Funding arb · Price arb /

ME

all ME markets

Swap Backtest

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: Gate against MEXC−0.040%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1161.155% of the position

Long on MEXC Short on Gate

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)+0.035%+$4 · spread now −0.040%, 7d avg +0.003%

Together, before fees+0.096%+$10 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: Gate is 0.043% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ME_USDT	0.07453	0.0100	pay 0.0050% / 4h	2h 43m	$486K	$131K	20x
Short	Gate ME_USDT	0.07450	0.0100	get 0.0100% / 8h	6h 43m	$190K	$70K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → +0.003%: −$4.3
Slippage, 4 orders: −$96.54
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$119.84
Costs to cover: 1.155%
Break-even: never at this rate

Slippage from MEXC: live order book, 16 min ago; Gate: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 16 min ago	1.35 bp	7.4 bp −$7	39.6 bp −$396	129.9 bp −$13.0K	doesn't fit
Sell Gate live order book, 18 min ago	13.49 bp	58.5 bp −$59	doesn't fit	doesn't fit	doesn't fit

ME on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ME	+0.0100%	1h	0.07455	+0.027%	$236K	$100K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07445	−0.104%	$13K	$20K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07450	−0.040%	$2.2M	$4.0M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07453	0.000%	$1.5M	$705K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07443	−0.134%	$483K	$1.1M	20x	as long as short
Gate ME_USDTshort	+0.0100%	8h	0.07450	−0.040%	$190K	$70K	50x
MEXC ME_USDTlong	+0.0100%	4h	0.07453	long leg	$486K	$131K	20x
KuCoin MEUSDTM	+0.0100%	4h	0.07448	−0.067%	$207K	$27K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07453	0.000%	$635K	$414K	25x	as long as short
BingX ME-USDT	+0.0100%	4h	0.07456	+0.040%	—	$1.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ME	+0.0100%	4h	0.07451	−0.022%	$12K	$2K	—	as long as short
BloFin ME-USDT	+0.0130%	4h	0.07425	−0.376%	$110K	$7K	50x	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07451	−0.022%	$26K	—	15x	as long as short