After costs, if the gap returns to its 7d average, $10k−$13
spread now−0.008%7d average+0.002%fees + slippage, in and out−$12spread needed0.118%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended META_24_5-USD | 742.24 | 0 | get 0.0000% / 1h | 50m 12s | $550K | $1.4M | 17x |
| Short | Lighter META | 742.18 | 0.0048 | get 0.0006% / 1h | 50m 12s | $854K | $2.4M | 20x |
Extended META_24_5-USD
Lighter METAPrice 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
- −$0.83
- Funding while held
- $1.44
- Slippage, 4 orders
- −$6.82
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.21
- Spread needed to break even
- 0.118%
Slippage from Extended: live order book, 5 min ago; Lighter: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.44
- 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 Extended live order book, 5 min ago | 0.07 bp | 5.4 bp −$5 | 32.6 bp −$326 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 0.34 bp | 0.6 bp −$1 | 2.6 bp −$26 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.HTX741.70cheapestDeribit741.85+0.020%Bybit741.89+0.026%OKX741.91+0.028%SoDEX741.91+0.028%Gate741.92+0.030%KuCoin741.95+0.034%Coinbase International741.96+0.035%Binance741.98+0.038%Lighter RH742.05+0.047%Bitget742.08+0.051%Variational Omni742.08+0.052%Nado742.16+0.062%
HTX
Deribit
Bybit
OKX
SoDEX
Gate
KuCoin
Coinbase International
Binance
Lighter RH
Bitget
Variational Omni
NadoLighter742.18+0.065%
Ondo Perps742.19+0.066%
Ondo PerpsExtended742.24+0.073%
Aevo742.27+0.077%BloFin742.27+0.077%tradeXYZ742.28+0.078%Phoenix742.39+0.093%SunX742.39+0.093%Hotstuff742.41+0.096%Orderly742.41+0.096%Arcus742.42+0.097%Paradex742.42+0.097%Aster742.42+0.098%Popdex742.44+0.100%QFEX742.53+0.112%Phemex742.56+0.116%Polymarket Perps742.58+0.119%ApeX Omni742.59+0.120%edgeX742.62+0.124%Vest742.97+0.171%Aftermath Perps743.00+0.176%Injective743.78+0.280%
Aevo
BloFin
tradeXYZ
Phoenix
SunX
Hotstuff
Orderly
Arcus
Paradex
Aster
Popdex
QFEX
Phemex
Polymarket Perps
ApeX Omni
Vest
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX META-USDT | −0.073% | 0.0000% | 8h | $105K | $279K | 30x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.053% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Bybit METAUSDT | −0.047% | 0.0000% | 8h | $7.9M | $10.6M | 100x | as long as short |
| OKX META-USDT-SWAP | −0.045% | 0.0000% | 8h | $5.9M | $11.2M | 20x | as long as short |
| SoDEX META-USD | −0.045% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Gate META_USDT | −0.043% | 0.0000% | 8h | $340K | $4.5M | 100x | as long as short |
| KuCoin METAUSDTM | −0.039% | +0.0100% | 8h | $1.6M | $273K | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.038% | +0.0048% | 1h | $633K | $6.3M | 10x | as long as short |
| Binance METAUSDT | −0.035% | 0.0000% | 8h | $26.7M | $141.9M | 20x | as long as short |
| Lighter RH META | −0.026% | +0.0032% | 1h | $689K | $2.8M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget METAUSDT | −0.022% | 0.0000% | 8h | $5.7M | $9.0M | 100x | as long as short |
| Variational Omni META | −0.021% | 0.0000% | 8h | $1.5M | $2.2M | — | as long as short |
| Nado META-PERP | −0.011% | −0.0020% | 1h | $392K | $173K | 20x | as long as short |
| Lighter METAshort | −0.008% | +0.0048% | 1h | $854K | $2.4M | 20x | |
| Ondo Perps META-USD.P | −0.007% | +0.0050% | 1h | $737K | $3.3M | 10x | as long as short |
| Extended META_24_5-USDlong | 0.000% | 0.0000% | 1h | $550K | $1.4M | 17x | |
| Aevo META-PERP | +0.004% | +0.0104% | 1h | $267 | — | 10x | as long as short |
| BloFin META-USDT | +0.004% | −0.0009% | 8h | $331K | $955K | 20x | as long as short |
| tradeXYZ xyz:META | +0.005% | +0.0050% | 1h | $71.3M | $73.5M | 20x | as long as short |
| Phoenix META | +0.020% | 0.0000% | 1h | $274K | $618K | 20x | as long as short |
| SunX META-USDT | +0.020% | 0.0000% | 8h | $993 | $9.4M | 20x | as long as short |
| Hotstuff META-PERP | +0.023% | +0.0096% | 1h | $33K | $105 | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.023% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Arcus META-USD | +0.024% | +0.0478% | 1h | $270K | $302K | 10x | as long as short |
| Paradex META-USD-PERP | +0.024% | +0.0051% | 8h | — | — | 5x | as long as short |
| Aster METAUSDT | +0.025% | 0.0000% | 8h | $457K | $265K | 20x | as long as short |
| Popdex METAUSDT | +0.027% | +0.0048% | 1h | $172K | $184K | 20x | as long as short |
| QFEX META-USD | +0.039% | +0.0026% | 1h | $2.0M | $10.9M | 10x | as long as short |
| Phemex METAUSDT | +0.043% | 0.0000% | 4h | $2.0M | $6K | 10x | as long as short |
| Polymarket Perps META-USD | +0.046% | +0.0050% | 1h | $672K | $520K | 10x | as long as short |
| ApeX Omni METAUSDT | +0.047% | +0.0100% | 1h | $166K | $72K | 50x | as long as short |
| edgeX METAUSDC | +0.051% | +0.0209% | 4h | $62K | $327K | 10x | as long as short |
| Vest META-USD-PERP | +0.098% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Aftermath Perps METAUSD | +0.102% | +0.0296% | 1h | $44K | $46K | 10x | as long as short |
| Injective META/USDC PERP | +0.207% | +0.0220% | 1h | $169K | $76K | 30x | as long as short |