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

MEW

all MEW markets
SwapBacktest
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: Binance against MEXC0.000%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$810.812% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.153%−$15 · spread now 0.000%, 7d avg −0.003%
Together, before fees−0.153%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MEW_USDT0.00046540.0100pay 0.0050% / 4h1h 26m$387K$175K125x
ShortBinance MEWUSDT0.00046540.0100get 0.0050% / 4h1h 26m$1.2M$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: 0.000% → −0.003%
$0.29
Slippage, 4 orders
−$67.2
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$80.91
Costs to cover
0.812%
Break-even
never at this rate
Slippage from MEXC: live order book, 19 min ago; Binance: live order book, 9 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 MEXC live order book, 19 min ago1.08 bp9.6 bp −$1044.7 bp −$447197.8 bp −$19.8Kdoesn't fit
Sell Binance live order book, 9 min ago4.31 bp29.0 bp −$2990.6 bp −$906doesn'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 MEWUSDTshort+0.0100%4h0.00046540.000%$1.2M$2.9M50x
Bybit MEWUSDT+0.0100%4h0.0004651−0.064%$1.4M$1.2M25xas long as short
OKX MEW-USDT-SWAP+0.0100%4h0.0004645−0.193%$525K$759K20xas long as short
Gate MEW_USDT+0.0100%4h0.0004647−0.150%$135K$120K50xas long as short
MEXC MEW_USDTlong+0.0100%4h0.0004654long leg$387K$175K125x
KuCoin MEWUSDTM+0.0100%4h0.0004655+0.021%$346K$118K30xas long as short
Bitget MEWUSDT+0.0100%4h0.0004647−0.150%$496K$374K50xas long as short
BingX MEW-USDT+0.0100%4h0.0004651−0.064%$24.2Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MEW+0.0100%4h0.0004658+0.087%$81K$32Kas long as short
Kraken Futures PF_MEWUSD+0.1044%1h0.0004660+0.118%$92K$108K10xas long as short