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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ME-USDT-SWAP | 0.07420 | 0.0075 | pay 0.0038% / 4h | 2h 23m | $472K | $955K | 20x |
| Short | Bybit MEUSDT | 0.07423 | −0.0142 | pay 0.0071% / 4h | 2h 23m | $1.5M | $596K | 25x |
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
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 14 min ago | 2.73 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 6.71 bp | 45.2 bp −$45 | 261.2 bp −$2,612 | 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 | |
|---|---|---|---|---|---|---|---|
| MEXC ME_USDT | −0.013% | +0.0100% | 4h | $485K | $126K | 20x | as long as short |
| Hyperliquid ME | 0.000% | +0.0100% | 1h | $233K | $98K | 3x | as long as short |
| Binance MEUSDT | 0.000% | +0.0100% | 4h | $2.1M | $3.6M | 50x | as long as short |
| OKX ME-USDT-SWAPlong | 0.000% | +0.0075% | 4h | $472K | $955K | 20x | |
| Reya MERUSDPERP | 0.000% | +0.0228% | 1h | $26K | — | 15x | as long as short |
| BingX ME-USDT | +0.027% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Bybit MEUSDTshort | +0.040% | −0.0142% | 4h | $1.5M | $596K | 25x | |
| Bitget MEUSDT | +0.121% | +0.0100% | 4h | $634K | $386K | 25x | as long as short |
| Gate ME_USDT | +0.135% | +0.0100% | 8h | $195K | $54K | 50x | as long as short |
| Aster MEUSDT | +0.160% | +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 | |
|---|---|---|---|---|---|---|---|
| KuCoin MEUSDTM | +0.243% | +0.0100% | 4h | $208K | $29K | 30x | as long as short |
| BloFin ME-USDT | +0.431% | +0.0050% | 4h | $114K | $7K | 50x | as long as short |
| Variational Omni ME | +0.477% | +0.0100% | 4h | $11K | $1K | — | as long as short |
OKX ME-USDT-SWAP
Bybit MEUSDT
MEXC
Hyperliquid
Binance
BingX
Bitget
Gate
Aster
KuCoin
BloFin
Variational Omni