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

MEITUAN

RWAall MEITUAN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0597%/8h= −65.4% APRpaid last 24h +0.036%
Price spread now: edgeX against Aster−0.068%80s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and edgeX is 0.068% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MEITUANUSDT9.36000get 0.0000% / 8h7h 12m$3K$26220x
ShortedgeX MEITUANUSDC9.3536−0.0597pay 0.0299% / 4h3h 12m$10K$223K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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
−$125.47
Price spread: −0.068% → 0.000%
−$6.79
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$149.26
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; edgeX: live order book, 20 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell edgeX live order book, 20 min ago21.34 bp146.6 bp −$147doesn't fitdoesn't fitdoesn't fit
Aster: 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.

MEITUAN on 8 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
edgeX MEITUANUSDCshort−0.0597%4h9.3536−0.068%$10K$223K10x
Aster MEITUANUSDTlong0.0000%8h9.3600long leg$3K$26220x
Bybit MEITUANUSDT0.0000%8h9.3700+0.107%$49K$5K25xas long as short
Gate MEITUAN_USDT0.0000%8h9.3740+0.150%$269K$17K25xas long as short
HTX MEITUAN-USDT0.0000%4h9.4100+0.534%$6K$2K10xas long as short
KuCoin MEITUANUSDTM+0.0100%4h9.3460−0.150%$19K$2.8M20xas long as short
Bitget MEITUANUSDT+0.0116%8h9.3730+0.139%$351K$194K5xas long as short
Binance MEITUANUSDT+0.0146%4h9.3550−0.053%$1.2M$612K20xas long as short