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

ME

all ME markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.204%
7d average−0.038%if it closes, per $10,000$20funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ME_USDT0.073600.0100pay 0.0100% / 8h6h 42m$190K$51K50x
ShortHyperliquid ME0.073450.0100get 0.0013% / 1h42m 00s$231K$98K3x

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
−$20.38
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$44.38
Spread needed to break even
0.240%
Slippage unknown: Gate: live order book, 56 min ago; Hyperliquid: live order book, 19 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 Gate live order book, 56 min ago6.59 bp54.8 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 19 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.

ME on 13 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX ME-USDT-SWAP−0.367%+0.0100%4h$470K$924K20xas long as short
Bybit MEUSDT−0.258%−0.0170%4h$1.5M$586K25xas long as short
Bitget MEUSDT−0.245%+0.0100%4h$629K$380K25xas long as short
BingX ME-USDT−0.245%+0.0100%4h$1.3Mas long as short
MEXC ME_USDT−0.231%+0.0100%4h$481K$125K20xas long as short
Binance MEUSDT−0.213%+0.0100%4h$2.1M$3.5M50xas long as short
Hyperliquid MEshort−0.204%+0.0100%1h$231K$98K3x
Reya MERUSDPERP−0.138%+0.0228%1h$26K15xas long as short
Gate ME_USDTlong0.000%+0.0100%8h$190K$51K50x
Aster MEUSDT+0.042%+0.0100%4h$24K$4K5xas long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin MEUSDTM+0.353%+0.0100%4h$223K$25K30xas long as short
BloFin ME-USDT+0.842%+0.0095%4h$116K$6K50xas long as short
Variational Omni ME+0.880%+0.0100%4h$11K$1Kas long as short