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+0.0122%/8h= +13.3% APRpaid last 24h +0.030%
Price spread now: edgeX against Bitget+0.080%94s7-day average −0.310% · you sell dearer than you buy
Net, funding: paid 7d − costs−$299as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3533.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.542%+$54 on $10k
Price spread, last 4 days (all we have)−0.546%−$55 · spread now +0.080%, 7d avg −0.310%
Together, before fees−0.004%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.390% dearer against Bitget than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of −0.310%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MEITUANUSDT9.38500get 0.0000% / 8h4h 47m$356K$194K5x
ShortedgeX MEITUANUSDC9.39250.0122get 0.0061% / 4h47m 53s$10K$222K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$25.59
Price spread: +0.080% → −0.310%
$39
Slippage, 4 orders
−$331.75
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$288.16
Costs to cover
3.527%
Break-even
85.8 days
Slippage from Bitget: live order book, 50 min ago; edgeX: live order book, 57 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 Bitget live order book, 50 min ago22.93 bp46.8 bp −$4761.2 bp −$612doesn't fitdoesn't fit
Sell edgeX live order book, 57 min ago21.34 bp150.1 bp −$150doesn't fitdoesn't fitdoesn't fit

MEITUAN on 8 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MEITUANUSDT0.0000%8h9.3854+0.004%$3K$26220xas long as short
Binance MEITUANUSDT0.0000%4h9.3900+0.053%$1.2M$621K20xas long as short
Bybit MEITUANUSDT0.0000%8h9.4000+0.160%$49K$5K25xas long as short
Gate MEITUAN_USDT0.0000%8h9.4070+0.234%$269K$15K25xas long as short
Bitget MEITUANUSDTlong0.0000%8h9.3850long leg$356K$194K5x
HTX MEITUAN-USDT0.0000%4h9.4100+0.266%$6K$2K10xas long as short
KuCoin MEITUANUSDTM+0.0100%4h9.3800−0.053%$19K$2.9M20xas long as short
edgeX MEITUANUSDCshort+0.0122%4h9.3925+0.080%$10K$222K10x