After costs, if the gap returns to its 7d average, $10k−$131
spread now−0.113%7d average−0.049%fees + slippage, in and out−$124spread needed1.243%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MET | 0.2739 | 0.0100 | pay 0.0013% / 1h | 41m 48s | $4.2M | $1.2M | 3x |
| Short | Gate MET_USDT | 0.2736 | 0.0100 | get 0.0050% / 4h | 2h 41m | $190K | $243K | 50x |
Hyperliquid MET
Gate 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
- −$11.32
- Funding while held
- $0
- Slippage, 4 orders
- −$100.27
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$135.59
- Spread needed to break even
- 1.243%
Slippage from Hyperliquid: live order book, 1 min ago; Gate: live order book, 56 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, 1 min ago | 2.19 bp | 17.3 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 56 min ago | 5.43 bp | 50.1 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.Gate0.2736cheapest
Bybit0.2737+0.037%MEXC0.2737+0.037%Binance0.2738+0.073%OKX0.2739+0.110%KuCoin0.2739+0.110%Bitget0.2739+0.110%
Bybit
MEXC
Binance
OKX
KuCoin
BitgetHyperliquid0.2739+0.113%
Aster0.2739+0.120%Backpack0.2740+0.135%SunX0.2741+0.183%GMX0.2742+0.226%BloFin0.2749+0.475%ApeX Omni0.2750+0.512%Lighter0.2751+0.534%Phoenix0.2752+0.567%
Aster
Backpack
SunX
GMX
BloFin
ApeX Omni
Lighter
PhoenixMET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate MET_USDTshort | −0.113% | +0.0100% | 4h | $190K | $243K | 50x | |
| Bybit METUSDT | −0.077% | −0.0233% | 4h | $4.7M | $3.0M | 25x | as long as short |
| MEXC MET_USDT | −0.077% | +0.0100% | 4h | $967K | $228K | 20x | as long as short |
| Binance METUSDT | −0.040% | +0.0100% | 4h | $4.7M | $10.6M | 50x | as long as short |
| OKX MET-USDT-SWAP | −0.004% | +0.0100% | 4h | $1.2M | $3.2M | 20x | as long as short |
| KuCoin METUSDTM | −0.004% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| Bitget METUSDT | −0.004% | +0.0100% | 4h | $650K | $934K | 25x | as long as short |
| Hyperliquid METlong | 0.000% | +0.0100% | 1h | $4.2M | $1.2M | 3x | |
| Aster METUSDT | +0.006% | +0.0100% | 4h | $51K | $9K | 5x | as long as short |
| Backpack MET_USDC_PERP | +0.022% | −0.0420% | 1h | $321K | $253K | 5x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX MET-USDT | +0.069% | +0.0100% | 4h | $2K | $1.5M | 20x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | +0.112% | L +0.0083% / S +0.0127% | 1h | $25K | — | 50x | as long as short |
| BloFin MET-USDT | +0.361% | +0.0069% | 4h | $280K | $81K | 50x | as long as short |
| ApeX Omni METUSDT | +0.398% | +0.0100% | 1h | $35K | $117K | 50x | as long as short |
| Lighter MET | +0.420% | +0.0536% | 1h | $327K | $303K | 5x | as long as short |
| Phoenix MET | +0.453% | −0.0432% | 1h | $14K | $16K | 5x | as long as short |