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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.9% APRnext payment $0.13 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Aster+0.027%62s7-day average · 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 5 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 · farm boardneeds both histories
The price spread pays, funding is against you. BloFin is 0.027% dearer against Aster than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MEUSDT0.073840.0100pay 0.0050% / 4h24m 10s$17K$11K5x
ShortBloFin ME-USDT0.073860.0074get 0.0037% / 4h24m 10s$109K$7K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$5.56
Price spread: +0.027% → 0.000%
$2.67
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$22.89
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 36 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 BloFin live order book, 36 min ago2.04 bp19.0 bp −$1958.6 bp −$586doesn'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.

ME on 13 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
BloFin ME-USDTshort+0.0074%4h0.07386+0.027%$109K$7K50x
Hyperliquid ME+0.0100%1h0.07376−0.109%$232K$96K3xas long as short
Aster MEUSDTlong+0.0100%4h0.07384long leg$17K$11K5x
Binance MEUSDT+0.0100%4h0.07381−0.037%$2.1M$3.9M50xas long as short
Bybit MEUSDT+0.0100%4h0.07381−0.041%$1.5M$652K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07370−0.190%$475K$1.0M20xas long as short
Gate ME_USDT+0.0100%8h0.07380−0.055%$189K$74K50xas long as short
MEXC ME_USDT+0.0100%4h0.07382−0.028%$501K$130K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07396+0.162%$206K$25K30xas long as short
Bitget MEUSDT+0.0100%4h0.07385+0.013%$642K$416K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07385+0.013%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07388+0.049%$11K$790as long as short
Reya MERUSDPERP+0.0228%1h0.07383−0.008%$26K15xas long as short