After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.070%7d average−0.059%fees + slippage, in and out−$34spread needed0.337%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget METAUSDT | 728.70 | 0 | get 0.0000% / 8h | 7h 01m | $5.2M | $7.6M | 100x |
| Short | Deribit META_USDC-PERPETUAL | 728.19 | 0 | get 0.0000% / 1h | 1m 02s | $28K | $266K | 10x |
Bitget METAUSDT
Deribit META_USDC-PERPETUALPrice 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
- Funding while held
- $0
- Slippage, 4 orders
- −$14.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$40.65
- Spread needed to break even
- 0.337%
Slippage from Bitget: live order book, 4 min ago; Deribit: live order book, 49 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 Bitget live order book, 4 min ago | 0.69 bp | 11.2 bp −$11 | 19.8 bp −$198 | 38.3 bp −$3,828 | doesn't fit |
| Sell Deribit live order book, 49 min ago | 3.66 bp | 7.2 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Hotstuff727.59cheapestKuCoin728.02+0.059%Ondo Perps728.08+0.067%ApeX Omni728.11+0.071%
Hotstuff
KuCoin
Ondo Perps
ApeX OmniDeribit728.19+0.082%
HTX728.22+0.087%Gate728.26+0.092%Phoenix728.31+0.099%SoDEX728.31+0.099%Aevo728.35+0.105%Aster728.37+0.108%Paradex728.39+0.110%edgeX728.41+0.112%Coinbase International728.44+0.117%Phemex728.44+0.117%SunX728.48+0.122%Nado728.50+0.125%QFEX728.53+0.129%Orderly728.53+0.129%BloFin728.53+0.129%Popdex728.55+0.132%Lighter728.59+0.137%OKX728.65+0.146%Polymarket Perps728.68+0.150%Arcus728.69+0.151%Bybit728.70+0.153%
HTX
Gate
Phoenix
SoDEX
Aevo
Aster
Paradex
Coinbase International
Phemex
SunX
Nado
QFEX
Orderly
BloFin
Popdex
Lighter
OKX
Polymarket Perps
Arcus
BybitBitget728.70+0.153%
Binance728.76+0.161%tradeXYZ728.79+0.165%Extended728.81+0.168%Lighter RH728.83+0.170%Aftermath Perps728.85+0.173%Variational Omni728.88+0.177%Vest728.91+0.181%Injective730.16+0.353%
Binance
tradeXYZ
Extended
Lighter RH
Variational Omni
Vest
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff META-PERP | −0.152% | +0.0104% | 1h | $33K | $105 | 20x | as long as short |
| KuCoin METAUSDTM | −0.093% | +0.0100% | 8h | $1.5M | $187K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.085% | +0.0050% | 1h | $801K | $2.9M | 10x | as long as short |
| ApeX Omni METAUSDT | −0.081% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| Deribit META_USDC-PERPETUALshort | −0.070% | 0.0000% | 1h | $28K | $266K | 10x | |
| HTX META-USDT | −0.066% | 0.0000% | 8h | $103K | $270K | 30x | as long as short |
| Gate META_USDT | −0.060% | 0.0000% | 8h | $352K | $3.9M | 100x | as long as short |
| Phoenix META | −0.054% | +0.0100% | 1h | $240K | $361K | 20x | as long as short |
| SoDEX META-USD | −0.054% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Aevo META-PERP | −0.048% | +0.0104% | 1h | $262 | — | 10x | as long as short |