Spread before costs (cost unknown: a leg has no order-book sample)−0.117%
7d average—if it closes, per $10,000$12funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ME_USDT | 0.07350 | 0.0100 | pay 0.0100% / 8h | 6h 38m | $193K | $53K | 50x |
| Short | Variational Omni ME | 0.07341 | 0.0100 | get 0.0050% / 4h | 2h 38m | $11K | $1K | — |
Gate ME_USDT
Variational Omni MEPrice 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
- −$11.7
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$26.7
- Spread needed to break even
- 0.150%
Slippage unknown: Gate: live order book, 59 min ago; Variational Omni: no order-book sample. 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 59 min ago | 6.59 bp | 54.8 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ME price on every exchange
against the cheapest. Click to use as the short leg.
BloFin
Reya
OKX
BingX
Hyperliquid
Bybit
Bitget
MEXC
Aster
Binance
KuCoinME on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | −0.177% | +0.0068% | 4h | $116K | $6K | 50x | as long as short |
| Reya MERUSDPERP | −0.144% | +0.0228% | 1h | $26K | — | 15x | as long as short |
| OKX ME-USDT-SWAP | −0.136% | +0.0100% | 4h | $470K | $926K | 20x | as long as short |
| Variational Omni MEshort | −0.117% | +0.0100% | 4h | $11K | $1K | — | |
| BingX ME-USDT | −0.095% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Hyperliquid ME | −0.082% | +0.0100% | 1h | $231K | $97K | 3x | as long as short |
| Bybit MEUSDT | −0.054% | −0.0200% | 4h | $1.5M | $586K | 25x | as long as short |
| Bitget MEUSDT | −0.054% | +0.0100% | 4h | $630K | $380K | 25x | as long as short |
| MEXC ME_USDT | −0.041% | +0.0100% | 4h | $482K | $125K | 20x | as long as short |
| Aster MEUSDT | −0.016% | +0.0100% | 4h | $24K | $4K | 5x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance MEUSDT | −0.016% | +0.0100% | 4h | $2.1M | $3.5M | 50x | as long as short |
| Gate ME_USDTlong | 0.000% | +0.0100% | 8h | $193K | $53K | 50x | |
| KuCoin MEUSDTM | +0.313% | +0.0100% | 4h | $223K | $25K | 30x | as long as short |