After costs, if the gap returns to its 7d average, $10k−$105
spread now−0.026%7d average+0.194%fees + slippage, in and out−$83spread needed0.830%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International META-PERP-INTX | 722.41 | 0.0040 | pay 0.0005% / 1h | 55m 46s | $690K | $5.4M | 10x |
| Short | Aster METAUSDT | 722.22 | 0 | get 0.0000% / 8h | 7h 55m | $444K | $88K | 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
- −$2.58
- Funding while held
- −$1.2
- Slippage, 4 orders
- −$64.99
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$86.77
- Spread needed to break even
- 0.830%
Slippage from Coinbase International: live order book, 5 min ago; Aster: live order book, 19 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0040%
- Per $10,000 a day
- −$1.20
- 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 Coinbase International live order book, 5 min ago | 2.64 bp | 8.1 bp −$8 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Aster live order book, 19 min ago | 10.28 bp | 14.3 bp −$14 | 85.1 bp −$851 | 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 | |
|---|---|---|---|---|---|---|---|
| edgeX METAUSDC | −0.245% | +0.0903% | 4h | $61K | $326K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.130% | +0.0100% | 1h | $112K | $46K | 50x | as long as short |
| Injective META/USDC PERP | −0.093% | +0.0220% | 1h | $164K | $135K | 30x | as long as short |
| Aftermath Perps METAUSD | −0.077% | +0.0216% | 1h | $44K | $47K | 10x | as long as short |
| Phoenix META | −0.032% | +0.0100% | 1h | $281K | $361K | 20x | as long as short |
| Aster METAUSDTshort | −0.026% | 0.0000% | 8h | $444K | $88K | 20x | |
| KuCoin METAUSDTM | −0.025% | +0.0100% | 8h | $1.5M | $160K | 20x | as long as short |
| Bitget METAUSDT | −0.001% | 0.0000% | 8h | $5.3M | $6.9M | 100x | as long as short |
| Gate META_USDT | 0.000% | 0.0000% | 8h | $371K | $3.5M | 100x | as long as short |
| Coinbase International META-PERP-INTXlong | 0.000% | +0.0040% | 1h | $690K | $5.4M | 10x |
Coinbase International META-PERP-INTX
Aster METAUSDT
ApeX Omni
Injective
Phoenix
KuCoin
Bitget
Gate
Lighter RH
tradeXYZ
Bybit
Paradex
Lighter
OKX
Binance
Extended
BloFin
HTX
Variational Omni
Phemex
Deribit
Popdex
SoDEX
SunX
Polymarket Perps