Spread before costs (cost unknown: a leg has no order-book sample)+0.052%
7d average—if it closes, per $10,000$5funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MEUSDT | 0.07482 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $24K | $4K | 5x |
| Short | KuCoin MEUSDTM | 0.07486 | 0.0100 | get 0.0050% / 4h | 3h 02m | $226K | $25K | 30x |
Price 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
- $5.16
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$14.84
- Spread needed to break even
- 0.200%
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 45 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 KuCoin live order book, 45 min ago | 12.78 bp | 420.4 bp −$420 | doesn't fit | 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.ME on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ME-USDT-SWAP | −0.256% | +0.0100% | 4h | $477K | $939K | 20x | as long as short |
| BloFin ME-USDT | −0.202% | +0.0087% | 4h | $117K | $6K | 50x | as long as short |
| BingX ME-USDT | −0.189% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Bybit MEUSDT | −0.176% | +0.0100% | 4h | $1.5M | $576K | 25x | as long as short |
| Hyperliquid ME | −0.162% | +0.0100% | 1h | $235K | $98K | 3x | as long as short |
| Binance MEUSDT | −0.162% | +0.0100% | 4h | $2.2M | $3.5M | 50x | as long as short |
| Reya MERUSDPERP | −0.152% | +0.0228% | 1h | $26K | — | 15x | as long as short |
| MEXC ME_USDT | −0.135% | +0.0100% | 4h | $491K | $127K | 20x | as long as short |
| Bitget MEUSDT | −0.109% | +0.0100% | 4h | $645K | $378K | 25x | as long as short |
| Gate ME_USDT | −0.029% | +0.0100% | 8h | $193K | $54K | 50x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster MEUSDTlong | 0.000% | +0.0100% | 4h | $24K | $4K | 5x | |
| KuCoin MEUSDTMshort | +0.052% | +0.0100% | 4h | $226K | $25K | 30x | |
| Variational Omni ME | +0.106% | +0.0100% | 4h | $11K | $1K | — | as long as short |
Aster MEUSDT
KuCoin MEUSDTM
OKX
BloFin
BingX
Bybit
Hyperliquid
Binance
MEXC
Bitget
Gate
Variational Omni