After costs, if the gap returns to its 7d average, $10k−$59
spread now+0.167%7d average+0.043%fees + slippage, in and out−$71spread needed0.710%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni METAUSDT | 736.48 | 0.0100 | pay 0.0013% / 1h | 30m 52s | $135K | $56K | 50x |
| Short | QFEX META-USD | 737.71 | 0.0020 | get 0.0002% / 1h | 30m 52s | $1.8M | $9.4M | 10x |
Price 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
- $16.7
- Funding while held
- −$2.41
- Slippage, 4 orders
- −$50.99
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$56.7
- Spread needed to break even
- 0.710%
Slippage from ApeX Omni: live order book, 6 min ago; QFEX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0080%
- Per $10,000 a day
- −$2.41
- 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, 6 min ago | 4.62 bp | 22.7 bp −$23 | 398.4 bp −$3,984 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.36 bp | 6.4 bp −$6 | 8.3 bp −$83 | 16.0 bp −$1,604 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.META on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDTlong | 0.000% | +0.0100% | 1h | $135K | $56K | 50x | |
| Variational Omni META | +0.068% | 0.0000% | 8h | $1.5M | $2.1M | — | as long as short |
| Ondo Perps META-USD.P | +0.080% | +0.0050% | 1h | $755K | $3.1M | 10x | as long as short |
| Phoenix META | +0.110% | +0.0055% | 1h | $252K | $513K | 20x | as long as short |
| Nado META-PERP | +0.121% | +0.0014% | 1h | $391K | $172K | 20x | as long as short |
| Aftermath Perps METAUSD | +0.128% | +0.0272% | 1h | $44K | $45K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.130% | +0.0048% | 1h | $638K | $6.1M | 10x | as long as short |
| Hotstuff META-PERP | +0.145% | +0.0024% | 1h | $33K | $105 | 20x | as long as short |
| Paradex META-USD-PERP | +0.150% | +0.0051% | 8h | — | — | 5x | as long as short |
| Gate META_USDT | +0.153% | 0.0000% | 8h | $354K | $4.1M | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps META-USD | +0.155% | +0.0050% | 1h | $668K | $483K | 10x | as long as short |
| Popdex METAUSDT | +0.162% | +0.0048% | 1h | $173K | $174K | 20x | as long as short |
| QFEX META-USDshort | +0.167% | +0.0020% | 1h | $1.8M | $9.4M | 10x | |
| BloFin META-USDT | +0.172% | −0.0120% | 8h | $329K | $856K | 20x | as long as short |
| Arcus META-USD | +0.183% | +0.0325% | 1h | $269K | $298K | 10x | as long as short |
| Aster METAUSDT | +0.194% | 0.0000% | 8h | $454K | $168K | 20x | as long as short |
| HTX META-USDT | +0.194% | 0.0000% | 8h | $105K | $272K | 30x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.196% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Vest META-USD-PERP | +0.200% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| KuCoin METAUSDTM | +0.202% | +0.0100% | 8h | $1.5M | $206K | 20x | as long as short |
| tradeXYZ xyz:META | +0.205% | +0.0050% | 1h | $67.1M | $56.6M | 20x | as long as short |
| Phemex METAUSDT | +0.212% | −0.0006% | 4h | $2.0M | $5K | 10x | as long as short |
| Aevo META-PERP | +0.214% | +0.0104% | 1h | $266 | — | 10x | as long as short |
| Binance METAUSDT | +0.219% | 0.0000% | 8h | $25.8M | $127.1M | 20x | as long as short |
| SoDEX META-USD | +0.219% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Bybit METAUSDT | +0.221% | 0.0000% | 8h | $7.6M | $9.7M | 100x | as long as short |
| Lighter RH META | +0.223% | +0.0032% | 1h | $705K | $2.7M | 20x | as long as short |
| Extended META_24_5-USD | +0.224% | 0.0000% | 1h | $549K | $1.4M | 17x | as long as short |
| OKX META-USDT-SWAP | +0.225% | 0.0000% | 8h | $5.9M | $10.2M | 20x | as long as short |
| Bitget METAUSDT | +0.227% | 0.0000% | 8h | $5.6M | $8.2M | 100x | as long as short |
| edgeX METAUSDC | +0.229% | +0.0396% | 4h | $62K | $327K | 10x | as long as short |
| SunX META-USDT | +0.232% | 0.0000% | 8h | $692 | $9.3M | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.238% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Lighter META | +0.247% | +0.0056% | 1h | $851K | $2.4M | 20x | as long as short |
| Injective META/USDC PERP | +0.379% | +0.0220% | 1h | $168K | $101K | 30x | as long as short |
ApeX Omni METAUSDT
Variational Omni
Phoenix
Coinbase International
Paradex
Gate
Polymarket Perps
Popdex
BloFin
Aster
HTX
Deribit
KuCoin
tradeXYZ
Phemex
Binance
SoDEX
Bybit
Lighter RH
Extended
OKX
Bitget
SunX
Lighter
Injective