After costs, if the gap returns to its 7d average, $10k−$51
spread now−0.069%7d average−0.070%fees + slippage, in and out−$51spread needed0.514%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack MET_USDC_PERP | 0.2756 | 0.0100 | pay 0.0013% / 1h | 22m 34s | $320K | $264K | 5x |
| Short | MEXC MET_USDT | 0.2754 | 0.0100 | get 0.0050% / 4h | 3h 22m | $976K | $231K | 20x |
Backpack MET_USDC_PERP
MEXC 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
- −$6.89
- Funding while held
- $0
- Slippage, 4 orders
- −$37.38
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$58.28
- Spread needed to break even
- 0.514%
Slippage from Backpack: live order book, 22 min ago; MEXC: live order book, 15 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, 22 min ago | 2.70 bp | 14.2 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 15 min ago | 3.62 bp | 9.1 bp −$9 | 28.6 bp −$286 | 212.8 bp −$21.3K | 803.5 bp −$401.8K |
MET price on every exchange
against the cheapest. Click to use as the short leg.Binance0.2751cheapestApeX Omni0.2752+0.036%BloFin0.2752+0.036%OKX0.2753+0.073%
Binance
ApeX Omni
BloFin
OKXMEXC0.2754+0.109%
Phoenix0.2755+0.131%Bybit0.2755+0.142%Gate0.2755+0.145%
Phoenix
Bybit
GateBackpack0.2756+0.178%
Bitget0.2756+0.182%GMX0.2757+0.205%KuCoin0.2757+0.218%Aster0.2759+0.273%SunX0.2759+0.291%Hyperliquid0.2759+0.305%Lighter0.2762+0.393%
Bitget
GMX
KuCoin
Aster
SunX
Hyperliquid
LighterMET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance METUSDT | −0.178% | +0.0100% | 4h | $4.7M | $10.5M | 50x | as long as short |
| ApeX Omni METUSDT | −0.142% | +0.0100% | 1h | $35K | $118K | 50x | as long as short |
| BloFin MET-USDT | −0.142% | +0.0159% | 4h | $278K | $75K | 50x | as long as short |
| OKX MET-USDT-SWAP | −0.105% | +0.0100% | 4h | $1.1M | $3.1M | 20x | as long as short |
| MEXC MET_USDTshort | −0.069% | +0.0100% | 4h | $976K | $231K | 20x | |
| Phoenix MET | −0.047% | −0.0202% | 1h | $14K | $16K | 5x | as long as short |
| Bybit METUSDT | −0.036% | +0.0041% | 4h | $4.7M | $3.0M | 25x | as long as short |
| Gate MET_USDT | −0.033% | +0.0100% | 4h | $189K | $244K | 50x | as long as short |
| Backpack MET_USDC_PERPlong | 0.000% | +0.0100% | 1h | $320K | $264K | 5x | |
| Bitget METUSDT | +0.004% | +0.0100% | 4h | $652K | $937K | 25x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX MET/USD [WBTC.b-USDC] | +0.026% | L −0.1306% / S +0.0204% | 1h | $9K | — | 50x | as long as short |
| KuCoin METUSDTM | +0.040% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Aster METUSDT | +0.095% | +0.0100% | 4h | $51K | $9K | 5x | as long as short |
| SunX MET-USDT | +0.112% | +0.0100% | 4h | $1K | $1.6M | 20x | as long as short |
| Hyperliquid MET | +0.127% | +0.0100% | 1h | $4.2M | $1.2M | 3x | as long as short |
| Lighter MET | +0.214% | +0.0768% | 1h | $329K | $304K | 5x | as long as short |