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

ME

all ME markets
SwapBacktest
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 Bitget−0.092%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$780.784% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.092%, 7d avg −0.036%
Together, before fees+0.067%+$7 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 0.056% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MEUSDT0.075950.0100pay 0.0050% / 4h21m 36s$660K$429K25x
ShortMEXC ME_USDT0.075880.0100get 0.0050% / 4h21m 36s$504K$132K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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: −0.092% → −0.036%
−$5.57
Slippage, 4 orders
−$62.37
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$83.94
Costs to cover
0.784%
Break-even
never at this rate
Slippage from Bitget: live order book, 34 min ago; MEXC: live order book, 28 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 Bitget live order book, 34 min ago5.98 bp29.5 bp −$29261.0 bp −$2,610doesn't fitdoesn't fit
Sell MEXC live order book, 28 min ago1.34 bp7.5 bp −$853.2 bp −$532135.0 bp −$13.5Kdoesn'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
BloFin ME-USDT+0.0076%4h0.07577−0.237%$110K$8K50xas long as short
Hyperliquid ME+0.0100%1h0.07589−0.079%$240K$108K3xas long as short
Aster MEUSDT+0.0100%4h0.07584−0.138%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07590−0.066%$2.2M$4.0M50xas long as short
Bybit MEUSDT+0.0100%4h0.07583−0.158%$1.6M$775K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07584−0.145%$490K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07570−0.329%$192K$71K50xas long as short
MEXC ME_USDTshort+0.0100%4h0.07588−0.092%$504K$132K20x
KuCoin MEUSDTM+0.0100%4h0.07580−0.197%$210K$30K30xas long as short
Bitget MEUSDTlong+0.0100%4h0.07595long leg$660K$429K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07585−0.132%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07572−0.302%$12K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07589−0.076%$27K15xas long as short