After costs, if the gap returns to its 7d average, $10k−$89
spread now−0.088%7d average−0.036%fees + slippage, in and out−$84spread needed0.843%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MET | 0.2723 | 0.0100 | pay 0.0013% / 1h | 50m 23s | $4.1M | $1.0M | 3x |
| Short | OKX MET-USDT-SWAP | 0.2721 | 0.0100 | get 0.0050% / 4h | 1h 50m | $1.1M | $2.6M | 20x |
Hyperliquid MET
OKX MET-USDT-SWAPPrice 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
- −$8.81
- Funding while held
- $0
- Slippage, 4 orders
- −$65.26
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$93.07
- Spread needed to break even
- 0.843%
Slippage from Hyperliquid: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago | 1.66 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.86 bp | 27.8 bp −$28 | 121.2 bp −$1,212 | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.2694cheapestBloFin0.2705+0.408%Phoenix0.2706+0.460%Backpack0.2713+0.720%Gate0.2715+0.780%Bybit0.2717+0.839%KuCoin0.2718+0.891%Aster0.2719+0.917%MEXC0.2720+0.965%Bitget0.2720+0.965%Binance0.2721+1.002%
ApeX Omni
BloFin
Phoenix
Backpack
Gate
Bybit
KuCoin
Aster
MEXC
Bitget
BinanceOKX0.2721+1.002%
GMX0.2722+1.053%Lighter0.2722+1.054%SunX0.2723+1.076%
GMX
Lighter
SunXHyperliquid0.2723+1.091%
MET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METUSDT | −1.080% | +0.0100% | 1h | $36K | $99K | 50x | as long as short |
| BloFin MET-USDT | −0.676% | +0.0149% | 4h | $262K | $66K | 50x | as long as short |
| Phoenix MET | −0.624% | −0.0619% | 1h | $13K | $14K | 5x | as long as short |
| Backpack MET_USDC_PERP | −0.367% | +0.0527% | 1h | $318K | $241K | 5x | as long as short |
| Gate MET_USDT | −0.308% | +0.0100% | 4h | $187K | $226K | 50x | as long as short |
| Bybit METUSDT | −0.250% | +0.0100% | 4h | $4.6M | $2.6M | 25x | as long as short |
| KuCoin METUSDTM | −0.198% | +0.0100% | 4h | $1.3M | $2.4M | 50x | as long as short |
| Aster METUSDT | −0.173% | +0.0100% | 4h | $50K | $3K | 5x | as long as short |
| MEXC MET_USDT | −0.125% | +0.0100% | 4h | $948K | $203K | 20x | as long as short |
| Bitget METUSDT | −0.125% | +0.0100% | 4h | $654K | $758K | 25x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance METUSDT | −0.088% | +0.0100% | 4h | $4.4M | $8.7M | 50x | as long as short |
| OKX MET-USDT-SWAPshort | −0.088% | +0.0100% | 4h | $1.1M | $2.6M | 20x | |
| GMX MET/USD [WBTC.b-USDC] | −0.037% | L −0.1466% / S +0.0191% | 1h | $12K | — | 50x | as long as short |
| Lighter MET | −0.037% | +0.0416% | 1h | $271K | $237K | 5x | as long as short |
| SunX MET-USDT | −0.015% | +0.0100% | 4h | $2K | $1.3M | 20x | as long as short |
| Hyperliquid METlong | 0.000% | +0.0100% | 1h | $4.1M | $1.0M | 3x |