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: BingX against MEXC−0.027%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.027%, 7d avg +0.019%
Together, before fees+0.120%+$12 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: BingX is 0.046% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ME_USDT0.074320.0100pay 0.0050% / 4h3h 26m$507K$130K20x
ShortBingX ME-USDT0.074300.0100get 0.0050% / 4h3h 26m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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% → +0.019%
−$4.58
Slippage, 4 orders
−$45.05
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$63.63
Costs to cover
0.590%
Break-even
never at this rate
Slippage from MEXC: live order book, 38 min ago; BingX: 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 MEXC live order book, 38 min ago0.67 bp6.4 bp −$620.8 bp −$208121.8 bp −$12.2Kdoesn't fit
Sell BingX live order book, 3 min ago5.39 bp21.4 bp −$2168.5 bp −$685584.5 bp −$58.4K815.7 bp −$407.9K

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+0.0066%4h0.07424−0.108%$109K$7K50xas long as short
Hyperliquid ME+0.0100%1h0.07431−0.013%$234K$95K3xas long as short
Binance MEUSDT+0.0100%4h0.07435+0.039%$2.2M$3.9M50xas long as short
Bybit MEUSDT+0.0100%4h0.074320.000%$1.5M$670K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07433+0.013%$480K$1.0M20xas long as short
Gate ME_USDT+0.0100%8h0.07430−0.027%$190K$73K50xas long as short
MEXC ME_USDTlong+0.0100%4h0.07432long leg$507K$130K20x
KuCoin MEUSDTM+0.0100%4h0.07429−0.040%$207K$25K30xas long as short
Bitget MEUSDT+0.0100%4h0.07430−0.027%$641K$409K25xas long as short
BingX ME-USDTshort+0.0100%4h0.07430−0.027%$1.3M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07432−0.002%$12K$2Kas long as short
Aster MEUSDT+0.0130%4h0.07426−0.077%$17K$11K5xas long as short
Reya MERUSDPERP+0.0228%1h0.07425−0.089%$26K15xas long as short