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

ME

all ME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX−0.054%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$540.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.054%, 7d avg +0.035%
Together, before fees−0.037%−$4 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: MEXC is 0.088% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ME-USDT-SWAP0.074350.0100pay 0.0050% / 4h44m 50s$478K$1.0M20x
ShortMEXC ME_USDT0.074310.0100get 0.0050% / 4h44m 50s$504K$129K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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: −0.054% → +0.035%
−$8.85
Slippage, 4 orders
−$40.33
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$63.17
Costs to cover
0.543%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 25 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 OKX live order book, 1 min ago3.36 bp20.8 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 25 min ago0.68 bp6.9 bp −$733.7 bp −$337128.2 bp −$12.8Kdoesn'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%1h0.07429−0.081%$233K$96K3xas long as short
Aster MEUSDT+0.0100%4h0.07434−0.020%$17K$11K5xas long as short
Binance MEUSDT+0.0100%4h0.07431−0.047%$2.1M$3.9M50xas long as short
Bybit MEUSDT+0.0100%4h0.07429−0.081%$1.5M$647K25xas long as short
OKX ME-USDT-SWAPlong+0.0100%4h0.07435long leg$478K$1.0M20x
Gate ME_USDT+0.0100%8h0.07440+0.067%$190K$74K50xas long as short
MEXC ME_USDTshort+0.0100%4h0.07431−0.054%$504K$129K20x
KuCoin MEUSDTM+0.0100%4h0.07445+0.134%$208K$25K30xas long as short
Bitget MEUSDT+0.0100%4h0.074350.000%$647K$416K25xas long as short
BingX ME-USDT+0.0100%4h0.07434−0.013%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ME+0.0100%4h0.07437+0.021%$11K$790as long as short
BloFin ME-USDT+0.0147%4h0.07436+0.013%$108K$7K50xas long as short
Reya MERUSDPERP+0.0228%1h0.07437+0.021%$26K15xas long as short