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+0.0898%/8h= +98.3% APRnext payment +$4.49 per $10,000 · paid last 24h −0.063%
Price spread now: edgeX against KuCoin+0.288%83s7-day average −0.069% · you sell dearer than you buy
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 7 days+0.178%+$18 on $10k
Price spread, last 4 days (all we have)−0.382%−$38 · spread now +0.288%, 7d avg −0.069%
Together, before fees−0.204%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and edgeX is 0.358% dearer against KuCoin than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of −0.069%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.178% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.49 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MEITUANUSDTM9.36600.0100pay 0.0050% / 4h44m 07s$19K$2.9M20x
ShortedgeX MEITUANUSDC9.39300.0998get 0.0499% / 4h44m 07s$10K$222K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
$188.59
Price spread: +0.288% → −0.069%
$35.75
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$203.34
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 6 min ago; edgeX: live order book, 61 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 KuCoin live order book, 6 min ago4.27 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 61 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%8h9.3850+0.202%$3K$26220xas long as short
Binance MEITUANUSDT0.0000%4h9.3700+0.043%$1.2M$622K20xas long as short
Bybit MEITUANUSDT0.0000%8h9.3900+0.256%$49K$5K25xas long as short
Gate MEITUAN_USDT0.0000%8h9.4010+0.374%$269K$15K25xas long as short
Bitget MEITUANUSDT0.0000%8h9.3840+0.192%$356K$194K5xas long as short
HTX MEITUAN-USDT0.0000%4h9.3700+0.043%$6K$2K10xas long as short
KuCoin MEITUANUSDTMlong+0.0100%4h9.3660long leg$19K$2.9M20x
edgeX MEITUANUSDCshort+0.0998%4h9.3930+0.288%$10K$222K10x