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-0.06%OKX → Binance · Perp–Perp
Best perp–perp spread+0.10%OKX → Binance
Markets tracked148 venues · 8 perp · 6 spot · 0 DEX
Price range0.16%$0.000489 – $0.00049

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
OKX logoOKXspot$0.00049Bybit logoBybitspot$0.00049 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
OKX logoOKXspot$0.00049Gate logoGatespot$0.00049 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Gate logoGatespot$0.00049Bybit logoBybitspot$0.00049 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Bybit logoBybitspot$0.00049Gate logoGatespot$0.00049 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.00049Bybit logoBybitspot$0.00049 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.00049Gate logoGatespot$0.00049 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.00049Bybit logoBybitspot$0.00049 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.00049Gate logoGatespot$0.00049 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
Gate logoGatespot$0.00049OKX logoOKXspot$0.00049 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.00049Bybit logoBybitspot$0.00049 -0.08%-0.28% -0.08%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.00049Gate logoGatespot$0.00049 -0.08%-0.28% -0.08%— 0.000%— LS Chart →
Bybit logoBybitspot$0.00049OKX logoOKXspot$0.00049 -0.08%-0.28% -0.08%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.00049OKX logoOKXspot$0.00049 -0.08%-0.28% -0.08%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.00049OKX logoOKXspot$0.00049 -0.08%-0.28% -0.08%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.00049OKX logoOKXspot$0.00049 -0.10%-0.30% -0.10%— 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 $0.000489$0.000489$0.000489-0.10% +0.030%$835.9K
Bybit logoBybitPerpetual · MEWUSDTPerpetual $0.000489$0.000489$0.000489-0.10% +0.030%$325.7K
Bitget logoBitgetPerpetual · MEWUSDTPerpetual $0.00049$0.00049$0.00049+0.05% +0.030%$209.4K
OKX logoOKXSpot · MEW-USDTSpot $0.00049$0.00049$0.00049+0.02% —$168.9K
Bybit logoBybitSpot · MEWUSDTSpot $0.00049$0.00049$0.00049+0.04% —$144.8K
MEXC logoMEXCPerpetual · MEW_USDTPerpetual $0.00049$0.00049$0.00049+0.04% +0.030%$109.2K
KuCoin logoKuCoinPerpetual · MEWUSDTMPerpetual $0.000489$0.00049$0.000489-0.11% +0.030%$91.3K
Gate logoGateSpot · MEW_USDTSpot $0.00049$0.00049$0.00049+0.03% —$58.5K
Gate logoGatePerpetual · MEW_USDTPerpetual $0.000489$0.00049$0.000489-0.05% +0.030%$56.9K
Bitget logoBitgetSpot · MEWUSDTSpot $0.000489$0.00049$0.000490.00% —$27.5K
KuCoin logoKuCoinSpot · MEW-USDTSpot $0.000489$0.00049$0.000489-0.03% —$25.2K
Variational logoVariationalPerpetual · MEWPerpetual $0.000489$0.00049$0.000489-0.04% +0.030%$417
Binance logoBinancePerpetual · MEWUSDTPerpetual $0.00049$0.00049$0.00049+0.04% +0.030%—
MEXC logoMEXCSpot · MEWUSDTSpot $0.000489$0.00049$0.000490.00% ——
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 OKX perp at $0.000489 and the highest bid on MEXC perp at $0.00049.

The widest MEW perpetual spread is between OKX and Binance: long MEW on OKX at $0.000489 and short on Binance at $0.00049 for +0.10% gross, or -0.06% 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 OKX and short the perpetual on Binance: -0.02% gross, -0.22% net, with +0.030% a day of funding on the short leg.

Spot–spot MEW arbitrage (buy on OKX, withdraw, deposit and sell on Bybit) 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 OKX → sell on Binance (Perp–Perp): +0.10% gross and -0.06% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest MEW?

OKX (perp) has the lowest MEW ask at $0.000489, and MEXC (perp) the highest bid at $0.00049. 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 (OKX now) and short it on the more expensive one (Binance), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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