data as of
Settings8H · net · $10k
Funding arb /

MEW

all MEW markets
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Funding spread now, next payment 15:00 UTC+0.0100%/8h
paid, last 24h+0.030%paid, last 3 days+0.198%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MEW/USD [WBTC.b-USDC]0.0004540L 0.0000% / S 0.0000%get 0.0000% / 1h33m 10s100x
ShortBybit MEWUSDT0.00045470.0100get 0.0050% / 4h1h 33m$1.4M$380K25x

Funding history

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Funding on every exchange

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Profit calculator

Funding earned
$21
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$2
Break-even
7.7 days
Slippage unknown: GMX: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.154%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Bybit live order book, 4 min ago4.43 bp34.0 bp −$34161.7 bp −$1,617doesn't fitdoesn't fit
GMX: 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.

MEW on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
GMX MEW/USD [WBTC.b-USDC]longL 0.0000% / S 0.0000%1h100x
Injective MEW/USDC PERP+0.0033%1h$46$41K5.5xas long as short
Binance MEWUSDT+0.0100%4h$1.1M$1.4M50xas long as short
Bybit MEWUSDTshort+0.0100%4h$1.4M$380K25x
OKX MEW-USDT-SWAP+0.0100%4h$516K$355K20xas long as short
Gate MEW_USDT+0.0100%4h$129K$48K50xas long as short
MEXC MEW_USDT+0.0100%4h$316K$147K125xas long as short
KuCoin MEWUSDTM+0.0100%4h$336K$80K30xas long as short
Bitget MEWUSDT+0.0100%4h$487K$210K50xas long as short
BingX MEW-USDT+0.0100%4h$22.0Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni MEW+0.0100%4h$50K$152as long as short
Kraken Futures PF_MEWUSD+0.0103%1h$91K$105K10xas long as short