After costs, if the gap returns to its 7d average, $10k−$177
spread now+0.210%7d average+0.139%fees + slippage, in and out−$184spread needed1.843%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget METUSDT | 0.2762 | 0.0100 | pay 0.0050% / 4h | 7m 22s | $642K | $927K | 25x |
| Short | Lighter MET | 0.2768 | 0.0192 | get 0.0024% / 1h | 7m 22s | $283K | $264K | 5x |
Bitget METUSDT
Lighter METPrice 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
- $21
- Funding while held
- $2.76
- Slippage, 4 orders
- −$172.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$160.54
- Spread needed to break even
- 1.843%
Slippage from Bitget: live order book, 40 min ago; Lighter: live order book, 34 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0092%
- Per $10,000 a day
- +$2.76
- 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 Bitget live order book, 40 min ago | 10.64 bp | 27.8 bp −$28 | 217.5 bp −$2,175 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 34 min ago | 5.37 bp | 15.1 bp −$15 | 172.0 bp −$1,720 | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.OKX0.2758cheapestSunX0.2759+0.036%Bybit0.2760+0.065%MEXC0.2760+0.073%GMX0.2761+0.091%Binance0.2761+0.109%Gate0.2761+0.109%Aster0.2761+0.123%KuCoin0.2762+0.145%
OKX
SunX
Bybit
MEXC
GMX
Binance
Gate
Aster
KuCoinBitget0.2762+0.145%
Hyperliquid0.2763+0.189%ApeX Omni0.2764+0.218%BloFin0.2764+0.218%Phoenix0.2764+0.236%Backpack0.2767+0.319%
Hyperliquid
ApeX Omni
BloFin
Phoenix
BackpackLighter0.2768+0.355%
MET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MET-USDT-SWAP | −0.145% | +0.0100% | 4h | $1.1M | $3.0M | 20x | as long as short |
| SunX MET-USDT | −0.109% | +0.0100% | 4h | $2K | $1.5M | 20x | as long as short |
| Bybit METUSDT | −0.080% | +0.0100% | 4h | $4.7M | $3.0M | 25x | as long as short |
| MEXC MET_USDT | −0.072% | +0.0100% | 4h | $940K | $228K | 20x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | −0.054% | L −0.1598% / S +0.0234% | 1h | $9K | — | 50x | as long as short |
| Binance METUSDT | −0.036% | +0.0100% | 4h | $4.7M | $10.3M | 50x | as long as short |
| Gate MET_USDT | −0.036% | +0.0100% | 4h | $189K | $245K | 50x | as long as short |
| Aster METUSDT | −0.022% | +0.0100% | 4h | $51K | $9K | 5x | as long as short |
| KuCoin METUSDTM | 0.000% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Bitget METUSDTlong | 0.000% | +0.0100% | 4h | $642K | $927K | 25x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid MET | +0.043% | +0.0100% | 1h | $4.1M | $1.1M | 3x | as long as short |
| ApeX Omni METUSDT | +0.072% | +0.0100% | 1h | $35K | $119K | 50x | as long as short |
| BloFin MET-USDT | +0.072% | +0.0154% | 4h | $280K | $81K | 50x | as long as short |
| Phoenix MET | +0.091% | −0.0673% | 1h | $14K | $15K | 5x | as long as short |
| Backpack MET_USDC_PERP | +0.174% | +0.0100% | 1h | $320K | $262K | 5x | as long as short |
| Lighter METshort | +0.210% | +0.0192% | 1h | $283K | $264K | 5x |