After costs, if the gap returns to its 7d average, $10k−$25
spread now+0.160%7d average+0.098%fees + slippage, in and out−$31spread needed0.315%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International META-PERP-INTX | 744.72 | 0.0048 | pay 0.0006% / 1h | 2m 16s | $648K | $6.5M | 10x |
| Short | Polymarket Perps META-USD | 745.91 | 0.0050 | get 0.0006% / 1h | 2m 16s | $544K | $835K | 10x |
Coinbase International META-PERP-INTX
Polymarket Perps 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
- $15.98
- Funding while held
- $0.06
- Slippage, 4 orders
- −$13.46
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$15.42
- Spread needed to break even
- 0.315%
Slippage from Coinbase International: live order book, 3 min ago; Polymarket Perps: live order book, 32 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0002%
- Per $10,000 a day
- +$0.06
- 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, 3 min ago | 2.68 bp | 7.7 bp −$8 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 32 min ago | 1.81 bp | 9.3 bp −$9 | 9.5 bp −$95 | 10.8 bp −$1,082 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Injective744.57cheapestBloFin744.63+0.008%
Injective
BloFinCoinbase International744.72+0.020%
HTX744.73+0.021%SoDEX744.76+0.026%SunX744.83+0.035%ApeX Omni744.94+0.050%Phemex745.11+0.073%edgeX745.11+0.073%Gate745.29+0.097%Ondo Perps745.54+0.130%Hotstuff745.56+0.133%tradeXYZ745.60+0.138%Phoenix745.68+0.149%KuCoin745.73+0.156%Extended745.74+0.156%OKX745.74+0.157%Arcus745.74+0.157%QFEX745.74+0.157%Aster745.76+0.159%Paradex745.79+0.163%Nado745.81+0.167%Binance745.82+0.168%Aevo745.83+0.170%Orderly745.87+0.175%Deribit745.87+0.175%Bitget745.88+0.176%Bybit745.89+0.177%
HTX
SoDEX
SunX
ApeX Omni
Phemex
Gate
Ondo Perps
Hotstuff
tradeXYZ
Phoenix
KuCoin
Extended
OKX
Arcus
QFEX
Aster
Paradex
Nado
Binance
Aevo
Orderly
Deribit
Bitget
BybitPolymarket Perps745.91+0.180%
Lighter RH745.96+0.187%Popdex746.00+0.192%Lighter746.16+0.214%Variational Omni746.17+0.215%Vest746.27+0.228%Aftermath Perps746.41+0.247%
Lighter RH
Popdex
Lighter
Variational Omni
VestMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.020% | +0.0220% | 1h | $169K | $76K | 30x | as long as short |
| BloFin META-USDT | −0.012% | −0.0120% | 8h | $336K | $1.0M | 20x | as long as short |
| Coinbase International META-PERP-INTXlong | 0.000% | +0.0048% | 1h | $648K | $6.5M | 10x | |
| HTX META-USDT | +0.001% | 0.0000% | 8h | $105K | $280K | 30x | as long as short |
| SoDEX META-USD | +0.005% | +0.0050% | 1h | $25K | $3K | 10x | as long as short |
| SunX META-USDT | +0.015% | 0.0000% | 8h | $968 | $9.4M | 20x | as long as short |
| ApeX Omni METAUSDT | +0.030% | +0.0100% | 1h | $167K | $71K | 50x | as long as short |
| Phemex METAUSDT | +0.052% | 0.0000% | 4h | $2.0M | $6K | 10x | as long as short |
| edgeX METAUSDC | +0.053% | +0.0745% | 4h | $62K | $328K | 10x | as long as short |
| Gate META_USDT | +0.077% | 0.0000% | 8h | $360K | $4.8M | 100x | as long as short |