After costs, if the gap returns to its 7d average, $10k−$19
spread now+0.145%7d average+0.017%fees + slippage, in and out−$32spread needed0.316%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX METAUSDC | 741.99 | 0.0262 | pay 0.0131% / 4h | 1h 47m | $62K | $328K | 10x |
| Short | Popdex METAUSDT | 743.07 | 0.0048 | get 0.0006% / 1h | 47m 26s | $172K | $185K | 20x |
Popdex 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
- $14.52
- Funding while held
- −$6.41
- Slippage, 4 orders
- −$16.22
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$23.51
- Spread needed to break even
- 0.316%
Slippage from edgeX: live order book, 52 min ago; Popdex: live order book, 53 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0214%
- Per $10,000 a day
- −$6.41
- 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, 52 min ago | 5.51 bp | 10.1 bp −$10 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 53 min ago | 1.02 bp | 6.5 bp −$6 | 16.1 bp −$161 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Phoenix741.90cheapestHTX741.94+0.005%ApeX Omni741.95+0.007%Coinbase International741.96+0.008%Variational Omni742.08+0.025%Nado742.09+0.025%BloFin742.13+0.031%SunX742.15+0.034%Aevo742.20+0.040%Hotstuff742.33+0.058%Ondo Perps742.62+0.097%SoDEX742.65+0.101%Deribit742.72+0.111%Extended742.74+0.113%Paradex742.76+0.116%Gate742.77+0.117%Aster742.78+0.119%Phemex742.87+0.131%Lighter RH742.99+0.147%Arcus743.00+0.148%Lighter743.03+0.152%QFEX743.04+0.154%
Phoenix
HTX
ApeX Omni
Coinbase International
Variational Omni
Nado
BloFin
SunX
Aevo
Hotstuff
Ondo Perps
SoDEX
Deribit
Extended
Paradex
Gate
Aster
Phemex
Lighter RH
Arcus
Lighter
QFEXPopdex743.07+0.158%
KuCoin743.07+0.158%Aftermath Perps743.08+0.159%tradeXYZ743.18+0.173%Bybit743.26+0.183%Binance743.29+0.187%Bitget743.31+0.190%OKX743.36+0.197%Orderly743.48+0.213%Polymarket Perps743.50+0.216%Vest743.68+0.240%Injective743.78+0.253%
KuCoin
tradeXYZ
Bybit
Binance
Bitget
OKX
Orderly
Polymarket Perps
Vest
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix META | −0.012% | 0.0000% | 1h | $274K | $618K | 20x | as long as short |
| HTX META-USDT | −0.007% | 0.0000% | 8h | $105K | $279K | 30x | as long as short |
| ApeX Omni METAUSDT | −0.006% | +0.0100% | 1h | $166K | $72K | 50x | as long as short |
| Coinbase International META-PERP-INTX | −0.004% | +0.0048% | 1h | $633K | $6.3M | 10x | as long as short |
| edgeX METAUSDClong | 0.000% | +0.0262% | 4h | $62K | $328K | 10x | |
| Variational Omni META | +0.012% | 0.0000% | 8h | $1.5M | $2.2M | — | as long as short |
| Nado META-PERP | +0.013% | −0.0019% | 1h | $392K | $173K | 20x | as long as short |
| BloFin META-USDT | +0.019% | +0.0027% | 8h | $331K | $957K | 20x | as long as short |
| SunX META-USDT | +0.021% | 0.0000% | 8h | $888 | $9.4M | 20x | as long as short |
| Aevo META-PERP | +0.028% | +0.0104% | 1h | $267 | — | 10x | as long as short |