After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.095%7d average−0.042%fees + slippage, in and out−$40spread needed0.405%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget METAUSDT | 716.22 | 0 | get 0.0000% / 8h | 22m 28s | $4.9M | $6.0M | 100x |
| Short | tradeXYZ xyz:META | 715.54 | 0.0050 | get 0.0006% / 1h | 22m 28s | $62.0M | $46.7M | 20x |
Bitget METAUSDT
tradeXYZ xyz:METAPrice 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
- −$9.49
- Funding while held
- $1.5
- Slippage, 4 orders
- −$10.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$48.47
- Spread needed to break even
- 0.405%
Slippage from Bitget: live order book, 2 min ago; tradeXYZ: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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, 2 min ago | 0.77 bp | 9.0 bp −$9 | 16.5 bp −$165 | 33.8 bp −$3,382 | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.77 bp | 10.0 bp −$10 | 11.3 bp −$113 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni713.83cheapestVariational Omni713.86+0.004%Coinbase International713.89+0.008%Aftermath Perps713.91+0.011%edgeX714.01+0.025%Injective714.19+0.050%Phoenix714.39+0.078%SoDEX715.38+0.217%Phemex715.40+0.220%Aster715.42+0.223%KuCoin715.44+0.226%Hotstuff715.52+0.237%
ApeX Omni
Variational Omni
Coinbase International
Injective
Phoenix
SoDEX
Phemex
Aster
KuCoin
HotstufftradeXYZ715.54+0.240%
Deribit715.63+0.252%Paradex715.66+0.256%Ondo Perps715.68+0.259%Orderly715.69+0.261%Aevo715.75+0.270%BloFin715.76+0.270%Gate715.77+0.272%Lighter715.78+0.273%Lighter RH715.81+0.277%Nado715.88+0.287%Vest715.88+0.287%Arcus715.94+0.296%HTX715.94+0.296%QFEX716.02+0.307%SunX716.05+0.311%Extended716.07+0.313%Bybit716.19+0.331%Binance716.22+0.335%Popdex716.22+0.335%
Deribit
Paradex
Ondo Perps
Orderly
Aevo
BloFin
Gate
Lighter
Lighter RH
Nado
Vest
Arcus
HTX
QFEX
SunX
Extended
Bybit
Binance
PopdexBitget716.22+0.335%
Polymarket Perps716.26+0.340%OKX716.35+0.353%
Polymarket Perps
OKXMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.334% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Variational Omni META | −0.330% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Coinbase International META-PERP-INTX | −0.325% | +0.0056% | 1h | $654K | $4.9M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.323% | +0.0240% | 1h | $43K | $47K | 10x | as long as short |
| edgeX METAUSDC | −0.309% | +0.0727% | 4h | $60K | $323K | 10x | as long as short |
| Injective META/USDC PERP | −0.283% | +0.0220% | 1h | $163K | $135K | 30x | as long as short |
| Phoenix META | −0.256% | +0.0090% | 1h | $231K | $284K | 20x | as long as short |
| SoDEX META-USD | −0.117% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Phemex METAUSDT | −0.114% | 0.0000% | 4h | $1.9M | $5K | 10x | as long as short |
| Aster METAUSDT | −0.111% | 0.0000% | 8h | $441K | $86K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METAUSDTM | −0.109% | +0.0100% | 8h | $1.5M | $141K | 20x | as long as short |
| Hotstuff META-PERP | −0.098% | +0.0032% | 1h | $32K | $105 | 20x | as long as short |
| tradeXYZ xyz:METAshort | −0.095% | +0.0050% | 1h | $62.0M | $46.7M | 20x | |
| Deribit META_USDC-PERPETUAL | −0.082% | 0.0000% | 1h | $29K | $254K | 10x | as long as short |
| Paradex META-USD-PERP | −0.078% | +0.0052% | 8h | — | — | 5x | as long as short |
| Ondo Perps META-USD.P | −0.075% | +0.0050% | 1h | $850K | $2.6M | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.074% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Aevo META-PERP | −0.065% | +0.0104% | 1h | $258 | — | 10x | as long as short |
| BloFin META-USDT | −0.064% | −0.0120% | 8h | $342K | $480K | 20x | as long as short |
| Gate META_USDT | −0.063% | 0.0000% | 8h | $387K | $3.3M | 100x | as long as short |
| Lighter META | −0.061% | +0.0032% | 1h | $691K | $2.1M | 20x | as long as short |
| Lighter RH META | −0.057% | +0.0032% | 1h | $671K | $2.5M | 20x | as long as short |
| Nado META-PERP | −0.048% | +0.0019% | 1h | $444K | $87K | 20x | as long as short |
| Vest META-USD-PERP | −0.047% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Arcus META-USD | −0.039% | +0.0088% | 1h | $281K | $250K | 10x | as long as short |
| HTX META-USDT | −0.039% | 0.0000% | 8h | $102K | $265K | 30x | as long as short |
| QFEX META-USD | −0.028% | +0.0028% | 1h | $1.8M | $6.1M | 10x | as long as short |
| SunX META-USDT | −0.024% | 0.0000% | 8h | $854 | $8.4M | 20x | as long as short |
| Extended META_24_5-USD | −0.022% | 0.0000% | 1h | $517K | $1.3M | 17x | as long as short |
| Bybit METAUSDT | −0.004% | 0.0000% | 8h | $7.3M | $7.8M | 100x | as long as short |
| Binance METAUSDT | 0.000% | 0.0000% | 8h | $25.4M | $95.6M | 20x | as long as short |
| Popdex METAUSDT | 0.000% | +0.0048% | 1h | $168K | $156K | 20x | as long as short |
| Bitget METAUSDTlong | 0.000% | 0.0000% | 8h | $4.9M | $6.0M | 100x | |
| Polymarket Perps META-USD | +0.006% | +0.0050% | 1h | $651K | $464K | 10x | as long as short |
| OKX META-USDT-SWAP | +0.018% | 0.0000% | 8h | $6.0M | $8.6M | 20x | as long as short |