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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid+0.053%7-day average +0.066% · 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−0.025%−$3 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now +0.053%, 7d avg +0.066%
Together, before fees+0.068%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ME0.075330.0100pay 0.0013% / 1h10m 25s$235K$110K3x
ShortBitget MEUSDT0.075370.0100get 0.0050% / 4h3h 10m$648K$432K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.053% → +0.066%
−$1.3
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$22.3
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 69 min ago; Bitget: live order book, 40 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, 69 min ago0.66 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 40 min ago5.94 bp26.2 bp −$2693.3 bp −$933doesn'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+0.0047%4h0.07535+0.027%$109K$8K50xas long as short
Hyperliquid MElong+0.0100%1h0.07533long leg$235K$110K3x
Aster MEUSDT+0.0100%4h0.07537+0.053%$13K$21K5xas long as short
Binance MEUSDT+0.0100%4h0.07533−0.006%$2.2M$4.1M50xas long as short
Bybit MEUSDT+0.0100%4h0.07538+0.066%$1.6M$791K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07526−0.093%$471K$1.2M20xas long as short
Gate ME_USDT+0.0100%8h0.07530−0.040%$191K$72K50xas long as short
MEXC ME_USDT+0.0100%4h0.07532−0.013%$500K$131K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07545+0.159%$214K$31K30xas long as short
Bitget MEUSDTshort+0.0100%4h0.07537+0.053%$648K$432K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07539+0.080%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07510−0.304%$12K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07530−0.045%$27K15xas long as short