After costs, if the gap returns to its 7d average, $10k−$77
spread now+0.053%7d average+0.033%fees + slippage, in and out−$78spread needed0.785%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni METAUSDT | 737.78 | 0.0100 | pay 0.0013% / 1h | 28m 52s | $135K | $57K | 50x |
| Short | edgeX METAUSDC | 738.17 | 0.0396 | get 0.0198% / 4h | 2h 28m | $62K | $327K | 10x |
ApeX Omni METAUSDTPrice 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
- $5.26
- Funding while held
- $8.89
- Slippage, 4 orders
- −$59.5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$64.35
- Spread needed to break even
- 0.785%
Slippage from ApeX Omni: live order book, 8 min ago; edgeX: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0296%
- Per $10,000 a day
- +$8.89
- 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 ApeX Omni live order book, 8 min ago | 4.62 bp | 22.7 bp −$23 | 398.4 bp −$3,984 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 11 min ago | 5.51 bp | 10.1 bp −$10 | 11.7 bp −$117 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Phoenix737.29cheapestGate737.35+0.008%Bitget737.59+0.041%OKX737.60+0.042%Coinbase International737.68+0.053%Variational Omni737.70+0.055%Nado737.71+0.057%Extended737.74+0.061%KuCoin737.75+0.062%Ondo Perps737.76+0.064%
Phoenix
Gate
Bitget
OKX
Coinbase International
Variational Omni
Nado
Extended
KuCoin
Ondo PerpsApeX Omni737.78+0.066%
Aftermath Perps737.78+0.067%Bybit737.82+0.072%Hotstuff737.83+0.073%HTX737.84+0.075%Deribit737.85+0.076%tradeXYZ737.91+0.084%Aster737.91+0.084%SoDEX737.91+0.084%Binance737.92+0.085%Paradex737.96+0.090%QFEX738.02+0.099%Aevo738.02+0.100%Lighter RH738.03+0.100%Popdex738.03+0.100%Phemex738.04+0.102%Polymarket Perps738.06+0.104%Orderly738.14+0.115%SunX738.18+0.121%Lighter738.19+0.122%Arcus738.21+0.125%BloFin738.29+0.136%Vest738.40+0.151%Injective740.12+0.384%
Bybit
Hotstuff
HTX
Deribit
tradeXYZ
Aster
SoDEX
Binance
Paradex
QFEX
Aevo
Lighter RH
Popdex
Phemex
Polymarket Perps
Orderly
SunX
Lighter
Arcus
BloFin
Vest
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix META | −0.066% | +0.0055% | 1h | $252K | $513K | 20x | as long as short |
| Gate META_USDT | −0.058% | 0.0000% | 8h | $354K | $4.1M | 100x | as long as short |
| Bitget METAUSDT | −0.026% | 0.0000% | 8h | $5.7M | $8.2M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.024% | 0.0000% | 8h | $5.9M | $10.2M | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.014% | +0.0048% | 1h | $648K | $6.1M | 10x | as long as short |
| Variational Omni META | −0.011% | 0.0000% | 8h | $1.5M | $2.1M | — | as long as short |
| Nado META-PERP | −0.010% | +0.0015% | 1h | $390K | $173K | 20x | as long as short |
| Extended META_24_5-USD | −0.005% | 0.0000% | 1h | $549K | $1.4M | 17x | as long as short |
| KuCoin METAUSDTM | −0.004% | +0.0100% | 8h | $1.5M | $207K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.003% | +0.0050% | 1h | $755K | $3.1M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDTlong | 0.000% | +0.0100% | 1h | $135K | $57K | 50x | |
| Aftermath Perps METAUSD | +0.001% | +0.0277% | 1h | $44K | $45K | 10x | as long as short |
| Bybit METAUSDT | +0.005% | 0.0000% | 8h | $7.6M | $9.7M | 100x | as long as short |
| Hotstuff META-PERP | +0.007% | −0.0080% | 1h | $33K | $105 | 20x | as long as short |
| HTX META-USDT | +0.008% | 0.0000% | 8h | $105K | $274K | 30x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.009% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| tradeXYZ xyz:META | +0.018% | +0.0050% | 1h | $67.2M | $56.8M | 20x | as long as short |
| Aster METAUSDT | +0.018% | 0.0000% | 8h | $454K | $168K | 20x | as long as short |
| SoDEX META-USD | +0.018% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Binance METAUSDT | +0.019% | 0.0000% | 8h | $25.8M | $127.5M | 20x | as long as short |
| Paradex META-USD-PERP | +0.024% | +0.0051% | 8h | — | — | 5x | as long as short |
| QFEX META-USD | +0.033% | +0.0020% | 1h | $1.8M | $9.4M | 10x | as long as short |
| Aevo META-PERP | +0.033% | +0.0104% | 1h | $266 | — | 10x | as long as short |
| Lighter RH META | +0.034% | +0.0032% | 1h | $705K | $2.7M | 20x | as long as short |
| Popdex METAUSDT | +0.034% | +0.0048% | 1h | $174K | $174K | 20x | as long as short |
| Phemex METAUSDT | +0.035% | 0.0000% | 4h | $2.0M | $5K | 10x | as long as short |
| Polymarket Perps META-USD | +0.038% | +0.0050% | 1h | $668K | $483K | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.049% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| edgeX METAUSDCshort | +0.053% | +0.0396% | 4h | $62K | $327K | 10x | |
| SunX META-USDT | +0.054% | 0.0000% | 8h | $1K | $9.3M | 20x | as long as short |
| Lighter META | +0.056% | +0.0056% | 1h | $851K | $2.4M | 20x | as long as short |
| Arcus META-USD | +0.058% | +0.0325% | 1h | $269K | $298K | 10x | as long as short |
| BloFin META-USDT | +0.069% | −0.0120% | 8h | $329K | $858K | 20x | as long as short |
| Vest META-USD-PERP | +0.084% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Injective META/USDC PERP | +0.317% | +0.0220% | 1h | $168K | $101K | 30x | as long as short |