Funding arb · Price arb /

ME

all ME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against MEXC+0.106%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.106% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ME_USDT	0.07592	0.0100	pay 0.0050% / 4h	1h 54m	$503K	$119K	20x
Short	Variational Omni ME	0.07600	0.0100	get 0.0050% / 4h	1h 54m	$8K	$5K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.106%Rate

Funding earned: $0
Price spread: +0.106% → 0.000%: $10.62
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $6.62
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: MEXC: live order book, 51 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 51 min ago	0.66 bp	6.3 bp −$6	54.3 bp −$543	137.4 bp −$13.7K	doesn'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 exchanges

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	0.07590	−0.026%	$236K	$112K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07602	+0.129%	$13K	$22K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07590	−0.023%	$2.1M	$4.2M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07589	−0.040%	$1.6M	$869K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07585	−0.092%	$478K	$1.2M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07610	+0.237%	$196K	$82K	50x	as long as short
MEXC ME_USDTlong	+0.0100%	4h	0.07592	long leg	$503K	$119K	20x
KuCoin MEUSDTM	+0.0100%	4h	0.07608	+0.211%	$217K	$33K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07600	+0.105%	$657K	$414K	25x	as long as short
BingX ME-USDT	+0.0100%	4h	0.07595	+0.040%	—	$1.3M	—	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MEshort	+0.0100%	4h	0.07600	+0.106%	$8K	$5K	—
BloFin ME-USDT	+0.0157%	4h	0.07595	+0.040%	$107K	$10K	50x	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07587	−0.064%	$27K	—	15x	as long as short