After costs, if the gap returns to its 7d average, $10k−$109
spread now−0.168%7d average−0.136%fees + slippage, in and out−$106spread needed1.063%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MET | 0.2735 | 0.0408 | pay 0.0051% / 1h | 24m 31s | $276K | $353K | 5x |
| Short | Bitget METUSDT | 0.2730 | 0.0100 | get 0.0050% / 4h | 2h 24m | $647K | $935K | 25x |
Lighter MET
Bitget 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
- −$16.82
- Funding while held
- −$9.24
- Slippage, 4 orders
- −$94.28
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$132.34
- Spread needed to break even
- 1.063%
Slippage from Lighter: live order book, 6 min ago; Bitget: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0308%
- Per $10,000 a day
- −$9.24
- 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 Lighter live order book, 6 min ago | 8.02 bp | 42.7 bp −$43 | 222.4 bp −$2,224 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 8 min ago | 9.12 bp | 30.6 bp −$31 | 82.4 bp −$824 | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.2727cheapestHyperliquid0.2728+0.040%Binance0.2729+0.070%OKX0.2729+0.070%MEXC0.2729+0.070%
Bybit
Hyperliquid
Binance
OKX
MEXCBitget0.2730+0.106%
Gate0.2731+0.143%Aster0.2732+0.169%KuCoin0.2732+0.180%SunX0.2732+0.180%Backpack0.2733+0.205%ApeX Omni0.2733+0.216%GMX0.2733+0.223%
Gate
Aster
KuCoin
SunX
Backpack
ApeX Omni
GMXLighter0.2735+0.275%
BloFin0.2735+0.290%Phoenix0.2736+0.337%
BloFin
PhoenixMET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit METUSDT | −0.274% | −0.0116% | 4h | $4.7M | $3.0M | 25x | as long as short |
| Hyperliquid MET | −0.234% | +0.0100% | 1h | $4.1M | $1.2M | 3x | as long as short |
| Binance METUSDT | −0.205% | +0.0100% | 4h | $4.7M | $10.6M | 50x | as long as short |
| OKX MET-USDT-SWAP | −0.205% | +0.0100% | 4h | $1.2M | $3.2M | 20x | as long as short |
| MEXC MET_USDT | −0.205% | +0.0100% | 4h | $958K | $229K | 20x | as long as short |
| Bitget METUSDTshort | −0.168% | +0.0100% | 4h | $647K | $935K | 25x | |
| Gate MET_USDT | −0.132% | +0.0100% | 4h | $190K | $243K | 50x | as long as short |
| Aster METUSDT | −0.105% | +0.0100% | 4h | $51K | $9K | 5x | as long as short |
| KuCoin METUSDTM | −0.095% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| SunX MET-USDT | −0.095% | +0.0100% | 4h | $2K | $1.5M | 20x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack MET_USDC_PERP | −0.069% | −0.0311% | 1h | $320K | $253K | 5x | as long as short |
| ApeX Omni METUSDT | −0.059% | +0.0100% | 1h | $35K | $117K | 50x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | −0.052% | L +0.0085% / S +0.0119% | 1h | $25K | — | 50x | as long as short |
| Lighter METlong | 0.000% | +0.0408% | 1h | $276K | $353K | 5x | |
| BloFin MET-USDT | +0.015% | +0.0058% | 4h | $281K | $79K | 50x | as long as short |
| Phoenix MET | +0.062% | −0.0432% | 1h | $13K | $16K | 5x | as long as short |