After costs, if the gap returns to its 7d average, $10k−$52
spread now−0.075%7d average−0.112%fees + slippage, in and out−$56spread needed0.560%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster METAUSDT | 731.34 | 0 | get 0.0000% / 8h | 6h 54m | $450K | $120K | 20x |
| Short | Nado META-PERP | 730.79 | −0.0042 | pay 0.0005% / 1h | 54m 05s | $387K | $172K | 20x |
Aster METAUSDT
Nado META-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
- −$7.52
- Funding while held
- −$1.27
- Slippage, 4 orders
- −$40.99
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$64.79
- Spread needed to break even
- 0.560%
Slippage from Aster: live order book, 15 min ago; Nado: live order book, 50 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0042%
- Per $10,000 a day
- −$1.27
- 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 Aster live order book, 15 min ago | 1.51 bp | 37.4 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 50 min ago | 1.31 bp | 7.2 bp −$7 | 23.1 bp −$231 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Injective728.14cheapestApeX Omni728.46+0.044%edgeX729.26+0.153%Variational Omni729.74+0.220%Aftermath Perps730.13+0.273%Coinbase International730.14+0.275%Phoenix730.45+0.317%Ondo Perps730.75+0.358%Gate730.75+0.358%
Injective
ApeX Omni
Variational Omni
Coinbase International
Phoenix
Ondo Perps
GateNado730.79+0.363%
Phemex730.98+0.390%Paradex731.06+0.401%BloFin731.07+0.402%QFEX731.08+0.404%Popdex731.10+0.407%Hotstuff731.14+0.412%HTX731.23+0.424%KuCoin731.33+0.438%
Phemex
Paradex
BloFin
QFEX
Popdex
Hotstuff
HTX
KuCoinAster731.34+0.439%
Aevo731.35+0.441%tradeXYZ731.36+0.442%Polymarket Perps731.37+0.444%SoDEX731.38+0.445%Deribit731.38+0.445%Extended731.39+0.447%Arcus731.45+0.455%Orderly731.50+0.461%Bybit731.54+0.467%SunX731.60+0.475%Lighter RH731.61+0.477%Binance731.61+0.477%Lighter731.63+0.479%Bitget731.66+0.483%Vest731.66+0.483%OKX731.80+0.503%
Aevo
tradeXYZ
Polymarket Perps
SoDEX
Deribit
Extended
Arcus
Orderly
Bybit
SunX
Lighter RH
Binance
Lighter
Bitget
Vest
OKXMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.437% | +0.0220% | 1h | $166K | $101K | 30x | as long as short |
| ApeX Omni METAUSDT | −0.393% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| edgeX METAUSDC | −0.284% | +0.0499% | 4h | $61K | $324K | 10x | as long as short |
| Variational Omni META | −0.218% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| Aftermath Perps METAUSD | −0.165% | +0.0270% | 1h | $43K | $47K | 10x | as long as short |
| Coinbase International META-PERP-INTX | −0.164% | +0.0048% | 1h | $632K | $5.9M | 10x | as long as short |
| Phoenix META | −0.121% | +0.0055% | 1h | $250K | $513K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.080% | +0.0050% | 1h | $756K | $3.0M | 10x | as long as short |
| Gate META_USDT | −0.080% | 0.0000% | 8h | $346K | $3.9M | 100x | as long as short |
| Nado META-PERPshort | −0.075% | −0.0042% | 1h | $387K | $172K | 20x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex METAUSDT | −0.049% | 0.0000% | 4h | $1.9M | $5K | 10x | as long as short |
| Paradex META-USD-PERP | −0.038% | +0.0051% | 8h | — | — | 5x | as long as short |
| BloFin META-USDT | −0.036% | −0.0120% | 8h | $326K | $630K | 20x | as long as short |
| QFEX META-USD | −0.035% | +0.0020% | 1h | $1.9M | $8.5M | 10x | as long as short |
| Popdex METAUSDT | −0.032% | +0.0048% | 1h | $177K | $167K | 20x | as long as short |
| Hotstuff META-PERP | −0.027% | +0.0080% | 1h | $33K | $105 | 20x | as long as short |
| HTX META-USDT | −0.015% | 0.0000% | 8h | $104K | $270K | 30x | as long as short |
| KuCoin METAUSDTM | −0.001% | +0.0100% | 8h | $1.5M | $195K | 20x | as long as short |
| Aster METAUSDTlong | 0.000% | 0.0000% | 8h | $450K | $120K | 20x | |
| Aevo META-PERP | +0.002% | +0.0104% | 1h | $263 | — | 10x | as long as short |
| tradeXYZ xyz:META | +0.003% | +0.0050% | 1h | $66.3M | $53.8M | 20x | as long as short |
| Polymarket Perps META-USD | +0.005% | +0.0050% | 1h | $664K | $481K | 10x | as long as short |
| SoDEX META-USD | +0.006% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.006% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Extended META_24_5-USD | +0.008% | 0.0000% | 1h | $539K | $1.4M | 17x | as long as short |
| Arcus META-USD | +0.016% | +0.0325% | 1h | $272K | $292K | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.022% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Bybit METAUSDT | +0.028% | 0.0000% | 8h | $7.5M | $9.1M | 100x | as long as short |
| SunX META-USDT | +0.036% | 0.0000% | 8h | $707 | $9.3M | 20x | as long as short |
| Lighter RH META | +0.037% | +0.0032% | 1h | $698K | $2.6M | 20x | as long as short |
| Binance METAUSDT | +0.038% | 0.0000% | 8h | $25.3M | $118.8M | 20x | as long as short |
| Lighter META | +0.040% | +0.0032% | 1h | $843K | $2.4M | 20x | as long as short |
| Bitget METAUSDT | +0.044% | 0.0000% | 8h | $5.3M | $7.8M | 100x | as long as short |
| Vest META-USD-PERP | +0.044% | +0.0046% | 1h | — | $8K | 25x | as long as short |
| OKX META-USDT-SWAP | +0.063% | 0.0000% | 8h | $5.9M | $9.9M | 20x | as long as short |