◈   futures · closed · divergence

$MERL — spread 5.35%

Across exchanges 5 pairs. Buy cheaper on KuCoin Futures, sell higher on Hyperliquid Futures. If the spread > fees — there is sense.

started 2026-07-02 20:58:47 ·closed 2026-07-02 20:58:47
◈ Spread over time
peak 5.35% · entry 5.35%
LIVE◈ ARBVOICE OF CHAIN$MERL5.4%MULTI (5) | JUL 2, 20:58 UTC $0.021$0.020$0.020$0.019VOLUME20:4420:4720:5020:5320:5620:58◈ SNAPSHOTVOLUME$173KSPREAD5.4%EXCHANGES5◈ ◈ ◈SIGNAL · NOT FINANCIAL ADVICE#MERL · 20:30
Hyperliquid Futures ↗
MERL-USDC
$0.020701
▼ sell here
→
5.35%
spread
KuCoin Futures ↗
MERLUSDTM
$0.019649
▲ buy here
Current spread
5.35%
gap across exchanges
Peak
5.35%
event maximum
Entry
5.35%
when recorded
Norm · 30d
0.22%
±0.21%
◈ pair history
Total events
21
arbitrages per pair
Average spread
3.7%
historical
Average duration
15s
how long they last
Frequency
0.1
per day
◈ Capture the spread Open $MERL on the venues where it's happening — sign up via our link for a fee discount
Trade MERL on Binance Futures ★ Fee discount → Trade MERL on OKX Futures ★ Fee discount →
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◈ prices across all exchanges
Binance Futures ↗
MERLUSDT
$0.020570price
$19.7Kvolume · 1min
→
OKX Futures ↗
MERL-USDT-SWAP
$0.019704price
$141.5Kvolume · 1min
→
KuCoin Futures ↗
MERLUSDTM
$0.019649price
$7.2Kvolume · 1min
→
Hyperliquid Futures ↗
MERL-USDC
$0.020701price
$3.2Kvolume · 1min
→
Bitunix Futures ↗
MERLUSDT
$0.020580price
$1.6Kvolume · 1min
→
◈ more on $MERL
Arbitrage2026-06-26 17:01:18
spread 4.95%
→
Arbitrage2026-06-15 15:01:22
spread 5.96%
→
Arbitrage2026-05-17 23:42:36
spread 3.60%
→
Arbitrage2026-04-20 11:09:20
spread 5.58%
→
Arbitrage2026-04-20 11:09:20
spread 3.68%
→
Arbitrage2026-04-15 06:35:14
spread 4.18%
→