After costs, if the gap returns to its 7d average, $10k−$137
spread now−0.038%7d average−0.051%fees + slippage, in and out−$138spread needed1.378%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster METAUSDT | 730.03 | 0 | get 0.0000% / 8h | 6h 56m | $449K | $120K | 20x |
| Short | Phemex METAUSDT | 729.75 | 0 | get 0.0000% / 4h | 2h 56m | $1.9M | $5K | 10x |
Aster METAUSDT
Phemex 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
- −$3.81
- Funding while held
- $0
- Slippage, 4 orders
- −$117.76
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$141.58
- Spread needed to break even
- 1.378%
Slippage from Aster: live order book, 13 min ago; Phemex: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 13 min ago | 1.51 bp | 37.4 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 1.92 bp | 44.4 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Injective728.14cheapestVariational Omni728.24+0.013%edgeX728.32+0.025%ApeX Omni728.46+0.044%Phoenix728.68+0.074%Aftermath Perps729.40+0.173%BloFin729.41+0.174%Ondo Perps729.58+0.198%Gate729.65+0.207%
Injective
Variational Omni
ApeX Omni
Phoenix
BloFin
Ondo Perps
GatePhemex729.75+0.221%
Popdex729.85+0.235%HTX729.88+0.239%Nado729.92+0.244%QFEX729.93+0.246%Paradex729.97+0.251%Polymarket Perps729.98+0.253%
Popdex
HTX
Nado
QFEX
Paradex
Polymarket PerpsAster730.03+0.259%
Aevo730.04+0.262%Arcus730.06+0.264%Deribit730.08+0.266%SoDEX730.10+0.269%Hotstuff730.11+0.271%Coinbase International730.14+0.275%SunX730.16+0.277%Orderly730.19+0.282%KuCoin730.22+0.286%Vest730.25+0.290%Bybit730.37+0.306%OKX730.40+0.310%Lighter730.42+0.313%Binance730.44+0.315%tradeXYZ730.45+0.317%Bitget730.53+0.328%Extended730.58+0.335%Lighter RH730.61+0.339%
Aevo
Arcus
Deribit
SoDEX
Hotstuff
Coinbase International
SunX
Orderly
KuCoin
Vest
Bybit
OKX
Lighter
Binance
tradeXYZ
Bitget
Extended
Lighter RHMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.259% | +0.0220% | 1h | $166K | $101K | 30x | as long as short |
| Variational Omni META | −0.245% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| edgeX METAUSDC | −0.233% | +0.0186% | 4h | $61K | $327K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.215% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| Phoenix META | −0.185% | +0.0055% | 1h | $240K | $361K | 20x | as long as short |
| Aftermath Perps METAUSD | −0.086% | +0.0271% | 1h | $43K | $47K | 10x | as long as short |
| BloFin META-USDT | −0.085% | −0.0120% | 8h | $325K | $625K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.061% | +0.0050% | 1h | $756K | $3.0M | 10x | as long as short |
| Gate META_USDT | −0.052% | 0.0000% | 8h | $353K | $3.9M | 100x | as long as short |
| Phemex METAUSDTshort | −0.038% | 0.0000% | 4h | $1.9M | $5K | 10x |