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

MEW

all MEW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.063%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$418as in the Price arb table
costs, in and out, $10k−$4184.177% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.063%, 7d avg −0.064%
Together, before fees+0.035%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MEWUSDT0.00047630.0100pay 0.0050% / 4h1h 24m$486K$542K50x
ShortKuCoin MEWUSDTM0.00047600.0100get 0.0050% / 4h1h 24m$330K$132K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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: −0.063% → −0.064%
$0.08
Slippage, 4 orders
−$393.71
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$417.64
Costs to cover
4.177%
Break-even
never at this rate
Slippage from Bitget: live order book, 11 min ago; KuCoin: live order book, 18 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 Bitget live order book, 11 min ago8.48 bp29.1 bp −$29189.5 bp −$1,895doesn't fitdoesn't fit
Sell KuCoin live order book, 18 min ago14.84 bp189.5 bp −$190doesn't fitdoesn't fitdoesn't fit

MEW on 12 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
GMX MEW/USD [WBTC.b-USDC]L 0.0000% / S 0.0000%1h0.0004750−0.273%100xas long as short
Injective MEW/USDC PERP+0.0033%1h0.0004219−11.421%$46$14K5.5xas long as short
Binance MEWUSDT+0.0100%4h0.0004763−0.004%$1.3M$3.6M50xas long as short
Bybit MEWUSDT+0.0100%4h0.00047630.000%$1.5M$1.6M25xas long as short
OKX MEW-USDT-SWAP+0.0100%4h0.0004755−0.168%$547K$919K20xas long as short
Gate MEW_USDT+0.0100%4h0.0004759−0.084%$140K$143K50xas long as short
MEXC MEW_USDT+0.0100%4h0.0004761−0.042%$377K$187K125xas long as short
KuCoin MEWUSDTMshort+0.0100%4h0.0004760−0.063%$330K$132K30x
Bitget MEWUSDTlong+0.0100%4h0.0004763long leg$486K$542K50x
BingX MEW-USDT+0.0100%4h0.0004758−0.105%$6.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MEW+0.0100%4h0.0004762−0.028%$84K$36Kas long as short
Kraken Futures PF_MEWUSD+0.0787%1h0.0004767+0.075%$93K$135K10xas long as short