After costs, if the gap returns to its 7d average, $10k−$241
spread now−0.195%7d average−0.170%fees + slippage, in and out−$239spread needed2.385%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MEWUSDT | 0.0004620 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $481K | $334K | 50x |
| Short | Gate MEW_USDT | 0.0004611 | 0.0100 | get 0.0050% / 4h | 2h 24m | $122K | $72K | 50x |
Bitget MEWUSDT
Gate MEW_USDTPrice 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
- −$19.48
- Funding while held
- $0
- Slippage, 4 orders
- −$211.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$258.03
- Spread needed to break even
- 2.385%
Slippage from Bitget: live order book, 7 min ago; Gate: live order book, 7 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, 7 min ago | 5.43 bp | 23.5 bp −$24 | 170.9 bp −$1,709 | doesn't fit | doesn't fit |
| Sell Gate live order book, 7 min ago | 5.44 bp | 53.6 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
MEW price on every exchange
against the cheapest. Click to use as the short leg.Injective0.0004219cheapest
InjectiveGate0.0004611+9.291%
OKX0.0004616+9.410%Bybit0.0004620+9.505%MEXC0.0004620+9.505%
OKX
Bybit
MEXCBitget0.0004620+9.505%
GMX0.0004620+9.505%KuCoin0.0004621+9.528%Variational Omni0.0004621+9.534%Binance0.0004622+9.550%BingX0.0004623+9.576%Kraken Futures0.0004626+9.644%
GMX
KuCoin
Variational Omni
Binance
BingX
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 | −8.680% | +0.0033% | 1h | $46 | $26K | 5.5x | as long as short |
| Gate MEW_USDTshort | −0.195% | +0.0100% | 4h | $122K | $72K | 50x | |
| OKX MEW-USDT-SWAP | −0.087% | +0.0100% | 4h | $516K | $623K | 20x | as long as short |
| Bybit MEWUSDT | 0.000% | +0.0100% | 4h | $1.4M | $845K | 25x | as long as short |
| MEXC MEW_USDT | 0.000% | +0.0100% | 4h | $378K | $170K | 125x | as long as short |
| Bitget MEWUSDTlong | 0.000% | +0.0100% | 4h | $481K | $334K | 50x | |
| GMX MEW/USD [WBTC.b-USDC] | 0.000% | L 0.0000% / S 0.0000% | 1h | — | — | 100x | as long as short |
| KuCoin MEWUSDTM | +0.022% | +0.0100% | 4h | $367K | $102K | 30x | as long as short |
| Variational Omni MEW | +0.027% | +0.0100% | 4h | $51K | $120 | — | as long as short |
| Binance MEWUSDT | +0.041% | +0.0100% | 4h | $1.1M | $2.4M | 50x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX MEW-USDT | +0.065% | +0.0100% | 4h | — | $22.2M | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.127% | −0.0176% | 1h | $94K | $133K | 10x | as long as short |