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 −0.036%
Price spread now: Gate against edgeX+0.154%97s7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$833as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$7677.671% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.660%−$66 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.154%, 7d avg +0.122%
Together, before fees−0.597%+ Points / potential airdropedgeX: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.032% dearer against edgeX than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of +0.122%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.660% in total) that is about 8 hours. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MEITUANUSDC9.39250.0122pay 0.0061% / 4h47m 48s$10K$222K10x
ShortGate MEITUAN_USDT9.40700get 0.0000% / 8h4h 47m$269K$15K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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: +0.154% → +0.122%
$3.24
Slippage, 4 orders
−$743.14
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$789.49
Costs to cover
7.671%
Break-even
never at this rate
Slippage from edgeX: live order book, 57 min ago; Gate: live order book, 55 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 edgeX live order book, 57 min ago21.34 bp126.9 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 55 min ago18.10 bp161.2 bp −$161doesn'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%8h9.3854−0.075%$3K$26220xas long as short
Binance MEITUANUSDT0.0000%4h9.3900−0.027%$1.2M$621K20xas long as short
Bybit MEITUANUSDT0.0000%8h9.4000+0.080%$49K$5K25xas long as short
Gate MEITUAN_USDTshort0.0000%8h9.4070+0.154%$269K$15K25x
Bitget MEITUANUSDT0.0000%8h9.3850−0.080%$356K$194K5xas long as short
HTX MEITUAN-USDT0.0000%4h9.4100+0.186%$6K$2K10xas long as short
KuCoin MEITUANUSDTM+0.0100%4h9.3800−0.133%$19K$2.9M20xas long as short
edgeX MEITUANUSDClong+0.0122%4h9.3925long leg$10K$222K10x