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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Aster+0.197%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.197% dearer against Aster than usual: you sell high and buy low, +$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MEUSDT0.074210.0100pay 0.0050% / 4h50m 27s$17K$11K5x
ShortBinance MEUSDT0.074360.0100get 0.0050% / 4h50m 27s$2.1M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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: +0.197% → 0.000%
$19.74
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$1.74
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Binance: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Binance live order book, 1 min ago2.69 bp23.9 bp −$2490.3 bp −$903doesn't fitdoesn't fit
Aster: 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.

ME on 13 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
BloFin ME-USDT+0.0055%4h0.07427+0.076%$107K$7K50xas long as short
Hyperliquid ME+0.0100%1h0.07431+0.130%$234K$96K3xas long as short
Aster MEUSDTlong+0.0100%4h0.07421long leg$17K$11K5x
Binance MEUSDTshort+0.0100%4h0.07436+0.197%$2.1M$3.9M50x
Bybit MEUSDT+0.0100%4h0.07430+0.117%$1.5M$647K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07439+0.238%$478K$1.0M20xas long as short
Gate ME_USDT+0.0100%8h0.07430+0.117%$190K$74K50xas long as short
MEXC ME_USDT+0.0100%4h0.07433+0.157%$505K$128K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07435+0.184%$207K$25K30xas long as short
Bitget MEUSDT+0.0100%4h0.07441+0.265%$647K$417K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07438+0.224%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07414−0.092%$11K$1Kas long as short
Reya MERUSDPERP+0.0228%1h0.07435+0.178%$26K15xas long as short