After costs, if the gap returns to its 7d average, $10k−$73
spread now+0.011%7d average−0.041%fees + slippage, in and out−$78spread needed0.782%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget METAUSDT | 747.11 | 0 | get 0.0000% / 8h | 5h 10m | $5.8M | $9.4M | 100x |
| Short | ApeX Omni METAUSDT | 747.19 | 0.0100 | get 0.0013% / 1h | 10m 30s | $167K | $71K | 50x |
Bitget METAUSDT
ApeX Omni 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
- $1.07
- Funding while held
- $3
- Slippage, 4 orders
- −$56.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$74.17
- Spread needed to break even
- 0.782%
Slippage from Bitget: live order book, 4 min ago; ApeX Omni: live order book, 22 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 Bitget live order book, 4 min ago | 1.07 bp | 9.4 bp −$9 | 16.1 bp −$161 | 34.8 bp −$3,483 | doesn't fit |
| Sell ApeX Omni live order book, 22 min ago | 4.08 bp | 26.9 bp −$27 | 432.3 bp −$4,323 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Injective746.38cheapestedgeX746.40+0.002%Phoenix746.78+0.054%Hotstuff746.86+0.064%OKX746.87+0.066%Nado746.93+0.074%tradeXYZ746.96+0.078%Gate746.96+0.078%Coinbase International747.07+0.092%HTX747.07+0.092%KuCoin747.11+0.098%
Injective
Phoenix
Hotstuff
OKX
Nado
tradeXYZ
Gate
Coinbase International
HTX
KuCoinBitget747.11+0.098%
Polymarket Perps747.12+0.099%Arcus747.14+0.102%QFEX747.17+0.106%Paradex747.17+0.106%Binance747.19+0.109%Bybit747.19+0.109%Popdex747.19+0.109%
Polymarket Perps
Arcus
QFEX
Paradex
Binance
Bybit
PopdexApeX Omni747.19+0.109%
Extended747.21+0.111%Aevo747.26+0.118%Deribit747.31+0.125%Lighter RH747.35+0.130%SoDEX747.35+0.130%Phemex747.36+0.131%Ondo Perps747.38+0.134%BloFin747.40+0.137%Aster747.40+0.137%Orderly747.44+0.142%Lighter747.54+0.155%SunX747.64+0.169%Vest747.67+0.173%Aftermath Perps747.68+0.174%Variational Omni747.99+0.216%
Extended
Aevo
Deribit
Lighter RH
SoDEX
Phemex
Ondo Perps
BloFin
Aster
Orderly
Lighter
SunX
Vest
Variational OmniMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.098% | +0.0220% | 1h | $170K | $76K | 30x | as long as short |
| edgeX METAUSDC | −0.096% | +0.0841% | 4h | $62K | $326K | 10x | as long as short |
| Phoenix META | −0.044% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| Hotstuff META-PERP | −0.033% | +0.0016% | 1h | $33K | $105 | 20x | as long as short |
| OKX META-USDT-SWAP | −0.032% | 0.0000% | 8h | $6.1M | $12.2M | 20x | as long as short |
| Nado META-PERP | −0.023% | −0.0020% | 1h | $395K | $215K | 20x | as long as short |
| tradeXYZ xyz:META | −0.020% | +0.0050% | 1h | $77.5M | $91.8M | 20x | as long as short |
| Gate META_USDT | −0.020% | 0.0000% | 8h | $361K | $4.8M | 100x | as long as short |
| Coinbase International META-PERP-INTX | −0.005% | +0.0048% | 1h | $654K | $6.5M | 10x | as long as short |
| HTX META-USDT | −0.005% | 0.0000% | 8h | $106K | $280K | 30x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METAUSDTM | 0.000% | +0.0100% | 8h | $1.6M | $287K | 20x | as long as short |
| Bitget METAUSDTlong | 0.000% | 0.0000% | 8h | $5.8M | $9.4M | 100x | |
| Polymarket Perps META-USD | +0.001% | +0.0050% | 1h | $545K | $835K | 10x | as long as short |
| Arcus META-USD | +0.004% | +0.0478% | 1h | $267K | $308K | 10x | as long as short |
| QFEX META-USD | +0.008% | +0.0026% | 1h | $2.2M | $12.2M | 10x | as long as short |
| Paradex META-USD-PERP | +0.008% | +0.0050% | 8h | — | — | 5x | as long as short |
| Binance METAUSDT | +0.011% | 0.0000% | 8h | $27.9M | $153.1M | 20x | as long as short |
| Bybit METAUSDT | +0.011% | 0.0000% | 8h | $8.2M | $11.6M | 100x | as long as short |
| Popdex METAUSDT | +0.011% | +0.0048% | 1h | $176K | $192K | 20x | as long as short |
| ApeX Omni METAUSDTshort | +0.011% | +0.0100% | 1h | $167K | $71K | 50x | |
| Extended META_24_5-USD | +0.013% | 0.0000% | 1h | $554K | $1.4M | 17x | as long as short |
| Aevo META-PERP | +0.021% | +0.0104% | 1h | $269 | — | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.027% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Lighter RH META | +0.032% | +0.0032% | 1h | $740K | $3.0M | 20x | as long as short |
| SoDEX META-USD | +0.032% | +0.0050% | 1h | $25K | $3K | 10x | as long as short |
| Phemex METAUSDT | +0.033% | 0.0000% | 4h | $2.0M | $6K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.036% | +0.0050% | 1h | $715K | $3.6M | 10x | as long as short |
| BloFin META-USDT | +0.039% | −0.0120% | 8h | $337K | $1.0M | 20x | as long as short |
| Aster METAUSDT | +0.039% | 0.0000% | 8h | $460K | $432K | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.044% | +0.0100% | 8h | $1K | $24 | 10x | as long as short |
| Lighter META | +0.058% | +0.0056% | 1h | $862K | $2.5M | 20x | as long as short |
| SunX META-USDT | +0.071% | 0.0000% | 8h | $781 | $9.4M | 20x | as long as short |
| Vest META-USD-PERP | +0.075% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Aftermath Perps METAUSD | +0.076% | +0.0295% | 1h | $44K | $46K | 10x | as long as short |
| Variational Omni META | +0.118% | 0.0000% | 8h | $1.6M | $2.2M | — | as long as short |