After costs, if the gap returns to its 7d average, $10k−$29
spread now−0.013%7d average+0.038%fees + slippage, in and out−$24spread needed0.240%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit META_USDC-PERPETUAL | 710.86 | −0.0059 | get 0.0007% / 1h | 37m 03s | $29K | $253K | 10x |
| Short | Extended META_24_5-USD | 710.77 | 0 | get 0.0000% / 1h | 37m 03s | $515K | $1.3M | 17x |
Deribit META_USDC-PERPETUAL
Extended META_24_5-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
- −$1.3
- Funding while held
- $1.78
- Slippage, 4 orders
- −$11.97
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$23.49
- Spread needed to break even
- 0.240%
Slippage from Deribit: live order book, 18 min ago; Extended: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0059%
- Per $10,000 a day
- +$1.78
- 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 Deribit live order book, 18 min ago | 3.25 bp | 6.8 bp −$7 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.35 bp | 5.3 bp −$5 | 37.2 bp −$372 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.KuCoin710.61cheapestBybit710.62+0.001%Gate710.66+0.007%OKX710.70+0.013%
KuCoin
Bybit
Gate
OKXExtended710.77+0.022%
Deribit710.86+0.035%
Binance710.89+0.039%tradeXYZ710.90+0.041%Bitget710.90+0.041%SoDEX710.95+0.048%BloFin711.01+0.056%Aevo711.03+0.059%Lighter RH711.09+0.068%HTX711.09+0.068%Orderly711.13+0.073%Arcus711.14+0.075%Nado711.16+0.077%Lighter711.20+0.083%Ondo Perps711.21+0.084%SunX711.23+0.087%Paradex711.23+0.087%QFEX711.24+0.089%Popdex711.24+0.089%Polymarket Perps711.26+0.091%Hotstuff711.34+0.103%Aster711.35+0.104%Aftermath Perps711.47+0.121%Vest711.59+0.138%Coinbase International711.74+0.159%Phemex711.76+0.162%Variational Omni711.84+0.173%Injective712.37+0.248%edgeX712.71+0.296%ApeX Omni712.87+0.318%Phoenix713.38+0.390%
Binance
tradeXYZ
Bitget
SoDEX
BloFin
Aevo
Lighter RH
HTX
Orderly
Arcus
Nado
Lighter
Ondo Perps
SunX
Paradex
QFEX
Popdex
Polymarket Perps
Hotstuff
Aster
Vest
Coinbase International
Phemex
Variational Omni
Injective
ApeX Omni
PhoenixMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin METAUSDTM | −0.035% | +0.0100% | 8h | $1.5M | $138K | 20x | as long as short |
| Bybit METAUSDT | −0.034% | 0.0000% | 8h | $6.8M | $7.2M | 100x | as long as short |
| Gate META_USDT | −0.028% | 0.0000% | 8h | $384K | $3.2M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.023% | 0.0000% | 8h | $6.1M | $7.4M | 20x | as long as short |
| Extended META_24_5-USDshort | −0.013% | 0.0000% | 1h | $515K | $1.3M | 17x | |
| Deribit META_USDC-PERPETUALlong | 0.000% | −0.0059% | 1h | $29K | $253K | 10x | |
| Binance METAUSDT | +0.004% | 0.0000% | 8h | $25.6M | $92.4M | 20x | as long as short |
| tradeXYZ xyz:META | +0.006% | +0.0050% | 1h | $61.5M | $46.4M | 20x | as long as short |
| Bitget METAUSDT | +0.006% | 0.0000% | 8h | $4.9M | $5.9M | 100x | as long as short |
| SoDEX META-USD | +0.013% | +0.0050% | 1h | $23K | $3K | 10x | as long as short |