After costs, if the gap returns to its 7d average, $10k−$140
spread now−0.135%7d average−0.060%fees + slippage, in and out−$133spread needed1.330%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack MET_USDC_PERP | 0.2748 | 0.0100 | pay 0.0013% / 1h | 18m 12s | $318K | $259K | 5x |
| Short | Gate MET_USDT | 0.2744 | 0.0100 | get 0.0050% / 4h | 18m 12s | $188K | $245K | 50x |
Backpack MET_USDC_PERP
Gate MET_USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$13.47
- Funding while held
- $0
- Slippage, 4 orders
- −$107.99
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$146.45
- Spread needed to break even
- 1.330%
Slippage from Backpack: live order book, 32 min ago; Gate: live order book, 25 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 32 min ago | 0.18 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 25 min ago | 8.99 bp | 51.2 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.2738cheapestGMX0.2741+0.121%SunX0.2742+0.146%Binance0.2743+0.183%Bybit0.2743+0.183%OKX0.2744+0.219%
ApeX Omni
GMX
SunX
Binance
Bybit
OKXGate0.2744+0.219%
Bitget0.2744+0.219%MEXC0.2746+0.292%Hyperliquid0.2747+0.329%KuCoin0.2747+0.329%
Bitget
MEXC
Hyperliquid
KuCoinBackpack0.2748+0.354%
Phoenix0.2748+0.383%Aster0.2749+0.403%Lighter0.2749+0.413%BloFin0.2750+0.438%
Phoenix
Aster
Lighter
BloFinMET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METUSDT | −0.353% | +0.0100% | 1h | $35K | $119K | 50x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | −0.232% | L −0.1598% / S +0.0234% | 1h | $9K | — | 50x | as long as short |
| SunX MET-USDT | −0.207% | +0.0100% | 4h | $2K | $1.5M | 20x | as long as short |
| Binance METUSDT | −0.171% | +0.0100% | 4h | $4.6M | $10.3M | 50x | as long as short |
| Bybit METUSDT | −0.171% | +0.0100% | 4h | $4.7M | $3.0M | 25x | as long as short |
| OKX MET-USDT-SWAP | −0.135% | +0.0100% | 4h | $1.1M | $3.0M | 20x | as long as short |
| Gate MET_USDTshort | −0.135% | +0.0100% | 4h | $188K | $245K | 50x | |
| Bitget METUSDT | −0.135% | +0.0100% | 4h | $638K | $923K | 25x | as long as short |
| MEXC MET_USDT | −0.062% | +0.0100% | 4h | $939K | $227K | 20x | as long as short |
| Hyperliquid MET | −0.025% | +0.0100% | 1h | $4.1M | $1.1M | 3x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METUSDTM | −0.025% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Backpack MET_USDC_PERPlong | 0.000% | +0.0100% | 1h | $318K | $259K | 5x | |
| Phoenix MET | +0.029% | −0.0673% | 1h | $14K | $15K | 5x | as long as short |
| Aster METUSDT | +0.049% | +0.0100% | 4h | $51K | $9K | 5x | as long as short |
| Lighter MET | +0.058% | +0.0144% | 1h | $281K | $260K | 5x | as long as short |
| BloFin MET-USDT | +0.084% | +0.0125% | 4h | $282K | $80K | 50x | as long as short |