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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.080%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$590.591% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.056%−$6 on $10k
Price spread, last 4 days (all we have)+0.065%+$6 · spread now −0.080%, 7d avg −0.019%
Together, before fees+0.009%+$1 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 0.061% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ME-USDT0.074910.0100pay 0.0050% / 4h3h 33m$1.3M
ShortMEXC ME_USDT0.074850.0100get 0.0050% / 4h3h 33m$494K$126K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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: −0.080% → −0.019%
−$6.14
Slippage, 4 orders
−$45.06
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$65.2
Costs to cover
0.591%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; MEXC: live order book, 56 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 BingX live order book, 13 min ago3.97 bp24.7 bp −$25100.7 bp −$1,007647.6 bp −$64.8K870.3 bp −$435.2K
Sell MEXC live order book, 56 min ago2.64 bp8.5 bp −$925.6 bp −$256123.4 bp −$12.3Kdoesn't fit

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
Bybit MEUSDT−0.0335%4h0.07487−0.053%$1.5M$855K25xas long as short
Hyperliquid ME+0.0100%1h0.07490−0.013%$234K$133K3xas long as short
Aster MEUSDT+0.0100%4h0.07489−0.024%$13K$21K5xas long as short
Binance MEUSDT+0.0100%4h0.07486−0.063%$2.1M$4.4M50xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07479−0.160%$468K$1.2M20xas long as short
Gate ME_USDT+0.0100%8h0.07490−0.013%$193K$79K50xas long as short
MEXC ME_USDTshort+0.0100%4h0.07485−0.080%$494K$126K20x
KuCoin MEUSDTM+0.0100%4h0.07500+0.120%$214K$34K30xas long as short
Bitget MEUSDT+0.0100%4h0.074910.000%$644K$429K25xas long as short
BingX ME-USDTlong+0.0100%4h0.07491long leg$1.3M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07483−0.103%$8K$5Kas long as short
BloFin ME-USDT+0.0107%4h0.07489−0.027%$106K$9K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07481−0.136%$26K15xas long as short