After costs, if the gap returns to its 7d average, $10k−$52
spread now−0.056%7d average−0.048%fees + slippage, in and out−$51spread needed0.511%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance METAUSDT | 737.51 | 0 | get 0.0000% / 8h | 6h 26m | $25.8M | $128.5M | 20x |
| Short | KuCoin METAUSDTM | 737.10 | 0.0100 | get 0.0100% / 8h | 6h 26m | $1.5M | $208K | 20x |
Binance METAUSDT
KuCoin METAUSDTMPrice 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
- −$5.58
- Funding while held
- $3
- Slippage, 4 orders
- −$29.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$53.68
- Spread needed to break even
- 0.511%
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Binance live order book, 3 min ago | 0.07 bp | 6.4 bp −$6 | 10.1 bp −$101 | 41.1 bp −$4,106 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 6.92 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Gate736.77cheapestCoinbase International737.06+0.039%Deribit737.09+0.043%
Gate
Coinbase International
DeribitKuCoin737.10+0.045%
tradeXYZ737.11+0.046%SoDEX737.22+0.061%Extended737.24+0.064%Nado737.28+0.069%Phoenix737.29+0.071%Ondo Perps737.30+0.072%Lighter RH737.34+0.077%SunX737.35+0.079%Orderly737.42+0.088%Bybit737.44+0.091%Arcus737.47+0.095%Lighter737.48+0.096%Bitget737.50+0.099%
tradeXYZ
SoDEX
Extended
Nado
Phoenix
Ondo Perps
Lighter RH
SunX
Orderly
Bybit
Arcus
Lighter
BitgetBinance737.51+0.101%
Polymarket Perps737.52+0.102%Hotstuff737.53+0.103%HTX737.53+0.103%ApeX Omni737.54+0.105%OKX737.59+0.111%Aevo737.59+0.111%Paradex737.64+0.118%Aster737.64+0.119%Variational Omni737.70+0.126%QFEX737.72+0.129%Popdex737.74+0.132%Aftermath Perps737.85+0.146%Vest737.86+0.148%Phemex737.95+0.160%BloFin737.99+0.166%edgeX738.10+0.181%Injective740.12+0.455%
Polymarket Perps
Hotstuff
HTX
ApeX Omni
OKX
Aevo
Paradex
Aster
Variational Omni
QFEX
Popdex
Vest
Phemex
BloFin
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.101% | 0.0000% | 8h | $354K | $4.1M | 100x | as long as short |
| Coinbase International META-PERP-INTX | −0.061% | +0.0048% | 1h | $643K | $6.1M | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.057% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| KuCoin METAUSDTMshort | −0.056% | +0.0100% | 8h | $1.5M | $208K | 20x | |
| tradeXYZ xyz:META | −0.054% | +0.0050% | 1h | $66.8M | $57.4M | 20x | as long as short |
| SoDEX META-USD | −0.040% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Extended META_24_5-USD | −0.037% | 0.0000% | 1h | $549K | $1.4M | 17x | as long as short |
| Nado META-PERP | −0.032% | +0.0018% | 1h | $390K | $173K | 20x | as long as short |
| Phoenix META | −0.030% | +0.0055% | 1h | $252K | $513K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.029% | +0.0050% | 1h | $775K | $3.1M | 10x | as long as short |