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

ME

all ME markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$132
spread now+0.040%7d average+0.075%fees + slippage, in and out−$129spread needed1.288%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ME-USDT-SWAP0.074200.0075pay 0.0038% / 4h2h 23m$472K$955K20x
ShortBybit MEUSDT0.07423−0.0142pay 0.0071% / 4h2h 23m$1.5M$596K25x

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
$4.04
Funding while held
−$6.51
Slippage, 4 orders
−$107.82
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$131.28
Spread needed to break even
1.288%
Slippage from OKX: live order book, 14 min ago; Bybit: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
−0.0217%
Per $10,000 a day
$6.51
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 OKX live order book, 14 min ago2.73 bp19.8 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago6.71 bp45.2 bp −$45261.2 bp −$2,612doesn'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
MEXC ME_USDT−0.013%+0.0100%4h$485K$126K20xas long as short
Hyperliquid ME0.000%+0.0100%1h$233K$98K3xas long as short
Binance MEUSDT0.000%+0.0100%4h$2.1M$3.6M50xas long as short
OKX ME-USDT-SWAPlong0.000%+0.0075%4h$472K$955K20x
Reya MERUSDPERP0.000%+0.0228%1h$26K15xas long as short
BingX ME-USDT+0.027%+0.0100%4h$1.3Mas long as short
Bybit MEUSDTshort+0.040%−0.0142%4h$1.5M$596K25x
Bitget MEUSDT+0.121%+0.0100%4h$634K$386K25xas long as short
Gate ME_USDT+0.135%+0.0100%8h$195K$54K50xas long as short
Aster MEUSDT+0.160%+0.0100%4h$24K$4K5xas long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin MEUSDTM+0.243%+0.0100%4h$208K$29K30xas long as short
BloFin ME-USDT+0.431%+0.0050%4h$114K$7K50xas long as short
Variational Omni ME+0.477%+0.0100%4h$11K$1Kas long as short