After costs, if the gap returns to its 7d average, $10k−$97
spread now+0.151%7d average+0.033%fees + slippage, in and out−$109spread needed1.093%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget METAUSDT | 740.33 | 0 | get 0.0000% / 8h | 6h 05m | $5.7M | $8.9M | 100x |
| Short | Phemex METAUSDT | 741.45 | 0 | get 0.0000% / 4h | 2h 05m | $2.0M | $5K | 10x |
Bitget METAUSDT
Phemex 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
- $15.13
- Funding while held
- $0
- Slippage, 4 orders
- −$85.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$94.12
- Spread needed to break even
- 1.093%
Slippage from Bitget: live order book, 4 min ago; Phemex: live order book, 4 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 | 0.74 bp | 11.3 bp −$11 | 17.2 bp −$172 | 37.8 bp −$3,779 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.77 bp | 44.8 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Gate739.83cheapestOKX740.30+0.064%
Gate
OKXBitget740.33+0.068%
KuCoin740.37+0.073%Bybit740.45+0.084%Binance740.46+0.085%Extended740.57+0.100%Deribit740.61+0.105%SoDEX740.63+0.108%tradeXYZ740.65+0.111%HTX740.65+0.111%Lighter RH740.77+0.127%Aster740.80+0.131%Aevo740.84+0.136%Nado740.84+0.137%SunX740.87+0.141%ApeX Omni740.90+0.145%Popdex740.94+0.150%Ondo Perps740.95+0.151%Lighter740.96+0.153%Phoenix740.96+0.153%QFEX741.00+0.158%Polymarket Perps741.02+0.161%Orderly741.03+0.162%Coinbase International741.07+0.168%Paradex741.17+0.181%edgeX741.23+0.190%Arcus741.27+0.195%
KuCoin
Bybit
Binance
Extended
Deribit
SoDEX
tradeXYZ
HTX
Lighter RH
Aster
Aevo
Nado
SunX
ApeX Omni
Popdex
Ondo Perps
Lighter
Phoenix
QFEX
Polymarket Perps
Orderly
Coinbase International
Paradex
ArcusPhemex741.45+0.219%
Hotstuff741.47+0.222%BloFin741.60+0.239%Aftermath Perps741.63+0.243%Vest741.77+0.262%Variational Omni742.37+0.343%Injective743.22+0.458%
Hotstuff
BloFin
Vest
Variational Omni
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.068% | 0.0000% | 8h | $341K | $4.4M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.004% | 0.0000% | 8h | $6.0M | $10.8M | 20x | as long as short |
| Bitget METAUSDTlong | 0.000% | 0.0000% | 8h | $5.7M | $8.9M | 100x | |
| KuCoin METAUSDTM | +0.005% | +0.0100% | 8h | $1.6M | $265K | 20x | as long as short |
| Bybit METAUSDT | +0.016% | 0.0000% | 8h | $7.8M | $10.3M | 100x | as long as short |
| Binance METAUSDT | +0.018% | 0.0000% | 8h | $26.4M | $136.9M | 20x | as long as short |
| Extended META_24_5-USD | +0.032% | 0.0000% | 1h | $552K | $1.4M | 17x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.038% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| SoDEX META-USD | +0.041% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| tradeXYZ xyz:META | +0.043% | +0.0050% | 1h | $69.3M | $68.3M | 20x | as long as short |