data as of
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Price arb /

ME

all ME markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+0.015%
7d average−0.032%if it closes, per $10,000$1funding while held, a day+$0.00
Long on BinanceShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MEUSDT0.074110.0100pay 0.0050% / 4h1h 59m$2.1M$3.6M50x
ShortHyperliquid ME0.074120.0100get 0.0013% / 1h59m 17s$233K$99K3x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$1.48
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17.52
Spread needed to break even
0.190%
Slippage unknown: Binance: live order book, 9 min ago; Hyperliquid: live order book, 62 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago1.34 bp16.2 bp −$1687.2 bp −$872doesn't fitdoesn't fit
Sell Hyperliquid live order book, 62 min ago2.68 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ME price on every exchange

against the cheapest. Click to use as the short leg.
Gate0.07400cheapestBloFin0.07403+0.041%OKX0.07404+0.054%Variational Omni0.07405+0.070%KuCoin0.07408+0.108%BingX0.07409+0.122%Aster0.07411+0.147%
Binance0.07411+0.147%
Hyperliquid0.07412+0.162%
Bitget0.07412+0.162%Bybit0.07413+0.176%Reya0.07413+0.177%MEXC0.07414+0.189%

ME on 13 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate ME_USDT−0.147%+0.0100%8h$194K$55K50xas long as short
BloFin ME-USDT−0.107%+0.0076%4h$114K$7K50xas long as short
OKX ME-USDT-SWAP−0.093%−0.0011%4h$475K$962K20xas long as short
Variational Omni ME−0.077%+0.0100%4h$11K$1K—as long as short
KuCoin MEUSDTM−0.039%+0.0100%4h$207K$29K30xas long as short
BingX ME-USDT−0.026%+0.0100%4h—$1.3M—as long as short
Aster MEUSDT0.000%+0.0100%4h$24K$5K5xas long as short
Binance MEUSDTlong0.000%+0.0100%4h$2.1M$3.6M50x
Hyperliquid MEshort+0.015%+0.0100%1h$233K$99K3x
Bitget MEUSDT+0.015%+0.0100%4h$634K$396K25xas long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit MEUSDT+0.028%−0.0071%4h$1.5M$609K25xas long as short
Reya MERUSDPERP+0.030%+0.0228%1h$26K—15xas long as short
MEXC ME_USDT+0.042%+0.0100%4h$492K$125K20xas long as short