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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.003%
Price spread now: Aster against BloFin+0.215%92s7-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 6 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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.215% dearer against BloFin than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ME-USDT0.075450.0070pay 0.0035% / 4h3h 47m$107K$9K50x
ShortAster MEUSDT0.075610.0100get 0.0050% / 4h3h 47m$13K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
$6.29
Price spread: +0.215% → 0.000%
$21.5
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$7.79
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: BloFin: live order book, 8 min ago; Aster: 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 BloFin live order book, 8 min ago1.99 bp16.2 bp −$1657.0 bp −$570doesn't fitdoesn't fit
Sell Aster no order-book sample
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
BloFin ME-USDTlong+0.0070%4h0.07545long leg$107K$9K50x
Hyperliquid ME+0.0100%1h0.07565+0.265%$236K$133K3xas long as short
Aster MEUSDTshort+0.0100%4h0.07561+0.215%$13K$21K5x
Binance MEUSDT+0.0100%4h0.07565+0.265%$2.1M$4.3M50xas long as short
Bybit MEUSDT+0.0100%4h0.07565+0.265%$1.5M$851K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07564+0.252%$474K$1.3M20xas long as short
Gate ME_USDT+0.0100%8h0.07560+0.199%$195K$79K50xas long as short
MEXC ME_USDT+0.0100%4h0.07564+0.252%$506K$125K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07561+0.212%$216K$34K30xas long as short
Bitget MEUSDT+0.0100%4h0.07564+0.252%$650K$429K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.07564+0.252%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07551+0.076%$11K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07561+0.216%$27K15xas long as short