ArbiLayer

M arbitrage

live

Live MemeCore price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.01%MEXC → Bybit · Perp–Perp
Best perp–perp spread+0.15%MEXC → Bybit
Markets tracked118 venues · 8 perp · 3 spot · 0 DEX
Price range0.25%$1.04 – $1.04

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
MEXC logoMEXCspot$1.04Bybit logoBybit$1.04 +0.00%-0.20% +0.01%— +0.030%— LS Chart →
Bitget logoBitgetspot$1.04Bybit logoBybit$1.04 -0.00%-0.20% +0.00%— +0.030%— LS Chart →
Gate logoGatespot$1.04Bybit logoBybit$1.04 -0.05%-0.25% -0.04%— +0.030%— LS Chart →
MEXC logoMEXCspot$1.04Variational logoVariational$1.04 -0.16%-0.36% -0.15%— +0.030%— LS Chart →
MEXC logoMEXCspot$1.04Binance logoBinance$1.04 -0.16%-0.36% -0.15%— +0.030%— LS Chart →
Bitget logoBitgetspot$1.04Variational logoVariational$1.04 -0.16%-0.36% -0.16%— +0.030%— LS Chart →
Bitget logoBitgetspot$1.04Binance logoBinance$1.04 -0.17%-0.37% -0.16%— +0.030%— LS Chart →
MEXC logoMEXCspot$1.04Gate logoGate$1.04 -0.17%-0.37% -0.16%— +0.030%— LS Chart →
Bitget logoBitgetspot$1.04Gate logoGate$1.04 -0.18%-0.38% -0.17%— +0.030%— LS Chart →
MEXC logoMEXCspot$1.04Bitget logoBitget$1.04 -0.18%-0.38% -0.17%— +0.030%— LS Chart →
Bitget logoBitgetspot$1.04Bitget logoBitget$1.04 -0.19%-0.39% -0.18%— +0.030%— LS Chart →
Gate logoGatespot$1.04Variational logoVariational$1.04 -0.21%-0.41% -0.20%— +0.030%— LS Chart →
Gate logoGatespot$1.04Binance logoBinance$1.04 -0.21%-0.41% -0.21%— +0.030%— LS Chart →
MEXC logoMEXCspot$1.04MEXC logoMEXC$1.04 -0.22%-0.42% -0.21%— +0.030%— LS Chart →
Gate logoGatespot$1.04Gate logoGate$1.04 -0.22%-0.42% -0.21%— +0.030%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

M price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinPerpetual · MUSDTMPerpetual $1.04$1.04$1.04-0.03% +0.364%$648.0K
Bybit logoBybitPerpetual · MUSDTPerpetual $1.04$1.04$1.04+0.16% +0.030%$498.9K
Bitget logoBitgetPerpetual · MUSDTPerpetual $1.04$1.04$1.04-0.01% +0.030%$434.8K
Bitget logoBitgetSpot · MUSDTSpot $1.04$1.04$1.04+0.08% —$248.7K
Gate logoGateSpot · M_USDTSpot $1.04$1.04$1.04+0.11% —$190.3K
MEXC logoMEXCPerpetual · M_USDTPerpetual $1.04$1.04$1.04-0.08% +0.030%$100.2K
Gate logoGatePerpetual · M_USDTPerpetual $1.04$1.04$1.04-0.03% +0.030%$54.6K
Variational logoVariationalPerpetual · MPerpetual $1.04$1.04$1.04+0.09% +0.030%$1.8K
Binance logoBinancePerpetual · MUSDTPerpetual $1.04$1.04$1.04-0.01% +0.030%—
Aster logoAsterPerpetual · MUSDTPerpetual $1.04$1.04$1.040.00% +0.030%—
MEXC logoMEXCSpot · MUSDTSpot $1.04$1.04$1.04+0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

M arbitrage explained

Right now MemeCore (M) trades on 8 venues we scan: 8 perpetual markets, 3 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $1.04 and the highest bid on Bybit perp at $1.04.

The widest M perpetual spread is between MEXC and Bybit: long M on MEXC at $1.04 and short on Bybit at $1.04 for +0.15% gross, or -0.01% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best M route is to buy spot on MEXC and short the perpetual on Bybit: +0.00% gross, -0.20% net, with +0.030% a day of funding on the short leg.

Spot–spot M arbitrage (buy on MEXC, withdraw, deposit and sell on Gate) shows -0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small M gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: M funding rates · M spread charts · MemeCore price · arbitrage scanner for all coins.

Is there a M arbitrage opportunity right now?

The best M route right now is to buy on MEXC → sell on Bybit (Perp–Perp): +0.15% gross and -0.01% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest M?

MEXC (perp) has the lowest M ask at $1.04, and Bybit (perp) the highest bid at $1.04. Prices update every 15 seconds on this page.

How many exchanges list M?

ArbiLayer tracks 11 M markets on 8 venues: 8 perpetual, 3 spot and 0 DEX pools.

How do I arbitrage M without transferring coins?

Use two perpetual contracts: go long M on the cheaper exchange (MEXC now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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