MEW

Alert

Funding spread now, next payment 16:00 UTC+0.0100%/8h

paid, last 24h+0.030%paid, last 3 days+0.210%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MEW/USD [WBTC.b-USDC]	0.0004600	L 0.0000% / S 0.0000%	get 0.0000% / 1h	29m 00s	—	—	100x
Short	MEXC MEW_USDT	0.0004613	0.0100	get 0.0050% / 4h	29m 00s	$394K	$166K	125x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee MEXCbpOrdersRate

Funding earned: $21
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: $5
Break-even: 5.3 days

Slippage unknown: GMX: no order-book sample; MEXC: live order book, 3 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.283%
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 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GMX no order-book sample	—	—	—	—	—
Sell MEXC live order book, 3 min ago	1.09 bp	11.4 bp −$11	48.1 bp −$481	190.7 bp −$19.1K	doesn'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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
GMX MEW/USD [WBTC.b-USDC]long	L 0.0000% / S 0.0000%	1h	—	—	100x
Injective MEW/USDC PERP	+0.0033%	1h	$46	$26K	5.5x	as long as short
Binance MEWUSDT	+0.0100%	4h	$1.1M	$2.1M	50x	as long as short
Bybit MEWUSDT	+0.0100%	4h	$1.4M	$683K	25x	as long as short
OKX MEW-USDT-SWAP	+0.0100%	4h	$515K	$536K	20x	as long as short
Gate MEW_USDT	+0.0100%	4h	$120K	$68K	50x	as long as short
MEXC MEW_USDTshort	+0.0100%	4h	$394K	$166K	125x
KuCoin MEWUSDTM	+0.0100%	4h	$355K	$93K	30x	as long as short
Bitget MEWUSDT	+0.0100%	4h	$478K	$279K	50x	as long as short
BingX MEW-USDT	+0.0100%	4h	—	$22.2M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni MEW	+0.0100%	4h	$51K	$130	—	as long as short
Kraken Futures PF_MEWUSD	+0.0295%	1h	$94K	$122K	10x	as long as short