After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.053%7d average+0.011%fees + slippage, in and out−$40spread needed0.400%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX METAUSDC | 747.92 | 0.0634 | pay 0.0317% / 4h | 1h 25m | $62K | $326K | 10x |
| Short | Bitget METAUSDT | 747.53 | 0 | get 0.0000% / 8h | 5h 25m | $5.8M | $9.4M | 100x |
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
- −$5.26
- Funding while held
- −$19.01
- Slippage, 4 orders
- −$18.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$64.27
- Spread needed to break even
- 0.400%
Slippage from edgeX: live order book, 9 min ago; Bitget: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0634%
- Per $10,000 a day
- −$19.01
- 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, 9 min ago | 5.43 bp | 10.1 bp −$10 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.40 bp | 8.6 bp −$9 | 22.3 bp −$223 | 51.0 bp −$5,101 | 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 | |
|---|---|---|---|---|---|---|---|
| Phoenix META | −0.225% | 0.0000% | 1h | $276K | $618K | 20x | as long as short |
| Variational Omni META | −0.113% | 0.0000% | 8h | $1.6M | $2.2M | — | as long as short |
| ApeX Omni METAUSDT | −0.079% | +0.0100% | 1h | $167K | $71K | 50x | as long as short |
| KuCoin METAUSDTM | −0.078% | +0.0100% | 8h | $1.6M | $281K | 20x | as long as short |
| Injective META/USDC PERP | −0.075% | +0.0220% | 1h | $170K | $76K | 30x | as long as short |
| Gate META_USDT | −0.069% | 0.0000% | 8h | $343K | $4.7M | 100x | as long as short |
| Aftermath Perps METAUSD | −0.061% | +0.0294% | 1h | $44K | $46K | 10x | as long as short |
| Bybit METAUSDT | −0.054% | 0.0000% | 8h | $8.1M | $11.0M | 100x | as long as short |
| Bitget METAUSDTshort | −0.053% | 0.0000% | 8h | $5.8M | $9.4M | 100x | |
| SoDEX META-USD | −0.053% | +0.0050% | 1h | $25K | $3K | 10x | as long as short |
Bitget METAUSDT
Phoenix
Variational Omni
ApeX Omni
KuCoin
Injective
Gate
Bybit
SoDEX
BloFin
Deribit
Binance
OKX
Extended
Coinbase International
Lighter RH
tradeXYZ
Aster
Lighter
HTX
Paradex
Polymarket Perps
Popdex
Phemex
SunX