After costs, if the gap returns to its 7d average, $10k−$175
spread now−0.070%7d average+0.377%fees + slippage, in and out−$130spread needed1.299%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni METAUSDT | 712.87 | 0.0100 | pay 0.0013% / 1h | 36m 16s | $111K | $46K | 50x |
| Short | Injective META/USDC PERP | 712.37 | 0.0220 | get 0.0028% / 1h | 36m 16s | $162K | $135K | 30x |
ApeX Omni METAUSDT
Injective META/USDC PERPPrice 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
- −$7.01
- Funding while held
- $3.6
- Slippage, 4 orders
- −$119.84
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$133.28
- Spread needed to break even
- 1.299%
Slippage from ApeX Omni: live order book, 11 min ago; Injective: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0120%
- Per $10,000 a day
- +$3.60
- 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, 11 min ago | 3.32 bp | 42.3 bp −$42 | 501.4 bp −$5,014 | doesn't fit | doesn't fit |
| Sell Injective live order book, 14 min ago | 19.07 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Gate709.98cheapestHTX710.14+0.023%tradeXYZ710.16+0.025%KuCoin710.21+0.032%Hotstuff710.24+0.037%Extended710.26+0.039%Aevo710.26+0.040%Paradex710.29+0.044%Deribit710.33+0.049%Arcus710.35+0.052%QFEX710.38+0.056%Orderly710.38+0.056%SoDEX710.40+0.059%Polymarket Perps710.43+0.063%Binance710.44+0.065%Popdex710.45+0.066%OKX710.46+0.068%Bybit710.47+0.069%Bitget710.50+0.073%Lighter RH710.59+0.086%Lighter710.61+0.089%SunX710.66+0.096%Vest710.72+0.104%Aster710.85+0.123%BloFin711.01+0.145%Aftermath Perps711.15+0.164%Nado711.16+0.166%Ondo Perps711.21+0.173%Phemex711.41+0.201%Coinbase International711.74+0.248%Variational Omni711.84+0.262%
Gate
HTX
tradeXYZ
KuCoin
Hotstuff
Extended
Aevo
Paradex
Deribit
Arcus
QFEX
Orderly
SoDEX
Polymarket Perps
Binance
Popdex
OKX
Bybit
Bitget
Lighter RH
Lighter
SunX
Vest
Aster
BloFin
Nado
Ondo Perps
Phemex
Coinbase International
Variational OmniInjective712.37+0.337%
edgeX712.71+0.385%ApeX Omni712.87+0.407%
Phoenix713.38+0.479%
PhoenixMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.405% | 0.0000% | 8h | $384K | $3.2M | 100x | as long as short |
| HTX META-USDT | −0.383% | 0.0000% | 8h | $101K | $264K | 30x | as long as short |
| tradeXYZ xyz:META | −0.380% | +0.0050% | 1h | $61.5M | $46.4M | 20x | as long as short |
| KuCoin METAUSDTM | −0.373% | +0.0100% | 8h | $1.5M | $138K | 20x | as long as short |
| Hotstuff META-PERP | −0.369% | +0.0088% | 1h | $32K | $105 | 20x | as long as short |
| Extended META_24_5-USD | −0.366% | 0.0000% | 1h | $515K | $1.3M | 17x | as long as short |
| Aevo META-PERP | −0.366% | +0.0104% | 1h | $256 | — | 10x | as long as short |
| Paradex META-USD-PERP | −0.362% | +0.0052% | 8h | — | — | 5x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.356% | 0.0000% | 1h | $29K | $253K | 10x | as long as short |
| Arcus META-USD | −0.354% | +0.0088% | 1h | $279K | $249K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX META-USD | −0.349% | +0.0028% | 1h | $1.8M | $5.9M | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.349% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| SoDEX META-USD | −0.346% | +0.0050% | 1h | $23K | $3K | 10x | as long as short |
| Polymarket Perps META-USD | −0.342% | +0.0050% | 1h | $646K | $466K | 10x | as long as short |
| Binance METAUSDT | −0.341% | 0.0000% | 8h | $25.6M | $92.5M | 20x | as long as short |
| Popdex METAUSDT | −0.339% | +0.0048% | 1h | $165K | $155K | 20x | as long as short |
| OKX META-USDT-SWAP | −0.338% | 0.0000% | 8h | $6.1M | $7.4M | 20x | as long as short |
| Bybit METAUSDT | −0.337% | 0.0000% | 8h | $6.8M | $7.3M | 100x | as long as short |
| Bitget METAUSDT | −0.332% | 0.0000% | 8h | $4.8M | $5.9M | 100x | as long as short |
| Lighter RH META | −0.320% | +0.0032% | 1h | $668K | $2.4M | 20x | as long as short |
| Lighter META | −0.317% | +0.0032% | 1h | $684K | $2.1M | 20x | as long as short |
| SunX META-USDT | −0.310% | 0.0000% | 8h | $881 | $8.1M | 20x | as long as short |
| Vest META-USD-PERP | −0.302% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Aster METAUSDT | −0.283% | 0.0000% | 8h | $438K | $86K | 20x | as long as short |
| BloFin META-USDT | −0.261% | −0.0120% | 8h | $338K | $466K | 20x | as long as short |
| Aftermath Perps METAUSD | −0.242% | +0.0250% | 1h | $43K | $48K | 10x | as long as short |
| Nado META-PERP | −0.241% | +0.0025% | 1h | $441K | $87K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.233% | +0.0050% | 1h | $845K | $2.6M | 10x | as long as short |
| Phemex METAUSDT | −0.205% | 0.0000% | 4h | $1.9M | $5K | 10x | as long as short |
| Coinbase International META-PERP-INTX | −0.159% | +0.0056% | 1h | $652K | $4.8M | 10x | as long as short |
| Variational Omni META | −0.144% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Injective META/USDC PERPshort | −0.070% | +0.0220% | 1h | $162K | $135K | 30x | |
| edgeX METAUSDC | −0.022% | +0.0949% | 4h | $60K | $323K | 10x | as long as short |
| ApeX Omni METAUSDTlong | 0.000% | +0.0100% | 1h | $111K | $46K | 50x | |
| Phoenix META | +0.072% | +0.0090% | 1h | $231K | $284K | 20x | as long as short |