After costs, if the gap returns to its 7d average, $10k−$57
spread now+0.344%7d average+0.181%fees + slippage, in and out−$73spread needed0.732%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MET_USDT | 0.2706 | 0.0100 | pay 0.0050% / 4h | 2h 02m | $879K | $239K | 20x |
| Short | Lighter MET | 0.2715 | 0.0192 | get 0.0024% / 1h | 2m 38s | $261K | $368K | 5x |
MEXC MET_USDT
Lighter METPrice 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
- $34.37
- Funding while held
- $2.76
- Slippage, 4 orders
- −$69.19
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$36.06
- Spread needed to break even
- 0.732%
Slippage from MEXC: live order book, 30 min ago; Lighter: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0092%
- Per $10,000 a day
- +$2.76
- 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 MEXC live order book, 30 min ago | 3.65 bp | 11.7 bp −$12 | 38.0 bp −$380 | 234.1 bp −$23.4K | 823.1 bp −$411.5K |
| Sell Lighter live order book, 28 min ago | 8.02 bp | 9.0 bp −$9 | 181.3 bp −$1,813 | doesn't fit | doesn't fit |
MET price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.2700cheapestSunX0.2704+0.148%GMX0.2704+0.154%Phoenix0.2705+0.178%Aster0.2705+0.178%Backpack0.2705+0.193%Binance0.2706+0.210%Gate0.2706+0.222%
BloFin
SunX
GMX
Phoenix
Aster
Backpack
Binance
GateMEXC0.2706+0.222%
Hyperliquid0.2707+0.256%ApeX Omni0.2707+0.259%Bybit0.2708+0.296%Bitget0.2708+0.296%KuCoin0.2709+0.333%OKX0.2710+0.370%
Hyperliquid
ApeX Omni
Bybit
Bitget
KuCoin
OKXLighter0.2715+0.567%
MET on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin MET-USDT | −0.222% | +0.0133% | 4h | $277K | $85K | 50x | as long as short |
| SunX MET-USDT | −0.074% | +0.0100% | 4h | $1K | $1.6M | 20x | as long as short |
| GMX MET/USD [WBTC.b-USDC] | −0.068% | L +0.0091% / S +0.0103% | 1h | $25K | — | 50x | as long as short |
| Phoenix MET | −0.044% | −0.0432% | 1h | $13K | $16K | 5x | as long as short |
| Aster METUSDT | −0.044% | +0.0100% | 4h | $50K | $9K | 5x | as long as short |
| Backpack MET_USDC_PERP | −0.030% | −0.0357% | 1h | $314K | $252K | 5x | as long as short |
| Binance METUSDT | −0.012% | +0.0100% | 4h | $4.6M | $10.6M | 50x | as long as short |
| Gate MET_USDT | 0.000% | +0.0100% | 4h | $188K | $245K | 50x | as long as short |
| MEXC MET_USDTlong | 0.000% | +0.0100% | 4h | $879K | $239K | 20x | |
| Hyperliquid MET | +0.033% | +0.0100% | 1h | $4.1M | $1.2M | 3x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METUSDT | +0.037% | +0.0100% | 1h | $34K | $117K | 50x | as long as short |
| Bybit METUSDT | +0.074% | −0.0159% | 4h | $4.6M | $3.0M | 25x | as long as short |
| Bitget METUSDT | +0.074% | +0.0100% | 4h | $642K | $911K | 25x | as long as short |
| KuCoin METUSDTM | +0.111% | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| OKX MET-USDT-SWAP | +0.148% | +0.0100% | 4h | $1.2M | $3.2M | 20x | as long as short |
| Lighter METshort | +0.344% | +0.0192% | 1h | $261K | $368K | 5x |