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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Hyperliquid+0.003%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 airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ME0.073710.0100pay 0.0013% / 1h33m 53s$232K$98K3x
ShortVariational Omni ME0.073710.0100get 0.0050% / 4h2h 33m$11K$1K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.003% → 0.000%
$0.33
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$8.67
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 50 min ago; Variational Omni: 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 Hyperliquid live order book, 50 min ago2.03 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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 MElong+0.0100%1h0.07371long leg$232K$98K3x
Aster MEUSDT+0.0100%4h0.07379+0.110%$17K$11K5xas long as short
Binance MEUSDT+0.0100%4h0.07372+0.007%$2.1M$3.8M50xas long as short
Bybit MEUSDT+0.0100%4h0.07370−0.014%$1.5M$625K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07368−0.041%$469K$980K20xas long as short
Gate ME_USDT+0.0100%8h0.07370−0.014%$203K$65K50xas long as short
MEXC ME_USDT+0.0100%4h0.07375+0.054%$496K$127K20xas long as short
KuCoin MEUSDTM+0.0100%4h0.07372+0.014%$205K$26K30xas long as short
Bitget MEUSDT+0.0100%4h0.07374+0.041%$638K$416K25xas long as short
BingX ME-USDT+0.0100%4h0.073710.000%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MEshort+0.0100%4h0.07371+0.003%$11K$1K
BloFin ME-USDT+0.0145%4h0.07369−0.027%$108K$8K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07375+0.057%$26K15xas long as short