After costs, if the gap returns to its 7d average, $10k−$119
spread now−0.236%7d average−0.081%fees + slippage, in and out−$104spread needed1.037%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MEWUSDT | 0.0004712 | 0.0100 | pay 0.0050% / 4h | 46m 40s | $1.1M | $1.9M | 50x |
| Short | Bybit MEWUSDT | 0.0004701 | 0.0100 | get 0.0050% / 4h | 46m 40s | $1.5M | $626K | 25x |
Binance MEWUSDT
Bybit MEWUSDTPrice 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
- −$23.56
- Funding while held
- $0
- Slippage, 4 orders
- −$82.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$127.26
- Spread needed to break even
- 1.037%
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 1 min ago.
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 Binance live order book, 3 min ago | 3.19 bp | 26.5 bp −$26 | 100.0 bp −$1,000 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 7.44 bp | 26.0 bp −$26 | 148.9 bp −$1,489 | doesn't fit | doesn't fit |
MEW price on every exchange
against the cheapest. Click to use as the short leg.Injective0.0004219cheapest
Variational Omni0.0004667+10.617%GMX0.0004700+11.401%
Injective
Variational Omni
GMXBybit0.0004701+11.425%
OKX0.0004702+11.448%Gate0.0004706+11.543%KuCoin0.0004707+11.567%Bitget0.0004708+11.590%BingX0.0004709+11.614%MEXC0.0004711+11.662%
OKX
Gate
KuCoin
Bitget
BingX
MEXCBinance0.0004712+11.688%
Kraken Futures0.0004713+11.701%
Kraken FuturesMEW on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MEW/USDC PERP | −10.465% | +0.0033% | 1h | $46 | $26K | 5.5x | as long as short |
| Variational Omni MEW | −0.959% | +0.0100% | 4h | $52K | $130 | — | as long as short |
| GMX MEW/USD [WBTC.b-USDC] | −0.257% | L 0.0000% / S 0.0000% | 1h | — | — | 100x | as long as short |
| Bybit MEWUSDTshort | −0.236% | +0.0100% | 4h | $1.5M | $626K | 25x | |
| OKX MEW-USDT-SWAP | −0.214% | +0.0100% | 4h | $530K | $514K | 20x | as long as short |
| Gate MEW_USDT | −0.129% | +0.0100% | 4h | $126K | $63K | 50x | as long as short |
| KuCoin MEWUSDTM | −0.108% | +0.0100% | 4h | $361K | $91K | 30x | as long as short |
| Bitget MEWUSDT | −0.087% | +0.0100% | 4h | $517K | $247K | 50x | as long as short |
| BingX MEW-USDT | −0.066% | +0.0100% | 4h | — | $22.0M | — | as long as short |
| MEXC MEW_USDT | −0.023% | +0.0100% | 4h | $410K | $161K | 125x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance MEWUSDTlong | 0.000% | +0.0100% | 4h | $1.1M | $1.9M | 50x | |
| Kraken Futures PF_MEWUSD | +0.012% | +0.0289% | 1h | $95K | $121K | 10x | as long as short |