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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.02 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Variational Omni−0.094%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.094% cheaper against Variational Omni than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ME0.075610.0100pay 0.0050% / 4h3h 24m$12K$2K
ShortBloFin ME-USDT0.075540.0096get 0.0048% / 4h3h 24m$109K$8K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
−$0.82
Price spread: −0.094% → 0.000%
−$9.39
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$22.21
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 63 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 Variational Omni no order-book sample
Sell BloFin live order book, 63 min ago1.98 bp18.4 bp −$1853.7 bp −$537doesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDTshort+0.0096%4h0.07554−0.094%$109K$8K50x
Hyperliquid ME+0.0100%1h0.07538−0.306%$236K$110K3xas long as short
Aster MEUSDT+0.0100%4h0.07537−0.319%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07541−0.268%$2.2M$4.1M50xas long as short
Bybit MEUSDT+0.0100%4h0.07537−0.319%$1.6M$788K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07528−0.438%$473K$1.2M20xas long as short
Gate ME_USDT+0.0100%8h0.07530−0.411%$192K$71K50xas long as short
MEXC ME_USDT+0.0100%4h0.07539−0.292%$500K$130K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07541−0.266%$214K$31K30xas long as short
Bitget MEUSDT+0.0100%4h0.07537−0.319%$648K$439K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07534−0.358%$1.3Mas long as short
Variational Omni MElong+0.0100%4h0.07561long leg$12K$2K
Reya MERUSDPERP+0.0228%1h0.07536−0.331%$27K15xas long as short