After costs, if the gap returns to its 7d average, $10k−$31
spread now−0.051%7d average−0.040%fees + slippage, in and out−$30spread needed0.302%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin META-USDT | 737.99 | −0.0120 | get 0.0120% / 8h | 6h 27m | $330K | $859K | 20x |
| Short | Nado META-PERP | 737.62 | 0.0017 | get 0.0002% / 1h | 27m 12s | $390K | $173K | 20x |
Price 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
- −$5.08
- Funding while held
- $4.1
- Slippage, 4 orders
- −$11.19
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$31.17
- Spread needed to break even
- 0.302%
Slippage from BloFin: live order book, 11 min ago; Nado: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0137%
- Per $10,000 a day
- +$4.10
- 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 BloFin live order book, 11 min ago | 0.27 bp | 7.4 bp −$7 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Nado live order book, 12 min ago | 2.58 bp | 6.5 bp −$6 | 21.3 bp −$213 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.META on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix META | −0.095% | +0.0055% | 1h | $252K | $513K | 20x | as long as short |
| Gate META_USDT | −0.091% | 0.0000% | 8h | $354K | $4.1M | 100x | as long as short |
| Bybit METAUSDT | −0.065% | 0.0000% | 8h | $7.6M | $9.7M | 100x | as long as short |
| Hotstuff META-PERP | −0.064% | −0.0024% | 1h | $33K | $105 | 20x | as long as short |
| ApeX Omni METAUSDT | −0.061% | +0.0100% | 1h | $135K | $57K | 50x | as long as short |
| Lighter RH META | −0.058% | +0.0032% | 1h | $706K | $2.7M | 20x | as long as short |
| Binance METAUSDT | −0.053% | 0.0000% | 8h | $25.8M | $128.2M | 20x | as long as short |
| Nado META-PERPshort | −0.051% | +0.0017% | 1h | $390K | $173K | 20x | |
| Variational Omni META | −0.040% | 0.0000% | 8h | $1.5M | $2.1M | — | as long as short |
| Ondo Perps META-USD.P | −0.034% | +0.0050% | 1h | $755K | $3.1M | 10x | as long as short |
BloFin META-USDT
Phoenix
Gate
Bybit
ApeX Omni
Lighter RH
Binance
Variational Omni
KuCoin
Paradex
Deribit
Bitget
SoDEX
Aster
Extended
HTX
Lighter
Popdex
Phemex
tradeXYZ
Polymarket Perps
OKX
SunX
Coinbase International
Injective