Spread before costs (cost unknown: a leg has no order-book sample)+0.178%
7d average—if it closes, per $10,000$18funding while held, a day+$2.39
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ME-USDT-SWAP | 0.07440 | 0.0020 | pay 0.0010% / 4h | 1h 15m | $477K | $969K | 20x |
| Short | Variational Omni ME | 0.07453 | 0.0100 | get 0.0050% / 4h | 1h 15m | $11K | $1K | — |
OKX ME-USDT-SWAP
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
- $17.82
- Funding while held
- $2.39
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $10.21
- Spread needed to break even
- 0.100%
Slippage unknown: OKX: live order book, 17 min ago; Variational Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0080%
- Per $10,000 a day
- +$2.39
- 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, 17 min ago | 2.70 bp | 18.8 bp −$19 | 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.
Hyperliquid
Bitget
BingX
Binance
Reya
MEXC
BloFin
Bybit
Aster
Gate
KuCoinME on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid ME | 0.000% | +0.0100% | 1h | $234K | $99K | 3x | as long as short |
| OKX ME-USDT-SWAPlong | 0.000% | +0.0020% | 4h | $477K | $969K | 20x | |
| Bitget MEUSDT | +0.040% | +0.0100% | 4h | $632K | $401K | 25x | as long as short |
| BingX ME-USDT | +0.040% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Binance MEUSDT | +0.041% | +0.0100% | 4h | $2.1M | $3.7M | 50x | as long as short |
| Reya MERUSDPERP | +0.044% | +0.0228% | 1h | $26K | — | 15x | as long as short |
| MEXC ME_USDT | +0.054% | +0.0100% | 4h | $493K | $128K | 20x | as long as short |
| BloFin ME-USDT | +0.054% | +0.0146% | 4h | $114K | $7K | 50x | as long as short |
| Bybit MEUSDT | +0.108% | +0.0070% | 4h | $1.5M | $616K | 25x | as long as short |
| Aster MEUSDT | +0.116% | +0.0100% | 4h | $24K | $5K | 5x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ME_USDT | +0.134% | +0.0100% | 8h | $204K | $61K | 50x | as long as short |
| Variational Omni MEshort | +0.178% | +0.0100% | 4h | $11K | $1K | — | |
| KuCoin MEUSDTM | +0.242% | +0.0100% | 4h | $208K | $29K | 30x | as long as short |