Spread before costs (cost unknown: a leg has no order-book sample)−0.365%
7d average—if it closes, per $10,000$37funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ME | 0.07433 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $11K | $1K | — |
| Short | Hyperliquid ME | 0.07406 | 0.0100 | get 0.0013% / 1h | 1m 07s | $233K | $99K | 3x |
Variational Omni ME
Hyperliquid 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
- −$36.5
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$45.5
- Spread needed to break even
- 0.090%
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 60 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 60 min ago | 2.68 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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.BloFin0.07381cheapestGate0.07400+0.257%OKX0.07401+0.271%BingX0.07404+0.312%
BloFin
Gate
OKX
BingXHyperliquid0.07406+0.339%
Binance0.07410+0.393%Bybit0.07410+0.393%MEXC0.07410+0.393%Bitget0.07410+0.393%Reya0.07410+0.395%Aster0.07411+0.409%KuCoin0.07417+0.488%
Binance
Bybit
MEXC
Bitget
Reya
Aster
KuCoinVariational Omni0.07433+0.706%
ME on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | −0.701% | +0.0075% | 4h | $114K | $7K | 50x | as long as short |
| Gate ME_USDT | −0.446% | +0.0100% | 8h | $194K | $55K | 50x | as long as short |
| OKX ME-USDT-SWAP | −0.432% | −0.0016% | 4h | $473K | $960K | 20x | as long as short |
| BingX ME-USDT | −0.392% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Hyperliquid MEshort | −0.365% | +0.0100% | 1h | $233K | $99K | 3x | |
| Binance MEUSDT | −0.311% | +0.0100% | 4h | $2.1M | $3.6M | 50x | as long as short |
| Bybit MEUSDT | −0.311% | −0.0108% | 4h | $1.5M | $607K | 25x | as long as short |
| MEXC ME_USDT | −0.311% | +0.0100% | 4h | $488K | $128K | 20x | as long as short |
| Bitget MEUSDT | −0.311% | +0.0100% | 4h | $634K | $396K | 25x | as long as short |
| Reya MERUSDPERP | −0.309% | +0.0228% | 1h | $26K | — | 15x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster MEUSDT | −0.295% | +0.0100% | 4h | $24K | $5K | 5x | as long as short |
| KuCoin MEUSDTM | −0.217% | +0.0100% | 4h | $207K | $29K | 30x | as long as short |
| Variational Omni MElong | 0.000% | +0.0100% | 4h | $11K | $1K | — |