After costs, if the gap returns to its 7d average, $10k−$3
spread now+0.236%7d average+0.016%fees + slippage, in and out−$25spread needed0.246%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX METAUSDC | 725.88 | 0.0604 | pay 0.0302% / 4h | 3h 35m | $61K | $324K | 10x |
| Short | Lighter RH META | 727.59 | 0.0032 | get 0.0004% / 1h | 35m 56s | $653K | $2.6M | 20x |
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
- $23.6
- Funding while held
- −$17.16
- Slippage, 4 orders
- −$15.64
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$18.19
- Spread needed to break even
- 0.246%
Slippage from edgeX: live order book, 9 min ago; Lighter RH: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0572%
- Per $10,000 a day
- −$17.16
- 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 | 5.10 bp | 9.7 bp −$10 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.86 bp | 3.3 bp −$3 | 7.4 bp −$74 | 37.5 bp −$3,747 | 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 | |
|---|---|---|---|---|---|---|---|
| edgeX METAUSDClong | 0.000% | +0.0604% | 4h | $61K | $324K | 10x | |
| Variational Omni META | +0.038% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| ApeX Omni METAUSDT | +0.071% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| Phoenix META | +0.087% | +0.0100% | 1h | $283K | $361K | 20x | as long as short |
| Nado META-PERP | +0.109% | +0.0024% | 1h | $394K | $121K | 20x | as long as short |
| Aftermath Perps METAUSD | +0.123% | +0.0244% | 1h | $44K | $47K | 10x | as long as short |
| Phemex METAUSDT | +0.130% | −0.0022% | 4h | $1.9M | $5K | 10x | as long as short |
| QFEX META-USD | +0.141% | +0.0016% | 1h | $1.8M | $7.5M | 10x | as long as short |
| Paradex META-USD-PERP | +0.143% | +0.0051% | 8h | — | — | 5x | as long as short |
| Gate META_USDT | +0.157% | 0.0000% | 8h | $373K | $3.6M | 100x | as long as short |
Lighter RH META
Variational Omni
ApeX Omni
Phoenix
Phemex
Paradex
Gate
Popdex
KuCoin
Deribit
HTX
SunX
Bybit
Polymarket Perps
Aster
Bitget
Extended
SoDEX
Binance
tradeXYZ
Lighter
OKX
Injective
BloFin
Coinbase International