◈   futures · closed · divergence

$MERL — spread 4.95%

Across exchanges 7 pairs. Buy cheaper on Hyperliquid Futures, sell higher on Bitget Futures. If the spread > fees — there is sense.

started 2026-06-26 17:01:18 ·closed 2026-06-26 17:01:48
◈ Spread over time
peak 4.95% · entry 4.95%
LIVE◈ ARBVOICE OF CHAIN$MERL5.0%MULTI (7) | JUN 26, 17:01 UTC $0.019$0.019$0.019$0.018VOLUME16:5416:5717:0117:04◈ SNAPSHOTVOLUME$275KSPREAD5.0%EXCHANGES7◈ ◈ ◈SIGNAL · NOT FINANCIAL ADVICE#MERL · 19:25
MERLUSDT
$0.019120
▼ sell here
4.95%
spread
MERL-USDC
$0.018218
▲ buy here
Current spread
4.95%
gap across exchanges
Peak
4.95%
event maximum
Entry
4.95%
when recorded
Norm · 30d
0.22%
±0.20%
◈ pair history
Total events
20
arbitrages per pair
Average spread
3.6%
historical
Average duration
14s
how long they last
Frequency
0.1
per day
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◈ prices across all exchanges
$0.019102price
$20.7Kvolume · 1min
$0.019120price
$60.8Kvolume · 1min
$0.018680price
$66.3Kvolume · 1min
MERL-USDT-SWAP
$0.018980price
$112.0Kvolume · 1min
MERLUSDTM
$0.018688price
$9.1Kvolume · 1min
$0.018218price
$4.0Kvolume · 1min
$0.018680price
$2.1Kvolume · 1min
◈ more on $MERL