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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.044%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$890.894% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 7 days+0.026%+$3 · spread now +0.044%, 7d avg +0.032%
Together, before fees+0.094%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEUSDT0.073430.0100pay 0.0050% / 4h2h 06m$2.1M$3.8M50x
ShortBingX ME-USDT0.073460.0100get 0.0050% / 4h2h 06m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$0
Price spread: +0.044% → +0.032%
$1.18
Slippage, 4 orders
−$69.4
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$88.22
Costs to cover
0.894%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; BingX: live order book, 10 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 Binance live order book, 15 min ago0.68 bp23.1 bp −$23166.5 bp −$1,665doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago4.07 bp20.9 bp −$2159.7 bp −$597561.8 bp −$56.2K804.2 bp −$402.1K

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
Hyperliquid ME+0.0100%1h0.07340−0.038%$230K$98K3xas long as short
Aster MEUSDT+0.0100%4h0.07349+0.080%$17K$11K5xas long as short
Binance MEUSDTlong+0.0100%4h0.07343long leg$2.1M$3.8M50x
Bybit MEUSDT+0.0100%4h0.07342−0.010%$1.4M$625K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07340−0.038%$467K$975K20xas long as short
Gate ME_USDT+0.0100%8h0.07350+0.099%$202K$65K50xas long as short
MEXC ME_USDT+0.0100%4h0.07344+0.017%$503K$129K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07353+0.139%$205K$25K30xas long as short
Bitget MEUSDT+0.0100%4h0.07344+0.017%$635K$416K25xas long as short
BingX ME-USDTshort+0.0100%4h0.07346+0.044%$1.3M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07349+0.082%$11K$1Kas long as short
BloFin ME-USDT+0.0125%4h0.07354+0.153%$108K$8K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07342−0.008%$26K15xas long as short