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 +0.001%
Price spread now: BingX against Bybit−0.040%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1491.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 7 days−0.013%−$1 · spread now −0.040%, 7d avg −0.043%
Together, before fees+0.042%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MEUSDT0.074670.0100pay 0.0050% / 4h2h 02m$1.5M$741K25x
ShortBingX ME-USDT0.074640.0100get 0.0050% / 4h2h 02m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: −0.040% → −0.043%
$0.25
Slippage, 4 orders
−$128.2
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$148.95
Costs to cover
1.492%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 12 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 Bybit live order book, 3 min ago5.36 bp49.4 bp −$49359.3 bp −$3,593doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago6.00 bp25.7 bp −$2671.6 bp −$716599.4 bp −$59.9K843.1 bp −$421.5K

ME on 12 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%1h0.07463−0.054%$237K$98K3xas long as short
Aster MEUSDT+0.0100%4h0.07465−0.022%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07464−0.041%$2.1M$4.0M50xas long as short
Bybit MEUSDTlong+0.0100%4h0.07467long leg$1.5M$741K25x
OKX ME-USDT-SWAP+0.0100%4h0.07465−0.027%$491K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07470+0.040%$191K$72K50xas long as short
MEXC ME_USDT+0.0100%4h0.07468+0.013%$481K$134K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.074670.000%$207K$30K30xas long as short
Bitget MEUSDT+0.0100%4h0.07468+0.013%$639K$416K25xas long as short
BingX ME-USDTshort+0.0100%4h0.07464−0.040%$1.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07464−0.044%$12K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07473+0.084%$26K15xas long as short