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%Gate → MEXC · Perp–Perp
Best perp–perp spread+0.14%Gate → MEXC
Markets tracked148 venues · 8 perp · 6 spot · 0 DEX
Price range0.32%$0.000486 – $0.000488

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGate$0.000486MEXC logoMEXC$0.000487 +0.14%-0.02% +0.14%— 0.000%— LS Chart →
Gate logoGate$0.000486Binance logoBinance$0.000487 +0.12%-0.04% +0.12%— 0.000%— LS Chart →
OKX logoOKX$0.000486MEXC logoMEXC$0.000487 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.000486MEXC logoMEXC$0.000487 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
Gate logoGate$0.000486Bybit logoBybit$0.000486 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Gate logoGate$0.000486Bitget logoBitget$0.000486 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
OKX logoOKX$0.000486Binance logoBinance$0.000487 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.000486Binance logoBinance$0.000487 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Gate logoGate$0.000486OKX logoOKX$0.000486 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Variational logoVariational$0.000487MEXC logoMEXC$0.000487 +0.02%-0.14% +0.02%— +0.000%— LS Chart →
OKX logoOKX$0.000486Bybit logoBybit$0.000486 0.00%-0.16% 0.00%— 0.000%— LS Chart →
OKX logoOKX$0.000486Bitget logoBitget$0.000486 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Variational logoVariational$0.000487Binance logoBinance$0.000487 0.00%-0.16% +0.00%— +0.000%— LS Chart →
KuCoin logoKuCoin$0.000486Bybit logoBybit$0.000486 0.00%-0.16% 0.00%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.000486Bitget logoBitget$0.000486 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 $0.000486$0.000486$0.000486-0.09% +0.030%$962.9K
Bybit logoBybitPerpetual · MEWUSDTPerpetual $0.000486$0.000487$0.000487-0.02% +0.030%$413.9K
Bitget logoBitgetPerpetual · MEWUSDTPerpetual $0.000486$0.000487$0.000487-0.01% +0.030%$291.3K
OKX logoOKXSpot · MEW-USDTSpot $0.000487$0.000487$0.000487+0.05% —$193.8K
Bybit logoBybitSpot · MEWUSDTSpot $0.000487$0.000487$0.000487+0.05% —$168.4K
MEXC logoMEXCPerpetual · MEW_USDTPerpetual $0.000487$0.000487$0.000487+0.02% +0.030%$115.1K
KuCoin logoKuCoinPerpetual · MEWUSDTMPerpetual $0.000486$0.000486$0.000486-0.16% +0.030%$83.0K
Gate logoGateSpot · MEW_USDTSpot $0.000487$0.000487$0.000487+0.02% —$71.4K
Gate logoGatePerpetual · MEW_USDTPerpetual $0.000486$0.000486$0.000486-0.15% +0.030%$69.6K
Bitget logoBitgetSpot · MEWUSDTSpot $0.000486$0.000487$0.000487-0.03% —$28.7K
KuCoin logoKuCoinSpot · MEW-USDTSpot $0.000487$0.000488$0.000488+0.15% —$23.4K
Variational logoVariationalPerpetual · MEWPerpetual $0.000486$0.000487$0.000486-0.12% +0.030%$630
Binance logoBinancePerpetual · MEWUSDTPerpetual $0.000487$0.000487$0.000487+0.01% +0.030%—
MEXC logoMEXCSpot · MEWUSDTSpot $0.000487$0.000487$0.000487+0.05% ——
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 Gate perp at $0.000486 and the highest bid on KuCoin spot at $0.000487.

The widest MEW perpetual spread is between Gate and MEXC: long MEW on Gate at $0.000486 and short on MEXC at $0.000487 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 Gate and short the perpetual on MEXC: -0.02% gross, -0.22% net, with +0.030% a day of funding on the short leg.

Spot–spot MEW arbitrage (buy on Gate, withdraw, deposit and sell on KuCoin) shows +0.02% 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 Gate → sell on MEXC (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?

Gate (perp) has the lowest MEW ask at $0.000486, and KuCoin (spot) the highest bid at $0.000487. 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 (Gate now) and short it on the more expensive one (MEXC), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

CRO +17.46%POWER +14.27%OKB +14.09%BLAST +11.24%UPC +7.62%C98 +6.94%ESPORTS +6.39%OPENAI +6.27%BDX +6.17%AI +4.57%ONE +4.34%ZEUS +3.43%ANTHROPIC +3.28%H100 +3.15%RLC +3.01%ZIL +2.95%EGLD +2.86%SPCX +2.77%