Spread before costs (cost unknown: a leg has no order-book sample)−0.128%
7d average—if it closes, per $10,000$13funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MEUSDT | 0.07535 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $24K | $4K | 5x |
| Short | Bybit MEUSDT | 0.07525 | 0.0100 | get 0.0050% / 4h | 3h 31m | $1.5M | $569K | 25x |
Aster MEUSDT
Bybit MEUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$12.78
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$31.78
- Spread needed to break even
- 0.190%
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 10.63 bp | 46.4 bp −$46 | 249.8 bp −$2,498 | doesn't fit | doesn't fit |
Aster: 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 price on every exchange
against the cheapest. Click to use as the short leg.
OKX
Binance
MEXC
Bitget
BingX
Reya
Hyperliquid
Gate
KuCoin
BloFin
Variational OmniME on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ME-USDT-SWAP | −0.247% | +0.0100% | 4h | $469K | $891K | 20x | as long as short |
| Binance MEUSDT | −0.213% | +0.0100% | 4h | $2.2M | $3.3M | 50x | as long as short |
| Bybit MEUSDTshort | −0.128% | +0.0100% | 4h | $1.5M | $569K | 25x | |
| MEXC ME_USDT | −0.048% | +0.0100% | 4h | $497K | $125K | 20x | as long as short |
| Bitget MEUSDT | −0.048% | +0.0100% | 4h | $653K | $375K | 25x | as long as short |
| BingX ME-USDT | −0.048% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Reya MERUSDPERP | −0.024% | +0.0228% | 1h | $27K | — | 15x | as long as short |
| Hyperliquid ME | −0.022% | +0.0100% | 1h | $238K | $97K | 3x | as long as short |
| Aster MEUSDTlong | 0.000% | +0.0100% | 4h | $24K | $4K | 5x | |
| Gate ME_USDT | +0.071% | +0.0100% | 8h | $193K | $49K | 50x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MEUSDTM | +0.085% | +0.0100% | 4h | $228K | $26K | 30x | as long as short |
| BloFin ME-USDT | +0.124% | +0.0096% | 4h | $117K | $6K | 50x | as long as short |
| Variational Omni ME | +0.916% | +0.0100% | 4h | $11K | $1K | — | as long as short |