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

ME

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Gate against Aster+0.065%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: Gate is 0.065% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MEUSDT0.074950.0100pay 0.0050% / 4h48m 38s$13K$20K5x
ShortGate ME_USDT0.075000.0100get 0.0100% / 8h4h 48m$191K$70K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.065% → 0.000%
$6.48
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$16.52
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago13.35 bp61.7 bp −$62doesn't fitdoesn'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
Hyperliquid ME+0.0100%1h0.07498+0.038%$237K$100K3xas long as short
Aster MEUSDTlong+0.0100%4h0.07495long leg$13K$20K5x
Binance MEUSDT+0.0100%4h0.07496+0.008%$2.1M$4.0M50xas long as short
Bybit MEUSDT+0.0100%4h0.07499+0.051%$1.5M$768K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07497+0.025%$487K$1.1M20xas long as short
Gate ME_USDTshort+0.0100%8h0.07500+0.065%$191K$70K50x
MEXC ME_USDT+0.0100%4h0.07496+0.011%$498K$130K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07502+0.092%$208K$29K30xas long as short
Bitget MEUSDT+0.0100%4h0.07502+0.092%$652K$423K25xas long as short
BingX ME-USDT+0.0100%4h0.07491−0.055%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07487−0.106%$12K$2Kas long as short
BloFin ME-USDT+0.0138%4h0.07500+0.065%$109K$8K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07484−0.145%$26K15xas long as short