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

MEW

all MEW markets
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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: Bybit against Bitget−0.107%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.107%, 7d avg −0.093%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MEWUSDT0.00046540.0100pay 0.0050% / 4h2h 00m$500K$375K50x
ShortBybit MEWUSDT0.00046490.0100get 0.0050% / 4h2h 00m$1.4M$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: −0.107% → −0.093%
−$1.42
Slippage, 4 orders
−$86.31
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$110.72
Costs to cover
1.093%
Break-even
never at this rate
Slippage from Bitget: live order book, 60 min ago; Bybit: live order book, 5 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 Bitget live order book, 60 min ago8.60 bp29.5 bp −$30329.0 bp −$3,290doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago7.53 bp26.1 bp −$2667.4 bp −$674doesn't fitdoesn't fit

MEW on 12 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
GMX MEW/USD [WBTC.b-USDC]L 0.0000% / S 0.0000%1h0.0004640−0.301%100xas long as short
Injective MEW/USDC PERP+0.0033%1h0.0004219−9.347%$46$14K5.5xas long as short
Binance MEWUSDT+0.0100%4h0.0004652−0.043%$1.2M$2.9M50xas long as short
Bybit MEWUSDTshort+0.0100%4h0.0004649−0.107%$1.4M$1.2M25x
OKX MEW-USDT-SWAP+0.0100%4h0.0004648−0.129%$525K$750K20xas long as short
Gate MEW_USDT+0.0100%4h0.0004648−0.129%$136K$120K50xas long as short
MEXC MEW_USDT+0.0100%4h0.0004651−0.064%$386K$180K125xas long as short
KuCoin MEWUSDTM+0.0100%4h0.0004649−0.107%$336K$116K30xas long as short
Bitget MEWUSDTlong+0.0100%4h0.0004654long leg$500K$375K50x
BingX MEW-USDT+0.0100%4h0.0004655+0.021%$24.2Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MEW+0.0100%4h0.0004649−0.103%$82K$32Kas long as short
Kraken Futures PF_MEWUSD+0.0814%1h0.0004655+0.011%$93K$107K10xas long as short