◈   futures · closed · divergence

$MERL — spread 2.64%

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

started 2026-02-15 18:18:49 ·closed 2026-02-15 18:18:49
Hyperliquid Futures ↗
MERL-USDC
$0.059375
▼ sell here
→
2.64%
spread
Bitget Futures ↗
MERLUSDT
$0.057847
▲ buy here
Current spread
2.64%
gap across exchanges
Peak
2.64%
event maximum
Entry
2.64%
when recorded
Norm · 30d
0.17%
±0.14%
◈ pair history
Total events
9
arbitrages per pair
Average spread
3.1%
historical
Average duration
13s
how long they last
Frequency
0.3
per day
◈ prices across all exchanges
Bybit Futures ↗
MERLUSDT
$0.059370price
$7.0Kvolume · 1min
→
Bitget Futures ↗
MERLUSDT
$0.057847price
$25.1Kvolume · 1min
→
OKX Futures ↗
MERL-USDT-SWAP
$0.059320price
$10.4Kvolume · 1min
→
Hyperliquid Futures ↗
MERL-USDC
$0.059375price
$2.5Kvolume · 1min
→
Bitunix Futures ↗
MERLUSDT
$0.059340price
$1.1Kvolume · 1min
→