After costs, if the gap returns to its 7d average, $10k−$137
spread now+0.302%7d average+0.170%fees + slippage, in and out−$151spread needed1.507%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MET_USDT | 0.2746 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $190K | $213K | 50x |
| Short | Lighter MET | 0.2754 | 0.0096 | get 0.0012% / 1h | 31m 40s | $254K | $328K | 5x |
Gate MET_USDT
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
- $30.23
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$135.66
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$120.55
- Spread needed to break even
- 1.507%
Slippage from Gate: live order book, 62 min ago; Lighter: live order book, 59 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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, 62 min ago | 3.65 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 59 min ago | 8.02 bp | 9.0 bp −$9 | 181.3 bp −$1,813 | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.2739cheapestPhoenix0.2740+0.033%SunX0.2744+0.183%GMX0.2744+0.197%BloFin0.2745+0.219%
ApeX Omni
Phoenix
SunX
GMX
BloFinGate0.2746+0.256%
Backpack0.2747+0.274%Binance0.2750+0.397%Bybit0.2750+0.402%MEXC0.2750+0.402%KuCoin0.2750+0.402%Aster0.2750+0.409%OKX0.2751+0.438%Bitget0.2751+0.438%Hyperliquid0.2753+0.529%
Backpack
Binance
Bybit
MEXC
KuCoin
Aster
OKX
Bitget
HyperliquidLighter0.2754+0.559%
MET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METUSDT | −0.255% | +0.0100% | 1h | $35K | $118K | 50x | as long as short |
| Phoenix MET | −0.222% | −0.0206% | 1h | $13K | $17K | 5x | as long as short |
| SunX MET-USDT | −0.073% | +0.0100% | 4h | $2K | $1.6M | 20x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | −0.059% | L +0.0103% / S +0.0084% | 1h | $25K | — | 50x | as long as short |
| BloFin MET-USDT | −0.036% | +0.0157% | 4h | $281K | $86K | 50x | as long as short |
| Gate MET_USDTlong | 0.000% | +0.0100% | 4h | $190K | $213K | 50x | |
| Backpack MET_USDC_PERP | +0.018% | +0.0100% | 1h | $322K | $242K | 5x | as long as short |
| Binance METUSDT | +0.141% | +0.0100% | 4h | $4.7M | $10.7M | 50x | as long as short |
| Bybit METUSDT | +0.146% | −0.0010% | 4h | $4.7M | $2.8M | 25x | as long as short |
| MEXC MET_USDT | +0.146% | +0.0100% | 4h | $892K | $237K | 20x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METUSDTM | +0.146% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Aster METUSDT | +0.153% | +0.0100% | 4h | $51K | $9K | 5x | as long as short |
| OKX MET-USDT-SWAP | +0.182% | +0.0100% | 4h | $1.2M | $3.3M | 20x | as long as short |
| Bitget METUSDT | +0.182% | +0.0100% | 4h | $650K | $861K | 25x | as long as short |
| Hyperliquid MET | +0.273% | +0.0100% | 1h | $4.2M | $1.2M | 3x | as long as short |
| Lighter METshort | +0.302% | +0.0096% | 1h | $254K | $328K | 5x |