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)−0.013%
7d average−0.031%if it closes, per $10,000$1funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ME_USDT0.074270.0100pay 0.0050% / 4h1h 37m$490K$127K20x
ShortHyperliquid ME0.074260.0100get 0.0013% / 1h37m 10s$233K$99K3x

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
−$1.35
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$14.35
Spread needed to break even
0.130%
Slippage unknown: MEXC: live order book, 54 min ago; Hyperliquid: live order book, 14 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 MEXC live order book, 54 min ago2.04 bp8.0 bp −$830.6 bp −$306126.7 bp −$12.7Kdoesn't fit
Sell Hyperliquid live order book, 14 min ago1.35 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−0.081%+0.0007%4h$475K$965K20xas long as short
BloFin ME-USDT−0.081%+0.0135%4h$113K$7K50xas long as short
Variational Omni ME−0.043%+0.0100%4h$11K$1Kas long as short
Hyperliquid MEshort−0.013%+0.0100%1h$233K$99K3x
Binance MEUSDT0.000%+0.0100%4h$2.1M$3.7M50xas long as short
MEXC ME_USDTlong0.000%+0.0100%4h$490K$127K20x
Reya MERUSDPERP+0.005%+0.0228%1h$26K15xas long as short
BingX ME-USDT+0.013%+0.0100%4h$1.3Mas long as short
Bybit MEUSDT+0.040%+0.0012%4h$1.5M$612K25xas long as short
Gate ME_USDT+0.040%+0.0100%8h$194K$55K50xas long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget MEUSDT+0.067%+0.0100%4h$635K$397K25xas long as short
Aster MEUSDT+0.092%+0.0100%4h$24K$5K5xas long as short
KuCoin MEUSDTM+0.135%+0.0100%4h$208K$29K30xas long as short