After costs, if the gap returns to its 7d average, $10k−$633
spread now+0.188%7d average+0.012%fees + slippage, in and out−$650spread needed6.503%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEUSDT | 0.07428 | 0.0024 | pay 0.0012% / 4h | 1h 11m | $1.5M | $616K | 25x |
| Short | KuCoin MEUSDTM | 0.07442 | 0.0100 | get 0.0050% / 4h | 1h 11m | $208K | $29K | 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
- $18.85
- Funding while held
- $2.27
- Slippage, 4 orders
- −$627.29
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$629.17
- Spread needed to break even
- 6.503%
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0076%
- Per $10,000 a day
- +$2.27
- 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 Bybit live order book, 1 min ago | 6.05 bp | 63.8 bp −$64 | 242.2 bp −$2,422 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 12.10 bp | 250.8 bp −$251 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Hyperliquid ME | −0.121% | +0.0100% | 1h | $233K | $99K | 3x | as long as short |
| Binance MEUSDT | −0.093% | +0.0100% | 4h | $2.1M | $3.7M | 50x | as long as short |
| Reya MERUSDPERP | −0.084% | +0.0228% | 1h | $26K | — | 15x | as long as short |
| MEXC ME_USDT | −0.054% | +0.0100% | 4h | $492K | $128K | 20x | as long as short |
| OKX ME-USDT-SWAP | −0.040% | +0.0014% | 4h | $476K | $967K | 20x | as long as short |
| BingX ME-USDT | −0.013% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Bybit MEUSDTlong | 0.000% | +0.0024% | 4h | $1.5M | $616K | 25x | |
| Aster MEUSDT | +0.103% | +0.0100% | 4h | $24K | $5K | 5x | as long as short |
| Bitget MEUSDT | +0.108% | +0.0100% | 4h | $632K | $401K | 25x | as long as short |
| BloFin ME-USDT | +0.121% | +0.0066% | 4h | $114K | $7K | 50x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ME_USDT | +0.162% | +0.0100% | 8h | $204K | $61K | 50x | as long as short |
| KuCoin MEUSDTMshort | +0.188% | +0.0100% | 4h | $208K | $29K | 30x | |
| Variational Omni ME | +0.340% | +0.0100% | 4h | $11K | $1K | — | as long as short |
Bybit MEUSDT
KuCoin MEUSDTM
Hyperliquid
Binance
MEXC
OKX
BingX
Aster
Bitget
BloFin
Gate
Variational Omni