After costs, if the gap returns to its 7d average, $10k−$49
spread now−0.183%7d average−0.006%fees + slippage, in and out−$31spread needed0.312%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance METAUSDT | 726.33 | 0 | get 0.0000% / 8h | 7h 41m | $25.4M | $107.6M | 20x |
| Short | edgeX METAUSDC | 725.00 | 0.0879 | get 0.0439% / 4h | 3h 41m | $61K | $325K | 10x |
Binance 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
- −$18.27
- Funding while held
- $26.36
- Slippage, 4 orders
- −$12.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$23.08
- Spread needed to break even
- 0.312%
Slippage from Binance: live order book, 3 min ago; edgeX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0879%
- Per $10,000 a day
- +$26.36
- 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 Binance live order book, 3 min ago | 0.07 bp | 5.7 bp −$6 | 11.7 bp −$117 | 44.0 bp −$4,398 | doesn't fit |
| Sell edgeX live order book, 3 min ago | 5.10 bp | 9.7 bp −$10 | 10.5 bp −$105 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni724.53cheapestAftermath Perps725.27+0.103%Phoenix725.65+0.155%Coinbase International725.70+0.161%Variational Omni725.85+0.182%Hotstuff725.94+0.195%QFEX726.04+0.208%Gate726.04+0.208%Aster726.09+0.215%KuCoin726.09+0.215%Paradex726.11+0.218%Ondo Perps726.12+0.219%HTX726.14+0.222%Nado726.15+0.224%Bybit726.16+0.225%Phemex726.16+0.225%Arcus726.23+0.235%Lighter RH726.26+0.239%Extended726.27+0.240%tradeXYZ726.28+0.242%Lighter726.28+0.242%Deribit726.29+0.243%
ApeX Omni
Phoenix
Coinbase International
Variational Omni
Hotstuff
QFEX
Gate
Aster
KuCoin
Paradex
Ondo Perps
HTX
Nado
Bybit
Phemex
Arcus
Lighter RH
Extended
tradeXYZ
Lighter
DeribitBinance726.33+0.248%
Vest726.33+0.248%SoDEX726.33+0.248%Popdex726.34+0.250%Aevo726.37+0.253%Polymarket Perps726.38+0.255%Bitget726.39+0.257%OKX726.40+0.258%SunX726.45+0.265%Orderly726.57+0.282%BloFin726.69+0.298%Injective726.96+0.335%
Vest
SoDEX
Popdex
Aevo
Polymarket Perps
Bitget
OKX
SunX
Orderly
BloFin
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.247% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| edgeX METAUSDCshort | −0.183% | +0.0879% | 4h | $61K | $325K | 10x | |
| Aftermath Perps METAUSD | −0.145% | +0.0230% | 1h | $44K | $47K | 10x | as long as short |
| Phoenix META | −0.093% | +0.0100% | 1h | $282K | $361K | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.086% | +0.0040% | 1h | $699K | $5.5M | 10x | as long as short |
| Variational Omni META | −0.066% | 0.0000% | 8h | $1.3M | $2.1M | — | as long as short |
| Hotstuff META-PERP | −0.053% | −0.0016% | 1h | $32K | $105 | 20x | as long as short |
| QFEX META-USD | −0.039% | +0.0016% | 1h | $1.8M | $7.3M | 10x | as long as short |
| Gate META_USDT | −0.039% | 0.0000% | 8h | $371K | $3.6M | 100x | as long as short |
| Aster METAUSDT | −0.033% | 0.0000% | 8h | $446K | $94K | 20x | as long as short |