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 0.000%
Price spread now: BingX against MEXC+0.013%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.568% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.013%, 7d avg +0.019%
Together, before fees+0.092%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ME_USDT0.074930.0100pay 0.0050% / 4h1h 56m$483K$131K20x
ShortBingX ME-USDT0.074940.0100get 0.0050% / 4h1h 56m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: +0.013% → +0.019%
−$0.57
Slippage, 4 orders
−$42.85
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$57.42
Costs to cover
0.568%
Break-even
never at this rate
Slippage from MEXC: live order book, 63 min ago; BingX: live order book, 5 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 MEXC live order book, 63 min ago1.35 bp7.4 bp −$739.6 bp −$396129.9 bp −$13.0Kdoesn't fit
Sell BingX live order book, 5 min ago5.36 bp20.1 bp −$2066.3 bp −$663580.3 bp −$58.0K796.3 bp −$398.1K

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%1h0.07488−0.067%$237K$99K3xas long as short
Aster MEUSDT+0.0100%4h0.07459−0.449%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07487−0.077%$2.1M$4.0M50xas long as short
Bybit MEUSDT+0.0100%4h0.07489−0.053%$1.5M$741K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07486−0.093%$493K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07470−0.307%$191K$71K50xas long as short
MEXC ME_USDTlong+0.0100%4h0.07493long leg$483K$131K20x
KuCoin MEUSDTM+0.0100%4h0.07485−0.107%$208K$29K30xas long as short
Bitget MEUSDT+0.0100%4h0.07489−0.053%$638K$416K25xas long as short
BingX ME-USDTshort+0.0100%4h0.07494+0.013%$1.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07461−0.424%$12K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07487−0.077%$26K15xas long as short