After costs, if the gap returns to its 7d average, $10k−$334
spread now−0.284%7d average−0.003%fees + slippage, in and out−$306spread needed3.056%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METUSDTM | 0.2818 | 0.0100 | pay 0.0050% / 4h | 48m 51s | $1.4M | $2.5M | 50x |
| Short | OKX MET-USDT-SWAP | 0.2810 | 0.0100 | get 0.0050% / 4h | 48m 51s | $1.1M | $3.0M | 20x |
KuCoin METUSDTM
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
- −$28.39
- Funding while held
- $0
- Slippage, 4 orders
- −$283.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$333.95
- Spread needed to break even
- 3.056%
Slippage from KuCoin: live order book, 4 min ago; OKX: 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 KuCoin live order book, 4 min ago | 1.82 bp | 128.9 bp −$129 | 371.8 bp −$3,718 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.82 bp | 27.0 bp −$27 | 92.0 bp −$920 | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.Phoenix0.2754cheapestApeX Omni0.2757+0.091%Hyperliquid0.2810+2.015%
Phoenix
ApeX Omni
HyperliquidOKX0.2810+2.015%
Lighter0.2810+2.029%Bitget0.2811+2.051%Bybit0.2813+2.127%Binance0.2813+2.142%MEXC0.2815+2.196%Gate0.2818+2.305%
Lighter
Bitget
Bybit
Binance
MEXC
GateKuCoin0.2818+2.305%
Aster0.2819+2.342%BloFin0.2819+2.342%SunX0.2822+2.451%Backpack0.2823+2.490%GMX0.2824+2.525%
Aster
BloFin
SunX
Backpack
GMXMET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix MET | −2.253% | −0.0673% | 1h | $14K | $15K | 5x | as long as short |
| ApeX Omni METUSDT | −2.165% | +0.0100% | 1h | $37K | $107K | 50x | as long as short |
| Hyperliquid MET | −0.284% | +0.0100% | 1h | $4.2M | $1.1M | 3x | as long as short |
| OKX MET-USDT-SWAPshort | −0.284% | +0.0100% | 4h | $1.1M | $3.0M | 20x | |
| Lighter MET | −0.270% | +0.0200% | 1h | $287K | $260K | 5x | as long as short |
| Bitget METUSDT | −0.248% | +0.0100% | 4h | $670K | $881K | 25x | as long as short |
| Bybit METUSDT | −0.174% | +0.0100% | 4h | $4.8M | $2.8M | 25x | as long as short |
| Binance METUSDT | −0.160% | +0.0100% | 4h | $4.6M | $9.6M | 50x | as long as short |
| MEXC MET_USDT | −0.106% | +0.0100% | 4h | $960K | $223K | 20x | as long as short |
| Gate MET_USDT | 0.000% | +0.0100% | 4h | $192K | $238K | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METUSDTMlong | 0.000% | +0.0100% | 4h | $1.4M | $2.5M | 50x | |
| Aster METUSDT | +0.035% | +0.0100% | 4h | $52K | $9K | 5x | as long as short |
| BloFin MET-USDT | +0.035% | +0.0045% | 4h | $275K | $80K | 50x | as long as short |
| SunX MET-USDT | +0.142% | +0.0100% | 4h | $2K | $1.4M | 20x | as long as short |
| Backpack MET_USDC_PERP | +0.181% | +0.0185% | 1h | $328K | $251K | 5x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | +0.215% | L −0.1598% / S +0.0227% | 1h | $9K | — | 50x | as long as short |