Spread before costs (cost unknown: a leg has no order-book sample)+0.056%
7d average—if it closes, per $10,000$6funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MEW | 0.0004607 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $51K | $120 | — |
| Short | GMX MEW/USD [WBTC.b-USDC] | 0.0004610 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 58m 00s | — | — | 100x |
Variational Omni MEW
GMX MEW/USD [WBTC.b-USDC]Price 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
- $5.56
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$9.44
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 GMX no order-book sample | — | — | — | — | — |
Variational Omni and GMX: 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
Gate0.0004604+9.125%
Injective
GateVariational Omni0.0004607+9.207%
Bybit0.0004610+9.268%
BybitGMX0.0004610+9.268%
BingX0.0004611+9.291%OKX0.0004612+9.315%KuCoin0.0004613+9.339%Binance0.0004614+9.362%Bitget0.0004615+9.386%MEXC0.0004616+9.410%Kraken Futures0.0004622+9.558%
BingX
OKX
KuCoin
Binance
Bitget
MEXC
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 | −8.431% | +0.0033% | 1h | $46 | $14K | 5.5x | as long as short |
| Gate MEW_USDT | −0.075% | +0.0100% | 4h | $121K | $72K | 50x | as long as short |
| Variational Omni MEWlong | 0.000% | +0.0100% | 4h | $51K | $120 | — | |
| Bybit MEWUSDT | +0.056% | +0.0100% | 4h | $1.4M | $855K | 25x | as long as short |
| GMX MEW/USD [WBTC.b-USDC]short | +0.056% | L 0.0000% / S 0.0000% | 1h | — | — | 100x | |
| BingX MEW-USDT | +0.077% | +0.0100% | 4h | — | $22.2M | — | as long as short |
| OKX MEW-USDT-SWAP | +0.099% | +0.0100% | 4h | $518K | $630K | 20x | as long as short |
| KuCoin MEWUSDTM | +0.121% | +0.0100% | 4h | $365K | $103K | 30x | as long as short |
| Binance MEWUSDT | +0.142% | +0.0100% | 4h | $1.1M | $2.4M | 50x | as long as short |
| Bitget MEWUSDT | +0.164% | +0.0100% | 4h | $480K | $332K | 50x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC MEW_USDT | +0.186% | +0.0100% | 4h | $379K | $168K | 125x | as long as short |
| Kraken Futures PF_MEWUSD | +0.321% | +0.0144% | 1h | $91K | $137K | 10x | as long as short |