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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.027%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$980.976% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.027%, 7d avg +0.018%
Together, before fees−0.084%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ME-USDT0.074510.0100pay 0.0050% / 4h3h 09m$1.3M
ShortBitget MEUSDT0.074530.0100get 0.0050% / 4h3h 09m$643K$409K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: +0.027% → +0.018%
$0.91
Slippage, 4 orders
−$75.62
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$96.72
Costs to cover
0.976%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 61 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 BingX live order book, 7 min ago5.37 bp23.6 bp −$24139.5 bp −$1,395646.4 bp −$64.6K832.6 bp −$416.3K
Sell Bitget live order book, 61 min ago4.72 bp23.3 bp −$2377.3 bp −$773doesn't fitdoesn't fit

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%1h0.07452+0.013%$235K$97K3xas long as short
Aster MEUSDT+0.0100%4h0.07448−0.046%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07452+0.013%$2.2M$3.9M50xas long as short
Bybit MEUSDT+0.0100%4h0.07452+0.013%$1.5M$668K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.074510.000%$479K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07440−0.148%$190K$73K50xas long as short
MEXC ME_USDT+0.0100%4h0.07450−0.013%$508K$131K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07459+0.107%$208K$26K30xas long as short
Bitget MEUSDTshort+0.0100%4h0.07453+0.027%$643K$409K25x
BingX ME-USDTlong+0.0100%4h0.07451long leg$1.3M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07447−0.050%$12K$2Kas long as short
BloFin ME-USDT+0.0153%4h0.07449−0.027%$109K$7K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07451+0.005%$26K15xas long as short