After costs, if the gap returns to its 7d average, $10k−$99
spread now−0.086%7d average−0.102%fees + slippage, in and out−$101spread needed1.008%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MEWUSDT | 0.0004642 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $482K | $327K | 50x |
| Short | Bybit MEWUSDT | 0.0004638 | 0.0100 | get 0.0050% / 4h | 3h 06m | $1.5M | $813K | 25x |
Bitget 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
- −$8.62
- Funding while held
- $0
- Slippage, 4 orders
- −$77.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$109.37
- Spread needed to break even
- 1.008%
Slippage from Bitget: live order book, 32 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 Bitget live order book, 32 min ago | 9.62 bp | 22.7 bp −$23 | 126.4 bp −$1,264 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.39 bp | 26.2 bp −$26 | 167.0 bp −$1,670 | doesn't fit | doesn't fit |
MEW price on every exchange
against the cheapest. Click to use as the short leg.Injective0.0004219cheapest
InjectiveBybit0.0004638+9.931%
OKX0.0004639+9.955%Gate0.0004640+9.979%KuCoin0.0004640+9.979%GMX0.0004640+9.979%
OKX
Gate
KuCoin
GMXBitget0.0004642+10.026%
Binance0.0004642+10.038%BingX0.0004644+10.073%MEXC0.0004646+10.121%Kraken Futures0.0004649+10.203%Variational Omni0.0004650+10.214%
Binance
BingX
MEXC
Kraken Futures
Variational OmniMEW on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MEW/USDC PERP | −9.112% | +0.0033% | 1h | $46 | $26K | 5.5x | as long as short |
| Bybit MEWUSDTshort | −0.086% | +0.0100% | 4h | $1.5M | $813K | 25x | |
| OKX MEW-USDT-SWAP | −0.065% | +0.0040% | 4h | $516K | $626K | 20x | as long as short |
| Gate MEW_USDT | −0.043% | +0.0100% | 4h | $121K | $72K | 50x | as long as short |
| KuCoin MEWUSDTM | −0.043% | +0.0100% | 4h | $370K | $101K | 30x | as long as short |
| GMX MEW/USD [WBTC.b-USDC] | −0.043% | L 0.0000% / S 0.0000% | 1h | — | — | 100x | as long as short |
| Bitget MEWUSDTlong | 0.000% | +0.0100% | 4h | $482K | $327K | 50x | |
| Binance MEWUSDT | +0.011% | +0.0100% | 4h | $1.1M | $2.4M | 50x | as long as short |
| BingX MEW-USDT | +0.043% | +0.0100% | 4h | — | $22.2M | — | as long as short |
| MEXC MEW_USDT | +0.086% | +0.0100% | 4h | $380K | $172K | 125x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MEWUSD | +0.161% | −0.0673% | 1h | $95K | $128K | 10x | as long as short |
| Variational Omni MEW | +0.171% | +0.0100% | 4h | $52K | $130 | — | as long as short |