After costs, if the gap returns to its 7d average, $10k−$32
spread now−0.012%7d average+0.009%fees + slippage, in and out−$30spread needed0.299%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus META-USD | 738.05 | 0.0325 | pay 0.0041% / 1h | 27m 00s | $269K | $299K | 10x |
| Short | HTX META-USDT | 737.96 | 0 | get 0.0000% / 8h | 6h 27m | $105K | $274K | 30x |
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
- −$1.22
- Funding while held
- −$9.74
- Slippage, 4 orders
- −$13.44
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$40.9
- Spread needed to break even
- 0.299%
Slippage from Arcus: live order book, 13 min ago; HTX: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0325%
- Per $10,000 a day
- −$9.74
- 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 Arcus live order book, 13 min ago | 2.66 bp | 4.9 bp −$5 | 4.9 bp −$49 | 6.3 bp −$630 | doesn't fit |
| Sell HTX live order book, 11 min ago | 2.78 bp | 8.8 bp −$9 | 10.4 bp −$104 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.182% | 0.0000% | 8h | $354K | $4.1M | 100x | as long as short |
| Bitget METAUSDT | −0.111% | 0.0000% | 8h | $5.7M | $8.2M | 100x | as long as short |
| KuCoin METAUSDTM | −0.107% | +0.0100% | 8h | $1.5M | $208K | 20x | as long as short |
| Phoenix META | −0.103% | +0.0055% | 1h | $252K | $513K | 20x | as long as short |
| tradeXYZ xyz:META | −0.102% | +0.0050% | 1h | $66.8M | $57.3M | 20x | as long as short |
| Extended META_24_5-USD | −0.099% | 0.0000% | 1h | $549K | $1.4M | 17x | as long as short |
| Hotstuff META-PERP | −0.072% | −0.0024% | 1h | $33K | $105 | 20x | as long as short |
| ApeX Omni METAUSDT | −0.069% | +0.0100% | 1h | $135K | $57K | 50x | as long as short |
| Lighter RH META | −0.066% | +0.0032% | 1h | $706K | $2.7M | 20x | as long as short |
| Bybit METAUSDT | −0.066% | 0.0000% | 8h | $7.6M | $9.8M | 100x | as long as short |
HTX META-USDT
Gate
Bitget
KuCoin
Phoenix
tradeXYZ
Extended
ApeX Omni
Lighter RH
Bybit
Binance
Variational Omni
OKX
Aster
Paradex
Deribit
SoDEX
Lighter
BloFin
Popdex
Phemex
Polymarket Perps
SunX
Coinbase International
Injective