After costs, if the gap returns to its 7d average, $10k−$175
spread now−0.018%7d average+0.034%fees + slippage, in and out−$170spread needed1.699%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MET_USDT | 0.2767 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $190K | $244K | 50x |
| Short | Bybit METUSDT | 0.2767 | 0.0100 | get 0.0050% / 4h | 3h 30m | $4.8M | $3.1M | 25x |
Gate MET_USDT
Bybit METUSDTPrice 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
- −$1.81
- Funding while held
- $0
- Slippage, 4 orders
- −$143.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$171.75
- Spread needed to break even
- 1.699%
Slippage from Gate: live order book, 8 min ago; Bybit: live order book, 4 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 Gate live order book, 8 min ago | 5.43 bp | 40.6 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.63 bp | 35.7 bp −$36 | 176.0 bp −$1,760 | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.2754cheapestOKX0.2763+0.327%Phoenix0.2765+0.389%MEXC0.2765+0.399%Binance0.2766+0.428%
ApeX Omni
OKX
Phoenix
MEXC
BinanceBybit0.2767+0.454%
Gate0.2767+0.472%
KuCoin0.2767+0.472%Bitget0.2768+0.508%Hyperliquid0.2768+0.525%SunX0.2769+0.545%Aster0.2769+0.560%Backpack0.2770+0.570%GMX0.2770+0.585%BloFin0.2771+0.617%Lighter0.2772+0.668%
KuCoin
Bitget
Hyperliquid
SunX
Aster
Backpack
GMX
BloFin
LighterMET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METUSDT | −0.470% | +0.0100% | 1h | $35K | $118K | 50x | as long as short |
| OKX MET-USDT-SWAP | −0.145% | +0.0100% | 4h | $1.1M | $3.2M | 20x | as long as short |
| Phoenix MET | −0.083% | −0.0202% | 1h | $14K | $16K | 5x | as long as short |
| MEXC MET_USDT | −0.072% | +0.0100% | 4h | $980K | $231K | 20x | as long as short |
| Binance METUSDT | −0.044% | +0.0100% | 4h | $4.7M | $10.5M | 50x | as long as short |
| Bybit METUSDTshort | −0.018% | +0.0100% | 4h | $4.8M | $3.1M | 25x | |
| Gate MET_USDTlong | 0.000% | +0.0100% | 4h | $190K | $244K | 50x | |
| KuCoin METUSDTM | 0.000% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Bitget METUSDT | +0.036% | +0.0100% | 4h | $654K | $937K | 25x | as long as short |
| Hyperliquid MET | +0.052% | +0.0100% | 1h | $4.2M | $1.2M | 3x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX MET-USDT | +0.072% | +0.0100% | 4h | $2K | $1.6M | 20x | as long as short |
| Aster METUSDT | +0.087% | +0.0100% | 4h | $51K | $9K | 5x | as long as short |
| Backpack MET_USDC_PERP | +0.098% | +0.0100% | 1h | $322K | $264K | 5x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | +0.112% | L −0.1306% / S +0.0204% | 1h | $9K | — | 50x | as long as short |
| BloFin MET-USDT | +0.145% | +0.0060% | 4h | $281K | $75K | 50x | as long as short |
| Lighter MET | +0.195% | +0.0768% | 1h | $330K | $304K | 5x | as long as short |