After costs, if the gap returns to its 7d average, $10k−$121
spread now−0.051%7d average−0.006%fees + slippage, in and out−$116spread needed1.161%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MET | 0.2758 | 0.0100 | pay 0.0013% / 1h | 9m 07s | $4.1M | $1.0M | 3x |
| Short | Bybit METUSDT | 0.2757 | 0.0100 | get 0.0050% / 4h | 1h 09m | $4.7M | $2.7M | 25x |
Hyperliquid MET
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
- −$5.08
- Funding while held
- $0
- Slippage, 4 orders
- −$96.15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$121.22
- Spread needed to break even
- 1.161%
Slippage from Hyperliquid: live order book, 4 min ago; Bybit: live order book, 5 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 Hyperliquid live order book, 4 min ago | 0.91 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.82 bp | 33.4 bp −$33 | 164.8 bp −$1,648 | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.2747cheapestPhoenix0.2747+0.015%BloFin0.2750+0.109%OKX0.2756+0.328%Binance0.2757+0.364%
ApeX Omni
Phoenix
BloFin
OKX
BinanceBybit0.2757+0.364%
Gate0.2757+0.364%MEXC0.2757+0.364%KuCoin0.2757+0.364%Bitget0.2757+0.364%Backpack0.2758+0.386%
Gate
MEXC
KuCoin
Bitget
BackpackHyperliquid0.2758+0.415%
GMX0.2758+0.415%SunX0.2760+0.473%Aster0.2760+0.482%Lighter0.2772+0.892%
GMX
SunX
Aster
LighterMET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METUSDT | −0.413% | +0.0100% | 1h | $37K | $107K | 50x | as long as short |
| Phoenix MET | −0.399% | −0.0619% | 1h | $14K | $14K | 5x | as long as short |
| BloFin MET-USDT | −0.305% | +0.0064% | 4h | $269K | $76K | 50x | as long as short |
| OKX MET-USDT-SWAP | −0.087% | +0.0100% | 4h | $1.1M | $2.8M | 20x | as long as short |
| Binance METUSDT | −0.051% | +0.0100% | 4h | $4.5M | $9.0M | 50x | as long as short |
| Bybit METUSDTshort | −0.051% | +0.0100% | 4h | $4.7M | $2.7M | 25x | |
| Gate MET_USDT | −0.051% | +0.0100% | 4h | $188K | $234K | 50x | as long as short |
| MEXC MET_USDT | −0.051% | +0.0100% | 4h | $983K | $218K | 20x | as long as short |
| KuCoin METUSDTM | −0.051% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Bitget METUSDT | −0.051% | +0.0100% | 4h | $652K | $831K | 25x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack MET_USDC_PERP | −0.029% | +0.0327% | 1h | $319K | $250K | 5x | as long as short |
| Hyperliquid METlong | 0.000% | +0.0100% | 1h | $4.1M | $1.0M | 3x | |
| GMX MET/USD [WBTC.b-USDC] | 0.000% | L −0.2126% / S +0.0241% | 1h | $13K | — | 50x | as long as short |
| SunX MET-USDT | +0.058% | +0.0100% | 4h | $2K | $1.3M | 20x | as long as short |
| Aster METUSDT | +0.067% | +0.0100% | 4h | $51K | $4K | 5x | as long as short |
| Lighter MET | +0.475% | +0.0512% | 1h | $282K | $247K | 5x | as long as short |