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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin0.000%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$827as in the Funding arb table
Net, price: spread back to 7d avg − costs−$822as in the Price arb table
costs, in and out, $10k−$8248.236% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$3 on $10k
Price spread, last 3 days (all we have)−0.045%−$4 · spread now 0.000%, 7d avg −0.016%
Together, before fees−0.079%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MEUSDTM0.074050.0100pay 0.0050% / 4h5m 19s$206K$27K30x
ShortBitget MEUSDT0.074050.0100get 0.0050% / 4h5m 19s$642K$416K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: 0.000% → −0.016%
$1.63
Slippage, 4 orders
−$799.62
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$821.99
Costs to cover
8.236%
Break-even
never at this rate
Slippage from KuCoin: live order book, 18 min ago; Bitget: live order book, 24 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 KuCoin live order book, 18 min ago19.56 bp143.9 bp −$144doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 24 min ago4.05 bp28.8 bp −$29178.2 bp −$1,782doesn'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 ME+0.0100%1h0.07396−0.122%$233K$99K3xas long as short
Aster MEUSDT+0.0100%4h0.07407+0.025%$24K$5K5xas long as short
Binance MEUSDT+0.0100%4h0.07402−0.039%$2.1M$3.7M50xas long as short
Bybit MEUSDT+0.0100%4h0.074050.000%$1.5M$619K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07392−0.176%$473K$977K20xas long as short
Gate ME_USDT+0.0100%8h0.07400−0.068%$203K$66K50xas long as short
MEXC ME_USDT+0.0100%4h0.07403−0.027%$495K$127K20xas long as short
KuCoin MEUSDTMlong+0.0100%4h0.07405long leg$206K$27K30x
Bitget MEUSDTshort+0.0100%4h0.074050.000%$642K$416K25x
BingX ME-USDT+0.0100%4h0.07403−0.027%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07406+0.020%$11K$1Kas long as short
BloFin ME-USDT+0.0150%4h0.07399−0.081%$111K$7K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07401−0.054%$26K15xas long as short