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: Bitget against MEXC+0.119%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$780.784% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.119%, 7d avg +0.036%
Together, before fees−0.093%−$9 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: Bitget is 0.082% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ME_USDT0.075750.0100pay 0.0050% / 4h24m 25s$503K$132K20x
ShortBitget MEUSDT0.075840.0100get 0.0050% / 4h24m 25s$659K$429K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.119% → +0.036%
$8.23
Slippage, 4 orders
−$62.37
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$70.13
Costs to cover
0.784%
Break-even
never at this rate
Slippage from MEXC: live order book, 25 min ago; Bitget: live order book, 31 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, 25 min ago1.34 bp7.3 bp −$741.6 bp −$416129.5 bp −$12.9Kdoesn't fit
Sell Bitget live order book, 31 min ago5.98 bp34.1 bp −$34198.1 bp −$1,981doesn'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
BloFin ME-USDT+0.0070%4h0.07577+0.026%$110K$8K50xas long as short
Hyperliquid ME+0.0100%1h0.07573−0.026%$240K$108K3xas long as short
Aster MEUSDT+0.0100%4h0.07567−0.107%$13K$20K5xas long as short
Binance MEUSDT+0.0100%4h0.07577+0.025%$2.2M$4.0M50xas long as short
Bybit MEUSDT+0.0100%4h0.07574−0.013%$1.6M$774K25xas long as short
OKX ME-USDT-SWAP+0.0100%4h0.07572−0.040%$489K$1.1M20xas long as short
Gate ME_USDT+0.0100%8h0.07560−0.198%$192K$71K50xas long as short
MEXC ME_USDTlong+0.0100%4h0.07575long leg$503K$132K20x
KuCoin MEUSDTM+0.0100%4h0.07564−0.145%$210K$30K30xas long as short
Bitget MEUSDTshort+0.0100%4h0.07584+0.119%$659K$429K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ME-USDT+0.0100%4h0.075750.000%$1.3Mas long as short
Variational Omni ME+0.0100%4h0.07572−0.038%$12K$2Kas long as short
Reya MERUSDPERP+0.0228%1h0.07576+0.010%$27K15xas long as short