ME

Alert

Funding spread now, next payment 20:00 UTC+0.0215%/8h

paid, last 24h+0.001%paid, last 7 days+0.075%to open and close $10k−$179

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MEUSDT	0.07338	−0.0115	get 0.0058% / 4h	2h 32m	$1.5M	$588K	25x
Short	Gate ME_USDT	0.07330	0.0100	get 0.0100% / 8h	6h 32m	$192K	$53K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersRate

Funding earned: $45.17
Slippage, 4 orders: −$153.33
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$134.16
Break-even: 27.8 days

Slippage from Bybit: live order book, 5 min ago; Gate: live order book, just now.

Price risk

price view

Price gap now: −0.109%
Avg gap 7d: −0.036%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 5 min ago	3.41 bp	40.8 bp −$41	232.0 bp −$2,320	doesn't fit	doesn't fit
Sell Gate live order book, just now	6.81 bp	48.8 bp −$49	doesn't fit	doesn't fit	doesn't fit

ME on 13 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit MEUSDTlong	−0.0115%	4h	$1.5M	$588K	25x
OKX ME-USDT-SWAP	+0.0080%	4h	$468K	$930K	20x	as long as short
Hyperliquid ME	+0.0100%	1h	$231K	$97K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	$24K	$4K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	$2.1M	$3.6M	50x	as long as short
Gate ME_USDTshort	+0.0100%	8h	$192K	$53K	50x
MEXC ME_USDT	+0.0100%	4h	$480K	$126K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	$205K	$29K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	$627K	$382K	25x	as long as short
BingX ME-USDT	+0.0100%	4h	—	$1.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni ME	+0.0100%	4h	$11K	$1K	—	as long as short
BloFin ME-USDT	+0.0144%	4h	$115K	$6K	50x	as long as short
Reya MERUSDPERP	+0.0228%	1h	$26K	—	15x	as long as short