ArbiLayer

MEW arbitrage

live

Live cat in a dogs world price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.02%Bybit → Bitget · Perp–Perp
Best perp–perp spread+0.14%Bybit → Bitget
Markets tracked148 venues · 8 perp · 6 spot · 0 DEX
Price range0.21%$0.000495 – $0.000496

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$0.000495Bitget logoBitget$0.000496 +0.14%-0.02% +0.14%— 0.000%— LS Chart →
Bybit logoBybit$0.000495MEXC logoMEXC$0.000496 +0.12%-0.04% +0.12%— 0.000%— LS Chart →
Bybit logoBybit$0.000495Binance logoBinance$0.000496 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
Gate logoGate$0.000495Bitget logoBitget$0.000496 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
OKX logoOKX$0.000495Bitget logoBitget$0.000496 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
Gate logoGate$0.000495MEXC logoMEXC$0.000496 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
OKX logoOKX$0.000495MEXC logoMEXC$0.000496 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.000495Bitget logoBitget$0.000496 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Gate logoGate$0.000495Binance logoBinance$0.000496 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
OKX logoOKX$0.000495Binance logoBinance$0.000496 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.000495MEXC logoMEXC$0.000496 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
Bybit logoBybit$0.000495OKX logoOKX$0.000495 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.000495Binance logoBinance$0.000496 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Variational logoVariational$0.000496Bitget logoBitget$0.000496 +0.02%-0.14% +0.03%— +0.061%— LS Chart →
Bybit logoBybit$0.000495Gate logoGate$0.000495 0.00%-0.16% 0.00%— 0.000%— 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.

MEW price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · MEW-USDT-SWAPPerpetual $0.000495$0.000495$0.000495-0.09% +0.030%$785.2K
Bybit logoBybitPerpetual · MEWUSDTPerpetual $0.000495$0.000495$0.000495-0.14% +0.030%$324.7K
Bitget logoBitgetPerpetual · MEWUSDTPerpetual $0.000496$0.000496$0.000496+0.07% +0.030%$186.7K
OKX logoOKXSpot · MEW-USDTSpot $0.000496$0.000496$0.000496+0.01% —$148.3K
Bybit logoBybitSpot · MEWUSDTSpot $0.000496$0.000496$0.000496+0.02% —$126.1K
MEXC logoMEXCPerpetual · MEW_USDTPerpetual $0.000496$0.000496$0.0004960.00% +0.030%$108.0K
KuCoin logoKuCoinPerpetual · MEWUSDTMPerpetual $0.000495$0.000495$0.000495-0.13% +0.030%$87.9K
Gate logoGatePerpetual · MEW_USDTPerpetual $0.000495$0.000495$0.000495-0.10% +0.030%$57.8K
Gate logoGateSpot · MEW_USDTSpot $0.000496$0.000496$0.000496+0.04% —$53.2K
Bitget logoBitgetSpot · MEWUSDTSpot $0.000495$0.000497$0.000496+0.05% —$23.3K
KuCoin logoKuCoinSpot · MEW-USDTSpot $0.000495$0.000496$0.000496-0.03% —$14.8K
Variational logoVariationalPerpetual · MEWPerpetual $0.000495$0.000496$0.000495-0.11% -0.031%$427
Binance logoBinancePerpetual · MEWUSDTPerpetual $0.000496$0.000496$0.0004960.00% +0.030%—
MEXC logoMEXCSpot · MEWUSDTSpot $0.000495$0.000496$0.000496+0.03% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

MEW arbitrage explained

Right now cat in a dogs world (MEW) trades on 8 venues we scan: 8 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.000495 and the highest bid on Bitget perp at $0.000496.

The widest MEW perpetual spread is between Bybit and Bitget: long MEW on Bybit at $0.000495 and short on Bitget at $0.000496 for +0.14% gross, or -0.02% 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 MEW route is to buy spot on Bybit and short the perpetual on Bitget: -0.04% gross, -0.24% net, with +0.030% a day of funding on the short leg.

Spot–spot MEW arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows -0.04% 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 MEW 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: MEW funding rates · MEW spread charts · cat in a dogs world price · arbitrage scanner for all coins.

Is there a MEW arbitrage opportunity right now?

The best MEW route right now is to buy on Bybit → sell on Bitget (Perp–Perp): +0.14% gross and -0.02% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest MEW?

Bybit (perp) has the lowest MEW ask at $0.000495, and Bitget (perp) the highest bid at $0.000496. Prices update every 15 seconds on this page.

How many exchanges list MEW?

ArbiLayer tracks 14 MEW markets on 8 venues: 8 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage MEW without transferring coins?

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

Arbitrage for other coins

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