data as of
Settings8H · net · $10k
Price arb /

ME

all ME markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$137
spread now−0.108%7d average−0.075%fees + slippage, in and out−$134spread needed1.336%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MEUSDT0.073740.0100pay 0.0050% / 4h3h 59m$1.5M$519K25x
ShortOKX ME-USDT-SWAP0.073660.0100get 0.0050% / 4h3h 59m$417K$681K20x

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
−$10.85
Funding while held
$0
Slippage, 4 orders
−$112.59
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$144.44
Spread needed to break even
1.336%
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 48 min ago.

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 Bybit live order book, 3 min ago3.38 bp44.8 bp −$45287.1 bp −$2,871doesn't fitdoesn't fit
Sell OKX live order book, 48 min ago2.70 bp22.8 bp −$23doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX ME-USDT-SWAPshort−0.108%+0.0100%4h$417K$681K20x
Gate ME_USDT−0.054%+0.0100%8h$184K$35K50xas long as short
Binance MEUSDT−0.027%+0.0100%4h$2.2M$2.8M50xas long as short
MEXC ME_USDT−0.027%+0.0100%4h$492K$120K20xas long as short
BingX ME-USDT−0.027%+0.0100%4h$1.3Mas long as short
Bybit MEUSDTlong0.000%+0.0100%4h$1.5M$519K25x
KuCoin MEUSDTM0.000%+0.0100%4h$223K$25K30xas long as short
Bitget MEUSDT+0.027%+0.0100%4h$636K$298K25xas long as short
Reya MERUSDPERP+0.080%+0.0228%1h$26K15xas long as short
Aster MEUSDT+0.152%+0.0100%4h$24K$4K5xas long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid ME+0.163%+0.0100%1h$234K$95K3xas long as short
Variational Omni ME+0.333%+0.0100%4h$11K$1Kas long as short
BloFin ME-USDT+0.339%+0.0144%4h$119K$5K50xas long as short