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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid+0.027%7-day average +0.032% · 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−0.066%−$7 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.027%, 7d avg +0.032%
Together, before fees+0.004%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ME0.073670.0100pay 0.0013% / 1h29m 35s$232K$99K3x
ShortBinance MEUSDT0.073690.0100get 0.0050% / 4h2h 29m$2.1M$3.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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% → +0.032%
−$0.54
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$19.54
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 54 min ago; Binance: live order book, 7 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 Hyperliquid live order book, 54 min ago2.03 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago2.04 bp18.2 bp −$1866.6 bp −$666doesn'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
BloFin ME-USDT+0.0052%4h0.07369+0.027%$109K$8K50xas long as short
Hyperliquid MElong+0.0100%1h0.07367long leg$232K$99K3x
Aster MEUSDT+0.0100%4h0.07368+0.018%$17K$11K5xas long as short
Binance MEUSDTshort+0.0100%4h0.07369+0.027%$2.1M$3.8M50x
Bybit MEUSDT+0.0100%4h0.07366−0.014%$1.5M$625K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07364−0.041%$469K$980K20xas long as short
Gate ME_USDT+0.0100%8h0.07370+0.041%$203K$65K50xas long as short
MEXC ME_USDT+0.0100%4h0.07369+0.027%$496K$127K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07376+0.122%$206K$26K30xas long as short
Bitget MEUSDT+0.0100%4h0.07369+0.027%$637K$416K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07366−0.014%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07366−0.018%$11K$1Kas long as short
Reya MERUSDPERP+0.0228%1h0.07369+0.022%$26K15xas long as short