0.0033%1h0.0004219−10.444%$46$14K5.5xas long as short
Binance MEWUSDT+0.0100%4h0.0004711+0.006%$1.3M$3.5M50xas long as short
Bybit MEWUSDT+0.0100%4h0.0004708−0.064%$1.5M$1.5M25xas long as short
OKX MEW-USDT-SWAP+0.0100%4h0.0004705−0.127%$542K$903K20xas long as short
Gate MEW_USDT+0.0100%4h0.0004707−0.085%$138K$140K50xas long as short
MEXC MEW_USDTlong+0.0100%4h0.0004711long leg$366K$184K125x
KuCoin MEWUSDTMshort+0.0100%4h0.0004709−0.042%$327K$132K30x
Bitget MEWUSDT+0.0100%4h0.0004714+0.064%$485K$534K50xas long as short
BingX MEW-USDT+0.0100%4h0.0004709−0.042%$6.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MEW+0.0100%4h0.0004698−0.271%$83K$36Kas long as short
Kraken Futures PF_MEWUSD+0.0796%1h0.0004710−0.023%$91K$133K10xas long as short