After costs, if the gap returns to its 7d average, $10k−$20
spread now+0.132%7d average+0.006%fees + slippage, in and out−$32spread needed0.324%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX METAUSDC | 725.00 | 0.0879 | pay 0.0439% / 4h | 3h 43m | $61K | $325K | 10x |
| Short | Binance METAUSDT | 725.95 | 0 | get 0.0000% / 8h | 7h 43m | $25.6M | $107.0M | 20x |
Binance METAUSDTPrice 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
- $13.15
- Funding while held
- −$26.36
- Slippage, 4 orders
- −$13.39
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$45.59
- Spread needed to break even
- 0.324%
Slippage from edgeX: live order book, 66 min ago; Binance: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0879%
- Per $10,000 a day
- −$26.36
- 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 edgeX live order book, 66 min ago | 5.93 bp | 10.5 bp −$11 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.28 bp | 5.8 bp −$6 | 13.5 bp −$135 | 50.2 bp −$5,022 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.BloFin724.24cheapestOndo Perps724.33+0.012%Aftermath Perps724.53+0.039%ApeX Omni724.53+0.040%Phoenix724.63+0.054%Nado724.69+0.062%Hotstuff724.70+0.064%Paradex724.73+0.067%QFEX725.02+0.108%Arcus725.03+0.109%Gate725.07+0.115%KuCoin725.20+0.133%Popdex725.31+0.148%Deribit725.36+0.155%SoDEX725.39+0.159%Phemex725.42+0.163%Aevo725.43+0.165%Aster725.46+0.168%Polymarket Perps725.46+0.168%Coinbase International725.48+0.171%Lighter725.50+0.174%Lighter RH725.51+0.175%Vest725.52+0.177%tradeXYZ725.53+0.178%Bitget725.57+0.184%Orderly725.61+0.189%Injective725.65+0.195%SunX725.67+0.197%Bybit725.70+0.202%HTX725.73+0.206%Variational Omni725.85+0.222%
BloFin
Ondo Perps
ApeX Omni
Phoenix
Nado
Hotstuff
Paradex
QFEX
Arcus
Gate
KuCoin
Popdex
Deribit
SoDEX
Phemex
Aevo
Aster
Polymarket Perps
Coinbase International
Lighter
Lighter RH
Vest
tradeXYZ
Bitget
Orderly
Injective
SunX
Bybit
HTX
Variational OmniBinance725.95+0.236%
Extended726.02+0.246%OKX726.18+0.268%
Extended
OKXMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.105% | −0.0120% | 8h | $324K | $561K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.092% | +0.0050% | 1h | $847K | $2.7M | 10x | as long as short |
| Aftermath Perps METAUSD | −0.065% | +0.0230% | 1h | $43K | $47K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.065% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| Phoenix META | −0.051% | +0.0100% | 1h | $282K | $361K | 20x | as long as short |
| Nado META-PERP | −0.043% | +0.0016% | 1h | $393K | $121K | 20x | as long as short |
| Hotstuff META-PERP | −0.041% | +0.0104% | 1h | $32K | $105 | 20x | as long as short |
| Paradex META-USD-PERP | −0.037% | +0.0051% | 8h | — | — | 5x | as long as short |
| edgeX METAUSDClong | 0.000% | +0.0879% | 4h | $61K | $325K | 10x | |
| QFEX META-USD | +0.003% | +0.0016% | 1h | $1.8M | $7.2M | 10x | as long as short |