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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.038%
Price spread now: Reya against BingX+0.004%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ME-USDT0.075800.0100pay 0.0050% / 4h17m 32s$1.3M
ShortReya MERUSDPERP0.075800.0228get 0.0028% / 1h17m 32s$27K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$26.83
Price spread: +0.004% → 0.000%
$0.35
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$11.18
Costs to cover
0.160%
Break-even
4.1 days
Slippage unknown: BingX: live order book, 13 min ago; Reya: no order-book sample. 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 BingX live order book, 13 min ago5.95 bp32.2 bp −$32100.8 bp −$1,008601.1 bp −$60.1K787.0 bp −$393.5K
Sell Reya no order-book sample
Reya: 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%1h0.07578−0.026%$239K$109K3xas long as short
Aster MEUSDT+0.0100%4h0.07580+0.002%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07581+0.007%$2.2M$4.0M50xas long as short
Bybit MEUSDT+0.0100%4h0.07579−0.013%$1.6M$776K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07588+0.106%$490K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07570−0.132%$192K$71K50xas long as short
MEXC ME_USDT+0.0100%4h0.07579−0.013%$503K$132K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07592+0.158%$211K$30K30xas long as short
Bitget MEUSDT+0.0100%4h0.07588+0.106%$659K$429K25xas long as short
BingX ME-USDTlong+0.0100%4h0.07580long leg$1.3M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07586+0.080%$12K$2Kas long as short
BloFin ME-USDT+0.0113%4h0.075800.000%$110K$8K50xas long as short
Reya MERUSDPERPshort+0.0228%1h0.07580+0.004%$27K15x