After costs, if the gap returns to its 7d average, $10k−$21
spread now+0.043%7d average−0.014%fees + slippage, in and out−$27spread needed0.269%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin META-USDT | 737.75 | −0.0120 | get 0.0120% / 8h | 6h 30m | $329K | $856K | 20x |
| Short | QFEX META-USD | 738.07 | 0.0020 | get 0.0002% / 1h | 30m 07s | $1.8M | $9.4M | 10x |
BloFin META-USDT
QFEX META-USDPrice 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
- $4.34
- Funding while held
- $4.19
- Slippage, 4 orders
- −$4.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$18.36
- Spread needed to break even
- 0.269%
Slippage from BloFin: live order book, 8 min ago; QFEX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0140%
- Per $10,000 a day
- +$4.19
- 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, 8 min ago | 0.27 bp | 7.4 bp −$7 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.36 bp | 6.4 bp −$6 | 8.3 bp −$83 | 16.0 bp −$1,604 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni736.48cheapestPhoenix737.29+0.110%Ondo Perps737.35+0.118%Gate737.50+0.138%Aftermath Perps737.62+0.154%Variational Omni737.70+0.165%
ApeX Omni
Phoenix
Ondo Perps
Gate
Variational OmniBloFin737.75+0.172%
Coinbase International737.84+0.185%KuCoin737.88+0.190%Nado737.89+0.191%Lighter RH737.91+0.194%Aster737.91+0.194%OKX737.94+0.198%tradeXYZ737.99+0.205%Binance737.99+0.205%Hotstuff738.01+0.208%Bybit738.04+0.212%Deribit738.04+0.212%Phemex738.04+0.212%Paradex738.06+0.215%
Coinbase International
KuCoin
Nado
Lighter RH
Aster
OKX
tradeXYZ
Binance
Hotstuff
Bybit
Deribit
Phemex
ParadexQFEX738.07+0.216%
HTX738.08+0.217%Lighter738.12+0.223%SoDEX738.12+0.223%Bitget738.13+0.224%Extended738.15+0.227%edgeX738.17+0.229%Popdex738.17+0.229%Aevo738.18+0.230%Polymarket Perps738.24+0.239%SunX738.25+0.240%Orderly738.35+0.254%Vest738.40+0.261%Arcus738.41+0.262%Injective739.27+0.379%
HTX
Lighter
SoDEX
Bitget
Extended
Popdex
Aevo
Polymarket Perps
SunX
Orderly
Vest
Arcus
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.172% | +0.0100% | 1h | $135K | $56K | 50x | as long as short |
| Phoenix META | −0.062% | +0.0055% | 1h | $252K | $513K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.054% | +0.0050% | 1h | $755K | $3.1M | 10x | as long as short |
| Gate META_USDT | −0.034% | 0.0000% | 8h | $354K | $4.1M | 100x | as long as short |
| Aftermath Perps METAUSD | −0.018% | +0.0274% | 1h | $44K | $45K | 10x | as long as short |
| Variational Omni META | −0.007% | 0.0000% | 8h | $1.5M | $2.1M | — | as long as short |
| BloFin META-USDTlong | 0.000% | −0.0120% | 8h | $329K | $856K | 20x | |
| Coinbase International META-PERP-INTX | +0.012% | +0.0048% | 1h | $648K | $6.1M | 10x | as long as short |
| KuCoin METAUSDTM | +0.018% | +0.0100% | 8h | $1.5M | $206K | 20x | as long as short |
| Nado META-PERP | +0.019% | +0.0015% | 1h | $391K | $172K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH META | +0.022% | +0.0032% | 1h | $705K | $2.7M | 20x | as long as short |
| Aster METAUSDT | +0.022% | 0.0000% | 8h | $454K | $168K | 20x | as long as short |
| OKX META-USDT-SWAP | +0.026% | 0.0000% | 8h | $5.9M | $10.2M | 20x | as long as short |
| tradeXYZ xyz:META | +0.033% | +0.0050% | 1h | $67.3M | $56.7M | 20x | as long as short |
| Binance METAUSDT | +0.033% | 0.0000% | 8h | $25.8M | $127.2M | 20x | as long as short |
| Hotstuff META-PERP | +0.035% | +0.0024% | 1h | $33K | $105 | 20x | as long as short |
| Bybit METAUSDT | +0.039% | 0.0000% | 8h | $7.6M | $9.7M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.039% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Phemex METAUSDT | +0.039% | −0.0019% | 4h | $2.0M | $5K | 10x | as long as short |
| Paradex META-USD-PERP | +0.042% | +0.0051% | 8h | — | — | 5x | as long as short |
| QFEX META-USDshort | +0.043% | +0.0020% | 1h | $1.8M | $9.4M | 10x | |
| HTX META-USDT | +0.045% | 0.0000% | 8h | $105K | $272K | 30x | as long as short |
| Lighter META | +0.050% | +0.0056% | 1h | $851K | $2.4M | 20x | as long as short |
| SoDEX META-USD | +0.050% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Bitget METAUSDT | +0.052% | 0.0000% | 8h | $5.7M | $8.2M | 100x | as long as short |
| Extended META_24_5-USD | +0.054% | 0.0000% | 1h | $549K | $1.4M | 17x | as long as short |
| edgeX METAUSDC | +0.057% | +0.0396% | 4h | $62K | $327K | 10x | as long as short |
| Popdex METAUSDT | +0.057% | +0.0048% | 1h | $174K | $174K | 20x | as long as short |
| Aevo META-PERP | +0.058% | +0.0104% | 1h | $266 | — | 10x | as long as short |
| Polymarket Perps META-USD | +0.066% | +0.0050% | 1h | $669K | $483K | 10x | as long as short |
| SunX META-USDT | +0.068% | 0.0000% | 8h | $918 | $9.3M | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.081% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Vest META-USD-PERP | +0.088% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Arcus META-USD | +0.089% | +0.0325% | 1h | $269K | $298K | 10x | as long as short |
| Injective META/USDC PERP | +0.206% | +0.0220% | 1h | $168K | $101K | 30x | as long as short |