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.

After costs, if the gap returns to its 7d average, $10k−$130
spread now+0.054%7d average+0.047%fees + slippage, in and out−$130spread needed1.305%
Long on BingXShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ME-USDT0.074120.0100pay 0.0050% / 4h58m 45s—$1.3M—
ShortBybit MEUSDT0.07416−0.0014pay 0.0007% / 4h58m 45s$1.5M$609K25x

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
$5.4
Funding while held
−$3.42
Slippage, 4 orders
−$109.47
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$128.49
Spread needed to break even
1.305%
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
−0.0114%
Per $10,000 a day
−$3.42
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 BingX live order book, 9 min ago3.37 bp21.5 bp −$2176.6 bp −$766588.5 bp −$58.9K805.7 bp −$402.8K
Sell Bybit live order book, 4 min ago2.70 bp44.0 bp −$44200.1 bp −$2,001doesn't fitdoesn't fit

ME price on every exchange

against the cheapest. Click to use as the short leg.
OKX0.07406cheapestReya0.07407+0.016%Binance0.07409+0.042%Hyperliquid0.07410+0.054%Gate0.07410+0.054%MEXC0.07410+0.054%
BingX0.07412+0.081%
Variational Omni0.07413+0.090%Aster0.07414+0.110%
Bybit0.07416+0.135%
Bitget0.07416+0.135%KuCoin0.07420+0.189%BloFin0.07422+0.216%

ME on 13 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX ME-USDT-SWAP−0.081%+0.0011%4h$474K$961K20xas long as short
Reya MERUSDPERP−0.065%+0.0228%1h$26K—15xas long as short
Binance MEUSDT−0.039%+0.0100%4h$2.1M$3.7M50xas long as short
Hyperliquid ME−0.027%+0.0100%1h$233K$99K3xas long as short
Gate ME_USDT−0.027%+0.0100%8h$203K$61K50xas long as short
MEXC ME_USDT−0.027%+0.0100%4h$491K$123K20xas long as short
BingX ME-USDTlong0.000%+0.0100%4h—$1.3M—
Variational Omni ME+0.009%+0.0100%4h$11K$1K—as long as short
Aster MEUSDT+0.029%+0.0100%4h$24K$5K5xas long as short
Bybit MEUSDTshort+0.054%−0.0014%4h$1.5M$609K25x
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget MEUSDT+0.054%+0.0100%4h$630K$401K25xas long as short
KuCoin MEUSDTM+0.108%+0.0100%4h$207K$29K30xas long as short
BloFin ME-USDT+0.135%+0.0151%4h$114K$7K50xas long as short