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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin+0.118%7-day average −0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$624as in the Funding arb table
Net, price: spread back to 7d avg − costs−$600as in the Price arb table
costs, in and out, $10k−$6206.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.118%, 7d avg −0.086%
Together, before fees−0.166%−$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.204% dearer against KuCoin than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MEUSDTM0.076060.0100pay 0.0050% / 4h48m 22s$217K$33K30x
ShortOKX ME-USDT-SWAP0.076150.0100get 0.0050% / 4h48m 22s$483K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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: +0.118% → −0.086%
$20.39
Slippage, 4 orders
−$598.16
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$599.78
Costs to cover
6.202%
Break-even
never at this rate
Slippage from KuCoin: live order book, 53 min ago; OKX: live order book, 3 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 KuCoin live order book, 53 min ago31.90 bp312.5 bp −$313doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago5.93 bp26.8 bp −$27doesn't fitdoesn'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+0.0044%4h0.07595−0.145%$108K$9K50xas long as short
Hyperliquid ME+0.0100%1h0.07613+0.092%$239K$115K3xas long as short
Aster MEUSDT+0.0100%4h0.07614+0.107%$13K$21K5xas long as short
Binance MEUSDT+0.0100%4h0.07617+0.139%$2.2M$4.2M50xas long as short
Bybit MEUSDT+0.0100%4h0.07616+0.131%$1.6M$849K25xas long as short
OKX ME-USDT-SWAPshort+0.0100%4h0.07615+0.118%$483K$1.3M20x
Gate ME_USDT+0.0100%8h0.07610+0.053%$199K$78K50xas long as short
MEXC ME_USDT+0.0100%4h0.07610+0.053%$510K$131K20xas long as short
KuCoin MEUSDTMlong+0.0100%4h0.07606long leg$217K$33K30x
Bitget MEUSDT+0.0100%4h0.07614+0.105%$654K$429K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07610+0.053%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07589−0.223%$11K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07615+0.121%$27K15xas long as short