Spread before costs (cost unknown: a leg has no order-book sample)−0.006%
7d average—if it closes, per $10,000$1funding while held, a day−$3.83
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MERUSDPERP | 0.07414 | 0.0228 | pay 0.0028% / 1h | 10m 48s | $26K | — | 15x |
| Short | MEXC ME_USDT | 0.07414 | 0.0100 | get 0.0050% / 4h | 2h 10m | $489K | $127K | 20x |
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
- −$0.63
- Funding while held
- −$3.83
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$14.46
- Spread needed to break even
- 0.100%
Slippage unknown: Reya: no order-book sample; MEXC: live order book, 20 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0128%
- Per $10,000 a day
- −$3.83
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 20 min ago | 2.04 bp | 7.6 bp −$8 | 32.1 bp −$321 | 127.5 bp −$12.8K | doesn't fit |
Reya: 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.ME on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ME-USDT-SWAP | −0.033% | +0.0046% | 4h | $475K | $953K | 20x | as long as short |
| Hyperliquid ME | −0.020% | +0.0100% | 1h | $233K | $98K | 3x | as long as short |
| MEXC ME_USDTshort | −0.006% | +0.0100% | 4h | $489K | $127K | 20x | |
| Reya MERUSDPERPlong | 0.000% | +0.0228% | 1h | $26K | — | 15x | |
| BloFin ME-USDT | +0.021% | +0.0074% | 4h | $114K | $7K | 50x | as long as short |
| BingX ME-USDT | +0.034% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Aster MEUSDT | +0.116% | +0.0100% | 4h | $24K | $5K | 5x | as long as short |
| Bitget MEUSDT | +0.142% | +0.0100% | 4h | $634K | $387K | 25x | as long as short |
| Binance MEUSDT | +0.153% | +0.0100% | 4h | $2.1M | $3.6M | 50x | as long as short |
| Bybit MEUSDT | +0.156% | −0.0040% | 4h | $1.5M | $601K | 25x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.184% | +0.0100% | 4h | $11K | $1K | — | as long as short |
| Gate ME_USDT | +0.210% | +0.0100% | 8h | $194K | $54K | 50x | as long as short |
| KuCoin MEUSDTM | +0.210% | +0.0100% | 4h | $208K | $29K | 30x | as long as short |
MEXC ME_USDT
OKX
Hyperliquid
BloFin
BingX
Aster
Bitget
Binance
Bybit
Variational Omni
Gate
KuCoin