After costs, if the gap returns to its 7d average, $10k−$129
spread now−0.094%7d average−0.039%fees + slippage, in and out−$123spread needed1.232%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ME_USDT | 0.07420 | 0.0100 | pay 0.0100% / 8h | 48m 33s | $186K | $31K | 50x |
| Short | OKX ME-USDT-SWAP | 0.07413 | 0.0100 | get 0.0050% / 4h | 48m 33s | $414K | $622K | 20x |
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
- −$9.43
- Funding while held
- $0
- Slippage, 4 orders
- −$98.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$132.65
- Spread needed to break even
- 1.232%
Slippage from Gate: live order book, 59 min ago; OKX: live order book, 64 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 59 min ago | 6.86 bp | 45.1 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 64 min ago | 2.77 bp | 18.8 bp −$19 | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni ME | −0.269% | +0.0100% | 4h | $11K | $1K | — | as long as short |
| Binance MEUSDT | −0.121% | +0.0100% | 4h | $2.2M | $2.3M | 50x | as long as short |
| Hyperliquid ME | −0.094% | +0.0100% | 1h | $235K | $93K | 3x | as long as short |
| OKX ME-USDT-SWAPshort | −0.094% | +0.0100% | 4h | $414K | $622K | 20x | |
| Bitget MEUSDT | −0.054% | +0.0100% | 4h | $680K | $235K | 25x | as long as short |
| Bybit MEUSDT | −0.040% | +0.0100% | 4h | $1.5M | $338K | 25x | as long as short |
| MEXC ME_USDT | −0.040% | +0.0100% | 4h | $511K | $119K | 20x | as long as short |
| Reya MERUSDPERP | −0.039% | +0.0228% | 1h | $26K | — | 15x | as long as short |
| BingX ME-USDT | −0.013% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| BloFin ME-USDT | −0.013% | +0.0097% | 4h | $120K | $5K | 50x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ME_USDTlong | 0.000% | +0.0100% | 8h | $186K | $31K | 50x | |
| Aster MEUSDT | +0.009% | +0.0100% | 4h | $24K | $4K | 5x | as long as short |
| KuCoin MEUSDTM | +0.094% | +0.0100% | 4h | $224K | $25K | 30x | as long as short |
Gate ME_USDT
OKX ME-USDT-SWAP
Variational Omni
Binance
Hyperliquid
Bitget
Bybit
MEXC
BingX
BloFin
Aster
KuCoin