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)−0.188%
7d average−0.085%if it closes, per $10,000$19funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MEUSDTM0.074370.0100pay 0.0050% / 4h2h 23m$208K$29K30x
ShortHyperliquid ME0.074230.0100get 0.0013% / 1h23m 30s$233K$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
−$18.82
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$39.82
Spread needed to break even
0.210%
Slippage unknown: KuCoin: live order book, 14 min ago; Hyperliquid: live order book, 37 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 KuCoin live order book, 14 min ago15.64 bp263.3 bp −$263doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 37 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−0.363%+0.0075%4h$472K$954K20xas long as short
Binance MEUSDT−0.242%+0.0100%4h$2.1M$3.6M50xas long as short
MEXC ME_USDT−0.215%+0.0100%4h$485K$126K20xas long as short
Hyperliquid MEshort−0.188%+0.0100%1h$233K$98K3x
Bybit MEUSDT−0.188%−0.0142%4h$1.5M$596K25xas long as short
BingX ME-USDT−0.188%+0.0100%4h$1.3Mas long as short
Bitget MEUSDT−0.108%+0.0100%4h$634K$386K25xas long as short
Gate ME_USDT−0.094%+0.0100%8h$195K$54K50xas long as short
KuCoin MEUSDTMlong0.000%+0.0100%4h$208K$29K30x
Aster MEUSDT+0.070%+0.0100%4h$24K$4K5xas long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya MERUSDPERP+0.081%+0.0228%1h$26K15xas long as short
BloFin ME-USDT+0.202%+0.0050%4h$114K$7K50xas long as short
Variational Omni ME+0.248%+0.0100%4h$11K$1Kas long as short