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

MEW

all MEW markets
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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: MEXC against Bybit+0.170%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$770.767% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.170%, 7d avg +0.078%
Together, before fees−0.109%−$11 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 0.091% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MEWUSDT0.00047180.0100pay 0.0050% / 4h1h 44m$1.5M$1.5M25x
ShortMEXC MEW_USDT0.00047260.0100get 0.0050% / 4h1h 44m$366K$184K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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: +0.170% → +0.078%
$9.11
Slippage, 4 orders
−$61.74
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$67.63
Costs to cover
0.767%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 46 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 Bybit live order book, 2 min ago5.32 bp26.9 bp −$2769.5 bp −$695doesn't fitdoesn't fit
Sell MEXC live order book, 46 min ago1.08 bp15.4 bp −$1557.9 bp −$579199.6 bp −$20.0Kdoesn'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%1h0.0004710−0.170%100xas long as short
Injective MEW/USDC PERP+0.0033%1h0.0004219−10.577%$46$14K5.5xas long as short
Binance MEWUSDT+0.0100%4h0.0004719+0.021%$1.3M$3.5M50xas long as short
Bybit MEWUSDTlong+0.0100%4h0.0004718long leg$1.5M$1.5M25x
OKX MEW-USDT-SWAP+0.0100%4h0.0004715−0.064%$543K$906K20xas long as short
Gate MEW_USDT+0.0100%4h0.00047180.000%$138K$142K50xas long as short
MEXC MEW_USDTshort+0.0100%4h0.0004726+0.170%$366K$184K125x
KuCoin MEWUSDTM+0.0100%4h0.0004720+0.042%$328K$132K30xas long as short
Bitget MEWUSDT+0.0100%4h0.0004722+0.085%$482K$540K50xas long as short
BingX MEW-USDT+0.0100%4h0.0004714−0.085%$6.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MEW+0.0100%4h0.0004699−0.410%$83K$36Kas long as short
Kraken Futures PF_MEWUSD+0.0794%1h0.0004721+0.056%$92K$134K10xas long as short