After costs, if the gap returns to its 7d average, $10k−$27
spread now−0.007%7d average−0.022%fees + slippage, in and out−$29spread needed0.290%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit METAUSDT | 747.21 | 0 | get 0.0000% / 8h | 5h 11m | $8.2M | $11.6M | 100x |
| Short | Arcus META-USD | 747.16 | 0.0478 | get 0.0060% / 1h | 11m 26s | $267K | $308K | 10x |
Bybit METAUSDT
Arcus 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
- −$0.67
- Funding while held
- $14.35
- Slippage, 4 orders
- −$13.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$15.28
- Spread needed to break even
- 0.290%
Slippage from Bybit: live order book, 3 min ago; Arcus: live order book, 24 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0478%
- Per $10,000 a day
- +$14.35
- 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 Bybit live order book, 3 min ago | 1.41 bp | 9.5 bp −$10 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 24 min ago | 1.21 bp | 5.8 bp −$6 | 10.6 bp −$106 | 15.8 bp −$1,582 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Hotstuff746.21cheapestInjective746.38+0.023%edgeX746.40+0.025%BloFin746.41+0.027%Phoenix746.78+0.076%Gate746.80+0.079%Nado746.93+0.097%Coinbase International746.96+0.101%KuCoin746.98+0.103%tradeXYZ746.99+0.105%Aster746.99+0.105%Paradex747.06+0.114%OKX747.09+0.118%Extended747.11+0.120%Ondo Perps747.12+0.122%
Hotstuff
Injective
BloFin
Phoenix
Gate
Nado
Coinbase International
KuCoin
tradeXYZ
Aster
Paradex
OKX
Extended
Ondo PerpsArcus747.16+0.127%
ApeX Omni747.19+0.131%SunX747.20+0.133%
ApeX Omni
SunXBybit747.21+0.134%
HTX747.22+0.135%Lighter RH747.23+0.137%Aevo747.24+0.138%SoDEX747.25+0.139%Bitget747.27+0.142%Deribit747.32+0.149%Binance747.33+0.150%QFEX747.34+0.151%Polymarket Perps747.34+0.151%Lighter747.38+0.157%Popdex747.40+0.159%Orderly747.48+0.170%Vest747.71+0.201%Phemex747.80+0.213%Aftermath Perps747.80+0.213%Variational Omni747.99+0.239%
HTX
Lighter RH
Aevo
SoDEX
Bitget
Deribit
Binance
QFEX
Polymarket Perps
Lighter
Popdex
Orderly
Vest
Phemex
Variational OmniMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff META-PERP | −0.134% | +0.0080% | 1h | $33K | $105 | 20x | as long as short |
| Injective META/USDC PERP | −0.111% | +0.0220% | 1h | $170K | $76K | 30x | as long as short |
| edgeX METAUSDC | −0.109% | +0.0841% | 4h | $62K | $326K | 10x | as long as short |
| BloFin META-USDT | −0.107% | −0.0120% | 8h | $333K | $1.0M | 20x | as long as short |
| Phoenix META | −0.058% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| Gate META_USDT | −0.055% | 0.0000% | 8h | $361K | $4.8M | 100x | as long as short |
| Nado META-PERP | −0.037% | −0.0020% | 1h | $395K | $215K | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.033% | +0.0048% | 1h | $653K | $6.5M | 10x | as long as short |
| KuCoin METAUSDTM | −0.031% | +0.0100% | 8h | $1.6M | $286K | 20x | as long as short |
| tradeXYZ xyz:META | −0.029% | +0.0050% | 1h | $77.9M | $91.5M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster METAUSDT | −0.029% | 0.0000% | 8h | $460K | $430K | 20x | as long as short |
| Paradex META-USD-PERP | −0.020% | +0.0050% | 8h | — | — | 5x | as long as short |
| OKX META-USDT-SWAP | −0.016% | 0.0000% | 8h | $6.1M | $12.2M | 20x | as long as short |
| Extended META_24_5-USD | −0.014% | 0.0000% | 1h | $554K | $1.4M | 17x | as long as short |
| Ondo Perps META-USD.P | −0.012% | +0.0050% | 1h | $715K | $3.6M | 10x | as long as short |
| Arcus META-USDshort | −0.007% | +0.0478% | 1h | $267K | $308K | 10x | |
| ApeX Omni METAUSDT | −0.003% | +0.0100% | 1h | $167K | $71K | 50x | as long as short |
| SunX META-USDT | −0.001% | 0.0000% | 8h | $965 | $9.4M | 20x | as long as short |
| Bybit METAUSDTlong | 0.000% | 0.0000% | 8h | $8.2M | $11.6M | 100x | |
| HTX META-USDT | +0.001% | 0.0000% | 8h | $106K | $280K | 30x | as long as short |
| Lighter RH META | +0.003% | +0.0032% | 1h | $739K | $3.0M | 20x | as long as short |
| Aevo META-PERP | +0.004% | +0.0104% | 1h | $269 | — | 10x | as long as short |
| SoDEX META-USD | +0.005% | +0.0050% | 1h | $25K | $3K | 10x | as long as short |
| Bitget METAUSDT | +0.008% | 0.0000% | 8h | $5.8M | $9.4M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.015% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Binance METAUSDT | +0.016% | 0.0000% | 8h | $27.9M | $152.9M | 20x | as long as short |
| QFEX META-USD | +0.017% | +0.0026% | 1h | $2.2M | $12.2M | 10x | as long as short |
| Polymarket Perps META-USD | +0.017% | +0.0050% | 1h | $545K | $835K | 10x | as long as short |
| Lighter META | +0.023% | +0.0056% | 1h | $862K | $2.5M | 20x | as long as short |
| Popdex METAUSDT | +0.025% | +0.0048% | 1h | $176K | $192K | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.036% | +0.0100% | 8h | $1K | $24 | 10x | as long as short |
| Vest META-USD-PERP | +0.067% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Phemex METAUSDT | +0.079% | 0.0000% | 4h | $2.0M | $6K | 10x | as long as short |
| Aftermath Perps METAUSD | +0.079% | +0.0294% | 1h | $44K | $46K | 10x | as long as short |
| Variational Omni META | +0.105% | 0.0000% | 8h | $1.6M | $2.2M | — | as long as short |