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: MEXC against OKX+0.133%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$710.713% of the position
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)−0.189%−$19 · spread now +0.133%, 7d avg +0.035%
Together, before fees−0.214%−$21 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: MEXC is 0.098% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ME-USDT-SWAP0.075370.0100pay 0.0050% / 4h2h 03m$477K$1.2M20x
ShortMEXC ME_USDT0.075470.0100get 0.0050% / 4h2h 03m$500K$132K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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: +0.133% → +0.035%
$9.76
Slippage, 4 orders
−$57.34
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$61.58
Costs to cover
0.713%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 36 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 OKX live order book, 3 min ago5.97 bp25.0 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 36 min ago1.35 bp12.2 bp −$1229.5 bp −$295130.0 bp −$13.0Kdoesn'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
Hyperliquid ME+0.0100%1h0.07546+0.119%$236K$112K3xas long as short
Aster MEUSDT+0.0100%4h0.07547+0.132%$13K$21K5xas long as short
Binance MEUSDT+0.0100%4h0.07548+0.141%$2.2M$4.2M50xas long as short
Bybit MEUSDT+0.0100%4h0.07551+0.186%$1.5M$824K25xas long as short
OKX ME-USDT-SWAPlong+0.0100%4h0.07537long leg$477K$1.2M20x
Gate ME_USDT+0.0100%8h0.07540+0.040%$195K$75K50xas long as short
MEXC ME_USDTshort+0.0100%4h0.07547+0.133%$500K$132K20x
KuCoin MEUSDTM+0.0100%4h0.07543+0.080%$216K$32K30xas long as short
Bitget MEUSDT+0.0100%4h0.07548+0.146%$645K$436K25xas long as short
BingX ME-USDT+0.0100%4h0.07543+0.080%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07547+0.128%$12K$2Kas long as short
BloFin ME-USDT+0.0152%4h0.07549+0.159%$106K$9K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07547+0.135%$27K15xas long as short