Funding arb · Price arb /

ME

all ME markets

Swap Backtest

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: MEXC against Binance−0.024%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$620.620% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.024%, 7d avg +0.002%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.026% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MEUSDT	0.07426	0.0100	pay 0.0050% / 4h	3h 28m	$2.1M	$3.9M	50x
Short	MEXC ME_USDT	0.07424	0.0100	get 0.0050% / 4h	3h 28m	$506K	$130K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now −0.024%Rate

Funding earned: $0
Price spread: −0.024% → +0.002%: −$2.57
Slippage, 4 orders: −$47.96
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$64.53
Costs to cover: 0.620%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 37 min ago.

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 Binance live order book, 9 min ago	2.02 bp	27.5 bp −$27	171.1 bp −$1,711	doesn't fit	doesn't fit
Sell MEXC live order book, 37 min ago	0.67 bp	6.8 bp −$7	45.1 bp −$451	132.9 bp −$13.3K	doesn't fit

ME on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ME-USDT	+0.0067%	4h	0.07428	+0.030%	$109K	$7K	50x	as long as short
Hyperliquid ME	+0.0100%	1h	0.07424	−0.024%	$233K	$95K	3x	as long as short
Binance MEUSDTlong	+0.0100%	4h	0.07426	long leg	$2.1M	$3.9M	50x
Bybit MEUSDT	+0.0100%	4h	0.07425	−0.010%	$1.5M	$670K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07420	−0.078%	$479K	$1.0M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07430	+0.057%	$190K	$73K	50x	as long as short
MEXC ME_USDTshort	+0.0100%	4h	0.07424	−0.024%	$506K	$130K	20x
KuCoin MEUSDTM	+0.0100%	4h	0.07427	+0.017%	$207K	$25K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07429	+0.043%	$640K	$409K	25x	as long as short
BingX ME-USDT	+0.0100%	4h	0.07421	−0.064%	—	$1.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ME	+0.0100%	4h	0.07432	+0.082%	$12K	$2K	—	as long as short
Aster MEUSDT	+0.0134%	4h	0.07426	+0.003%	$17K	$11K	5x	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07424	−0.019%	$26K	—	15x	as long as short