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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Variational Omni−0.072%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 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: MEXC is 0.072% cheaper against Variational Omni than usual: you would sell low and buy high, −$7 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	Variational Omni ME	0.07428	0.0100	pay 0.0050% / 4h	3h 32m	$12K	$2K	—
Short	MEXC ME_USDT	0.07423	0.0100	get 0.0050% / 4h	3h 32m	$506K	$130K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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 Variational OmnibpFee MEXCbpOrdersPrice spread, now −0.072%Rate

Funding earned: $0
Price spread: −0.072% → 0.000%: −$7.2
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$11.2
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 33 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell MEXC live order book, 33 min ago	0.67 bp	6.8 bp −$7	45.1 bp −$451	132.9 bp −$13.3K	doesn't fit

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 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
BloFin ME-USDT	+0.0095%	4h	0.07421	−0.099%	$109K	$7K	50x	as long as short
Hyperliquid ME	+0.0100%	1h	0.07423	−0.072%	$233K	$95K	3x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07425	−0.045%	$2.2M	$3.9M	50x	as long as short
Bybit MEUSDT	+0.0100%	4h	0.07426	−0.032%	$1.5M	$667K	25x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07420	−0.112%	$480K	$1.0M	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07430	+0.022%	$190K	$73K	50x	as long as short
MEXC ME_USDTshort	+0.0100%	4h	0.07423	−0.072%	$506K	$130K	20x
KuCoin MEUSDTM	+0.0100%	4h	0.07427	−0.018%	$207K	$25K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07426	−0.032%	$640K	$409K	25x	as long as short
BingX ME-USDT	+0.0100%	4h	0.07427	−0.018%	—	$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 MElong	+0.0100%	4h	0.07428	long leg	$12K	$2K	—
Aster MEUSDT	+0.0152%	4h	0.07427	−0.019%	$17K	$11K	5x	as long as short
Reya MERUSDPERP	+0.0228%	1h	0.07422	−0.081%	$26K	—	15x	as long as short