MEW

Alert

Funding spread now, next payment 17:00 UTC+0.0067%/8h

paid, last 24h+0.018%paid, last 4 days+0.189%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MEW/USDC PERP	0.0004219	0.0033	pay 0.0004% / 1h	2m 15s	$46	$26K	5.5x
Short	Bybit MEWUSDT	0.0004632	0.0100	get 0.0050% / 4h	3h 02m	$1.4M	$844K	25x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee BybitbpOrdersRate

Funding earned: $14
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $2.98
Break-even: 5.5 days

Slippage unknown: Injective: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: +9.789%
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 Injective no order-book sample	—	—	—	—	—
Sell Bybit live order book, 5 min ago	5.39 bp	26.2 bp −$26	167.0 bp −$1,670	doesn't fit	doesn't fit

Injective: 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
Kraken Futures PF_MEWUSD	−0.0675%	1h	$93K	$130K	10x	as long as short
GMX MEW/USD [WBTC.b-USDC]	L 0.0000% / S 0.0000%	1h	—	—	100x	as long as short
Injective MEW/USDC PERPlong	+0.0033%	1h	$46	$26K	5.5x
OKX MEW-USDT-SWAP	+0.0046%	4h	$514K	$624K	20x	as long as short
Binance MEWUSDT	+0.0100%	4h	$1.1M	$2.4M	50x	as long as short
Bybit MEWUSDTshort	+0.0100%	4h	$1.4M	$844K	25x
Gate MEW_USDT	+0.0100%	4h	$120K	$72K	50x	as long as short
MEXC MEW_USDT	+0.0100%	4h	$379K	$173K	125x	as long as short
KuCoin MEWUSDTM	+0.0100%	4h	$369K	$101K	30x	as long as short
Bitget MEWUSDT	+0.0100%	4h	$485K	$329K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BingX MEW-USDT	+0.0100%	4h	—	$22.2M	—	as long as short
Variational Omni MEW	+0.0100%	4h	$52K	$130	—	as long as short