◈   futures · closed · divergence

$MERL — spread 2.15%

Across exchanges 6 pairs. Buy cheaper on Gate.io Futures, sell higher on Hyperliquid Futures. If the spread > fees — there is sense.

started 2026-02-17 04:40:43 ·closed 2026-02-17 04:40:43
Hyperliquid Futures ↗
MERL-USDC
$0.069697
▼ sell here
→
2.15%
spread
Gate.io Futures ↗
MERL_USDT
$0.068230
▲ buy here
Current spread
2.15%
gap across exchanges
Peak
2.15%
event maximum
Entry
2.15%
when recorded
Norm · 30d
0.18%
±0.15%
◈ pair history
Total events
12
arbitrages per pair
Average spread
3.1%
historical
Average duration
14s
how long they last
Frequency
0.4
per day
◈ prices across all exchanges
Bitget Futures ↗
MERLUSDT
$0.069141price
$4.3Kvolume · 1min
→
OKX Futures ↗
MERL-USDT-SWAP
$0.068322price
$284.3Kvolume · 1min
→
Hyperliquid Futures ↗
MERL-USDC
$0.069697price
$3.7Kvolume · 1min
→
Gate.io Futures ↗
MERL_USDT
$0.068230price
$2.9Kvolume · 1min
→
Bitunix Futures ↗
MERLUSDT
$0.069170price
$4.2Kvolume · 1min
→
Bybit Futures ↗
MERLUSDT
$0.069340price
$30.6Kvolume · 1min
→