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% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.079%7-day average +0.030% · you buy dearer than you sell
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 7 days−0.057%−$6 on $10k
Price spread, last 4 days (all we have)+0.175%+$18 · spread now −0.079%, 7d avg +0.030%
Together, before fees+0.118%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 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: Binance is 0.109% cheaper against Hyperliquid than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ME0.076270.0100pay 0.0013% / 1h0m 29s$241K$108K3x
ShortBinance MEUSDT0.076210.0100get 0.0050% / 4h0m 29s$2.2M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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: −0.079% → +0.030%
−$10.87
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$29.87
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 19 min ago; Binance: live order book, 6 min ago. 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 Hyperliquid live order book, 19 min ago0.66 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago1.98 bp21.5 bp −$2177.4 bp −$774doesn't fitdoesn'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
Hyperliquid MElong+0.0100%1h0.07627long leg$241K$108K3x
Aster MEUSDT+0.0100%4h0.07616−0.144%$13K$20K5xas long as short
Binance MEUSDTshort+0.0100%4h0.07621−0.079%$2.2M$4.0M50x
Bybit MEUSDT+0.0100%4h0.07618−0.118%$1.6M$773K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07614−0.170%$497K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07610−0.223%$194K$72K50xas long as short
MEXC ME_USDT+0.0100%4h0.07621−0.079%$506K$133K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07621−0.079%$212K$30K30xas long as short
Bitget MEUSDT+0.0100%4h0.07618−0.118%$660K$430K25xas long as short
BingX ME-USDT+0.0100%4h0.07618−0.118%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07613−0.181%$12K$2Kas long as short
BloFin ME-USDT+0.0147%4h0.07611−0.210%$111K$8K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07619−0.108%$27K15xas long as short