data as of
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Price arb /

META

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$104
spread now+0.040%7d average+0.393%fees + slippage, in and out−$68spread needed0.684%
Long on DeribitShort on Injective
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit META_USDC-PERPETUAL725.360get 0.0000% / 1h44m 25s$28K$259K10x
ShortInjective META/USDC PERP725.650.0220get 0.0028% / 1h44m 25s$165K$135K30x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$4
Funding while held
$6.6
Slippage, 4 orders
−$61.41
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$57.83
Spread needed to break even
0.684%
Slippage from Deribit: live order book, 6 min ago; Injective: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
+0.0220%
Per $10,000 a day
+$6.60
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 6 min ago3.66 bp7.2 bp −$78.0 bp −$80doesn't fitdoesn't fit
Sell Injective live order book, 1 min ago19.17 bp34.9 bp −$35doesn't fitdoesn't fitdoesn't fit

META price on every exchange

against the cheapest. Click to use as the short leg.
HTX724.04cheapestBloFin724.24+0.028%Ondo Perps724.33+0.040%SoDEX724.36+0.044%Coinbase International724.36+0.044%SunX724.46+0.058%Phemex724.51+0.065%Aftermath Perps724.53+0.067%ApeX Omni724.53+0.068%Phoenix724.63+0.081%Nado724.69+0.090%Hotstuff724.70+0.091%Paradex724.73+0.095%Lighter724.83+0.109%Extended724.86+0.113%Lighter RH724.86+0.113%KuCoin724.86+0.113%Gate724.94+0.124%edgeX725.00+0.132%QFEX725.02+0.135%Arcus725.03+0.137%Popdex725.31+0.175%Bybit725.32+0.177%tradeXYZ725.33+0.178%
Deribit725.36+0.182%
Aster725.43+0.192%Aevo725.43+0.192%Binance725.45+0.194%OKX725.45+0.195%Bitget725.46+0.196%Polymarket Perps725.46+0.196%Vest725.52+0.204%Orderly725.61+0.217%
Injective725.65+0.222%
Variational Omni725.85+0.249%

META on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX META-USDT−0.182%0.0000%8h$103K$269K30xas long as short
BloFin META-USDT−0.154%−0.0120%8h$324K$561K20xas long as short
Ondo Perps META-USD.P−0.142%+0.0050%1h$847K$2.7M10xas long as short
SoDEX META-USD−0.138%+0.0050%1h$24K$3K10xas long as short
Coinbase International META-PERP-INTX−0.138%+0.0040%1h$699K$5.5M10xas long as short
SunX META-USDT−0.124%0.0000%8h$781$9.2M20xas long as short
Phemex METAUSDT−0.117%0.0000%4h$1.9M$5K10xas long as short
Aftermath Perps METAUSD−0.115%+0.0230%1h$43K$47K10xas long as short
ApeX Omni METAUSDT−0.114%+0.0100%1h$133K$56K50xas long as short
Phoenix META−0.101%+0.0100%1h$282K$361K20xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Nado META-PERP−0.093%+0.0016%1h$393K$121K20xas long as short
Hotstuff META-PERP−0.091%+0.0104%1h$32K$10520xas long as short
Paradex META-USD-PERP−0.087%+0.0051%8h——5xas long as short
Lighter META−0.073%+0.0032%1h$697K$2.2M20xas long as short
Extended META_24_5-USD−0.069%0.0000%1h$521K$1.4M17xas long as short
Lighter RH META−0.069%+0.0032%1h$635K$2.6M20xas long as short
KuCoin METAUSDTM−0.069%+0.0100%8h$1.4M$184K20xas long as short
Gate META_USDT−0.058%0.0000%8h$372K$3.6M100xas long as short
edgeX METAUSDC−0.050%+0.0879%4h$61K$325K10xas long as short
QFEX META-USD−0.047%+0.0016%1h$1.8M$7.2M10xas long as short
Arcus META-USD−0.045%+0.0040%1h$280K$275K10xas long as short
Popdex METAUSDT−0.007%+0.0048%1h$173K$160K20xas long as short
Bybit METAUSDT−0.006%0.0000%8h$7.6M$8.6M100xas long as short
tradeXYZ xyz:META−0.004%+0.0050%1h$65.0M$49.8M20xas long as short
Deribit META_USDC-PERPETUALlong0.000%0.0000%1h$28K$259K10x
Aster METAUSDT+0.009%0.0000%8h$446K$94K20xas long as short
Aevo META-PERP+0.010%+0.0104%1h$261—10xas long as short
Binance METAUSDT+0.012%0.0000%8h$25.6M$106.9M20xas long as short
OKX META-USDT-SWAP+0.012%0.0000%8h$5.8M$9.4M20xas long as short
Bitget METAUSDT+0.014%0.0000%8h$5.1M$7.1M100xas long as short
Polymarket Perps META-USD+0.014%+0.0050%1h$659K$470K10xas long as short
Vest META-USD-PERP+0.022%+0.0046%1h—$6K25xas long as short
Orderly PERP_META_USDC_mythos+0.034%+0.0100%8h$1K—10xas long as short
Injective META/USDC PERPshort+0.040%+0.0220%1h$165K$135K30x
Variational Omni META+0.067%0.0000%8h$1.3M$2.1M—as long as short