Funding arb · Price arb /

MEW

all MEW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against MEXC+0.193%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.193% dearer against MEXC than usual: you sell high and buy low, +$19 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MEW_USDT	0.0004731	0.0100	pay 0.0050% / 4h	11m 25s	$379K	$181K	125x
Short	Variational Omni MEW	0.0004740	0.0100	get 0.0050% / 4h	11m 25s	$83K	$38K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.193%Rate

Funding earned: $0
Price spread: +0.193% → 0.000%: $19.34
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $15.34
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: MEXC: live order book, 12 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 12 min ago	1.05 bp	13.6 bp −$14	57.3 bp −$573	193.8 bp −$19.4K	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MEW on 12 exchanges

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 MEW/USD [WBTC.b-USDC]	L 0.0000% / S 0.0000%	1h	0.0004720	−0.233%	—	—	100x	as long as short
Injective MEW/USDC PERP	+0.0033%	1h	0.0004219	−10.822%	$46	$14K	5.5x	as long as short
Binance MEWUSDT	+0.0100%	4h	0.0004733	+0.044%	$1.3M	$3.6M	50x	as long as short
Bybit MEWUSDT	+0.0100%	4h	0.0004732	+0.021%	$1.5M	$1.6M	25x	as long as short
OKX MEW-USDT-SWAP	+0.0100%	4h	0.0004729	−0.042%	$564K	$1.0M	20x	as long as short
Gate MEW_USDT	+0.0100%	4h	0.0004727	−0.085%	$135K	$115K	50x	as long as short
MEXC MEW_USDTlong	+0.0100%	4h	0.0004731	long leg	$379K	$181K	125x
KuCoin MEWUSDTM	+0.0100%	4h	0.0004736	+0.106%	$373K	$115K	30x	as long as short
Bitget MEWUSDT	+0.0100%	4h	0.0004734	+0.063%	$476K	$578K	50x	as long as short
BingX MEW-USDT	+0.0100%	4h	0.0004736	+0.106%	—	$9.3M	—	as long as short

Show all 12 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MEWshort	+0.0100%	4h	0.0004740	+0.193%	$83K	$38K	—
Kraken Futures PF_MEWUSD	+0.1033%	1h	0.0004735	+0.093%	$100K	$134K	10x	as long as short