Spread before costs (cost unknown: a leg has no order-book sample)+0.348%
7d average—if it closes, per $10,000$35funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MEW_USDT | 0.0004643 | 0.0100 | pay 0.0050% / 4h | 1h 11m | $383K | $170K | 125x |
| Short | Variational Omni MEW | 0.0004659 | 0.0100 | get 0.0050% / 4h | 1h 11m | $52K | $2K | — |
MEXC MEW_USDT
Variational Omni MEWPrice 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
- $34.81
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $30.81
- Spread needed to break even
- 0.040%
Slippage unknown: MEXC: live order book, 5 min ago; Variational Omni: no order-book sample. 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 MEXC live order book, 5 min ago | 1.07 bp | 7.0 bp −$7 | 39.2 bp −$392 | 154.8 bp −$15.5K | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
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.
MEW price on every exchange
against the cheapest. Click to use as the short leg.Injective0.0004219cheapest
Gate0.0004631+9.765%Bybit0.0004638+9.931%OKX0.0004638+9.931%GMX0.0004640+9.979%BingX0.0004641+10.002%
Injective
Gate
Bybit
OKX
GMX
BingXMEXC0.0004643+10.050%
KuCoin0.0004643+10.050%Bitget0.0004644+10.073%Binance0.0004645+10.097%Kraken Futures0.0004654+10.305%
KuCoin
Bitget
Binance
Kraken FuturesVariational Omni0.0004659+10.433%
MEW on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MEW/USDC PERP | −9.132% | +0.0033% | 1h | $46 | $14K | 5.5x | as long as short |
| Gate MEW_USDT | −0.258% | +0.0100% | 4h | $122K | $72K | 50x | as long as short |
| Bybit MEWUSDT | −0.108% | +0.0100% | 4h | $1.4M | $865K | 25x | as long as short |
| OKX MEW-USDT-SWAP | −0.108% | +0.0100% | 4h | $519K | $641K | 20x | as long as short |
| GMX MEW/USD [WBTC.b-USDC] | −0.065% | L 0.0000% / S 0.0000% | 1h | — | — | 100x | as long as short |
| BingX MEW-USDT | −0.043% | +0.0100% | 4h | — | $22.3M | — | as long as short |
| MEXC MEW_USDTlong | 0.000% | +0.0100% | 4h | $383K | $170K | 125x | |
| KuCoin MEWUSDTM | 0.000% | +0.0100% | 4h | $365K | $104K | 30x | as long as short |
| Bitget MEWUSDT | +0.022% | +0.0100% | 4h | $481K | $335K | 50x | as long as short |
| Binance MEWUSDT | +0.043% | +0.0100% | 4h | $1.1M | $2.5M | 50x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MEWUSD | +0.232% | +0.0143% | 1h | $91K | $138K | 10x | as long as short |
| Variational Omni MEWshort | +0.348% | +0.0100% | 4h | $52K | $2K | — |