After costs, if the gap returns to its 7d average, $10k−$164
spread now−0.480%7d average+0.338%fees + slippage, in and out−$82spread needed0.825%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget METAUSDT | 710.17 | 0 | get 0.0000% / 8h | 44m 43s | $4.9M | $5.9M | 100x |
| Short | Injective META/USDC PERP | 706.76 | 0.0220 | get 0.0028% / 1h | 44m 43s | $161K | $135K | 30x |
Bitget METAUSDT
Injective META/USDC PERPPrice 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
- −$48.02
- Funding while held
- $6.6
- Slippage, 4 orders
- −$70.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$123.9
- Spread needed to break even
- 0.825%
Slippage from Bitget: live order book, 5 min ago; Injective: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0220%
- Per $10,000 a day
- +$6.60
- 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, 5 min ago | 1.41 bp | 9.5 bp −$10 | 17.2 bp −$172 | 38.1 bp −$3,815 | doesn't fit |
| Sell Injective live order book, 6 min ago | 19.07 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Injective706.76cheapest
Ondo Perps708.02+0.178%ApeX Omni708.44+0.238%Coinbase International708.51+0.248%Nado708.69+0.273%HTX708.70+0.274%Deribit708.74+0.280%Variational Omni708.74+0.281%Aevo708.74+0.281%Paradex708.81+0.290%Arcus708.82+0.291%Vest708.86+0.297%Aftermath Perps708.87+0.299%Orderly708.93+0.307%SoDEX708.93+0.307%QFEX708.97+0.313%Phoenix708.98+0.314%Popdex709.00+0.317%Polymarket Perps709.02+0.320%Hotstuff709.03+0.321%KuCoin709.07+0.327%edgeX709.16+0.340%SunX709.17+0.341%Phemex709.17+0.341%BloFin709.17+0.341%Gate709.21+0.347%Aster709.41+0.375%Extended709.51+0.388%tradeXYZ709.79+0.429%Bybit710.04+0.464%OKX710.13+0.477%Lighter710.17+0.482%
Ondo Perps
ApeX Omni
Coinbase International
Nado
HTX
Deribit
Variational Omni
Aevo
Paradex
Arcus
Vest
Orderly
SoDEX
QFEX
Phoenix
Popdex
Polymarket Perps
Hotstuff
KuCoin
SunX
Phemex
BloFin
Gate
Aster
Extended
tradeXYZ
Bybit
OKX
LighterBitget710.17+0.482%
Lighter RH710.18+0.484%Binance710.25+0.494%
Lighter RH
BinanceMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERPshort | −0.480% | +0.0220% | 1h | $161K | $135K | 30x | |
| Ondo Perps META-USD.P | −0.303% | +0.0050% | 1h | $901K | $2.3M | 10x | as long as short |
| ApeX Omni METAUSDT | −0.244% | +0.0100% | 1h | $110K | $46K | 50x | as long as short |
| Coinbase International META-PERP-INTX | −0.234% | +0.0056% | 1h | $667K | $4.7M | 10x | as long as short |
| Nado META-PERP | −0.209% | +0.0048% | 1h | $439K | $69K | 20x | as long as short |
| HTX META-USDT | −0.207% | 0.0000% | 8h | $101K | $264K | 30x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.201% | 0.0000% | 1h | $29K | $253K | 10x | as long as short |
| Variational Omni META | −0.201% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Aevo META-PERP | −0.201% | +0.0104% | 1h | $255 | — | 10x | as long as short |
| Paradex META-USD-PERP | −0.191% | +0.0053% | 8h | — | — | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus META-USD | −0.190% | +0.0088% | 1h | $279K | $249K | 10x | as long as short |
| Vest META-USD-PERP | −0.184% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Aftermath Perps METAUSD | −0.183% | +0.0261% | 1h | $43K | $48K | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.175% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| SoDEX META-USD | −0.175% | +0.0050% | 1h | $23K | $3K | 10x | as long as short |
| QFEX META-USD | −0.169% | +0.0028% | 1h | $1.8M | $5.8M | 10x | as long as short |
| Phoenix META | −0.168% | +0.0090% | 1h | $229K | $284K | 20x | as long as short |
| Popdex METAUSDT | −0.165% | +0.0048% | 1h | $165K | $154K | 20x | as long as short |
| Polymarket Perps META-USD | −0.162% | +0.0050% | 1h | $645K | $466K | 10x | as long as short |
| Hotstuff META-PERP | −0.161% | +0.0088% | 1h | $32K | $105 | 20x | as long as short |
| KuCoin METAUSDTM | −0.155% | +0.0100% | 8h | $1.4M | $135K | 20x | as long as short |
| edgeX METAUSDC | −0.142% | +0.0888% | 4h | $60K | $324K | 10x | as long as short |
| SunX META-USDT | −0.141% | 0.0000% | 8h | $818 | $7.8M | 20x | as long as short |
| Phemex METAUSDT | −0.141% | 0.0000% | 4h | $1.9M | $4K | 10x | as long as short |
| BloFin META-USDT | −0.141% | −0.0120% | 8h | $345K | $458K | 20x | as long as short |
| Gate META_USDT | −0.135% | 0.0000% | 8h | $385K | $3.1M | 100x | as long as short |
| Aster METAUSDT | −0.107% | 0.0000% | 8h | $437K | $86K | 20x | as long as short |
| Extended META_24_5-USD | −0.094% | 0.0000% | 1h | $512K | $1.3M | 17x | as long as short |
| tradeXYZ xyz:META | −0.054% | +0.0050% | 1h | $61.8M | $45.5M | 20x | as long as short |
| Bybit METAUSDT | −0.018% | 0.0000% | 8h | $6.5M | $7.0M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.006% | 0.0000% | 8h | $6.2M | $7.2M | 20x | as long as short |
| Lighter META | 0.000% | +0.0032% | 1h | $695K | $2.1M | 20x | as long as short |
| Bitget METAUSDTlong | 0.000% | 0.0000% | 8h | $4.9M | $5.9M | 100x | |
| Lighter RH META | +0.001% | +0.0032% | 1h | $686K | $2.4M | 20x | as long as short |
| Binance METAUSDT | +0.011% | 0.0000% | 8h | $25.5M | $89.2M | 20x | as long as short |