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: Bybit against MEXC−0.086%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$820.819% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.086%, 7d avg −0.080%
Together, before fees+0.026%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MEW_USDT0.00046620.0100pay 0.0050% / 4h3h 01m$387K$176K125x
ShortBybit MEWUSDT0.00046580.0100get 0.0050% / 4h3h 01m$1.5M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.086% → −0.080%
−$0.63
Slippage, 4 orders
−$66.86
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$82.49
Costs to cover
0.819%
Break-even
never at this rate
Slippage from MEXC: live order book, 54 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 MEXC live order book, 54 min ago1.07 bp10.8 bp −$1154.9 bp −$549195.0 bp −$19.5Kdoesn't fit
Sell Bybit live order book, 5 min ago5.32 bp29.5 bp −$2972.2 bp −$722doesn'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%1h0.0004650−0.257%100xas long as short
Injective MEW/USDC PERP+0.0033%1h0.0004219−9.502%$46$14K5.5xas long as short
Binance MEWUSDT+0.0100%4h0.0004660−0.043%$1.2M$2.8M50xas long as short
Bybit MEWUSDTshort+0.0100%4h0.0004658−0.086%$1.5M$1.1M25x
OKX MEW-USDT-SWAP+0.0100%4h0.0004650−0.257%$524K$714K20xas long as short
Gate MEW_USDT+0.0100%4h0.0004650−0.257%$123K$94K50xas long as short
MEXC MEW_USDTlong+0.0100%4h0.0004662long leg$387K$176K125x
KuCoin MEWUSDTM+0.0100%4h0.0004652−0.215%$338K$116K30xas long as short
Bitget MEWUSDT+0.0100%4h0.0004665+0.064%$491K$367K50xas long as short
BingX MEW-USDT+0.0100%4h0.0004658−0.086%$24.2Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MEW+0.0100%4h0.0004705+0.914%$83K$32Kas long as short
Kraken Futures PF_MEWUSD+0.0690%1h0.0004663+0.030%$91K$106K10xas long as short