After costs, if the gap returns to its 7d average, $10k−$48
spread now+0.069%7d average+0.062%fees + slippage, in and out−$49spread needed0.485%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate META_USDT | 679.78 | 0 | get 0.0000% / 8h | 2h 34m | $451K | $1.4M | 100x |
| Short | Binance METAUSDT | 680.25 | 0.0066 | get 0.0066% / 8h | 2h 34m | $24.2M | $36.3M | 20x |
Gate META_USDT
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
- $6.93
- Funding while held
- $1.98
- Slippage, 4 orders
- −$23.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.63
- Spread needed to break even
- 0.485%
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0066%
- Per $10,000 a day
- +$1.98
- 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 Gate live order book, 4 min ago | 8.16 bp | 19.3 bp −$19 | 48.0 bp −$480 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.07 bp | 7.2 bp −$7 | 12.5 bp −$125 | 45.1 bp −$4,514 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Gate679.78cheapest
Vest679.86+0.012%Nado679.90+0.018%Ondo Perps679.91+0.019%Deribit679.92+0.021%Polymarket Perps680.00+0.032%Paradex680.01+0.034%Hotstuff680.02+0.035%KuCoin680.02+0.035%HTX680.02+0.035%Extended680.04+0.038%Variational Omni680.07+0.042%tradeXYZ680.07+0.043%Bybit680.10+0.047%SoDEX680.12+0.050%Aevo680.16+0.056%QFEX680.17+0.057%BloFin680.17+0.057%Arcus680.18+0.059%Bitget680.19+0.060%Orderly680.19+0.060%OKX680.22+0.065%Popdex680.22+0.065%Coinbase International680.22+0.065%
Vest
Nado
Ondo Perps
Deribit
Polymarket Perps
Paradex
Hotstuff
KuCoin
HTX
Extended
Variational Omni
tradeXYZ
Bybit
SoDEX
Aevo
QFEX
BloFin
Arcus
Bitget
Orderly
OKX
Popdex
Coinbase InternationalBinance680.25+0.069%
SunX680.26+0.071%Lighter680.27+0.072%Lighter RH680.31+0.078%ApeX Omni680.43+0.096%Aftermath Perps680.49+0.105%edgeX680.76+0.144%Phoenix680.95+0.172%Injective680.99+0.178%Phemex681.05+0.187%Aster681.58+0.264%
SunX
Lighter
Lighter RH
ApeX Omni
Phoenix
Injective
Phemex
AsterMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDTlong | 0.000% | 0.0000% | 8h | $451K | $1.4M | 100x | |
| Vest META-USD-PERP | +0.012% | +0.0046% | 1h | — | $3K | 25x | as long as short |
| Nado META-PERP | +0.018% | +0.0073% | 1h | $426K | $55K | 20x | as long as short |
| Ondo Perps META-USD.P | +0.019% | +0.0050% | 1h | $1.1M | $1.8M | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.021% | 0.0000% | 1h | $35K | $228K | 10x | as long as short |
| Polymarket Perps META-USD | +0.032% | +0.0072% | 1h | $623K | $388K | 10x | as long as short |
| Paradex META-USD-PERP | +0.034% | +0.0060% | 8h | — | — | 5x | as long as short |
| Hotstuff META-PERP | +0.035% | +0.0072% | 1h | $30K | — | 20x | as long as short |
| KuCoin METAUSDTM | +0.035% | +0.0100% | 8h | $1.4M | $72K | 20x | as long as short |
| HTX META-USDT | +0.035% | 0.0000% | 8h | $104K | $234K | 30x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended META_24_5-USD | +0.038% | +0.0064% | 1h | $498K | $1.2M | 17x | as long as short |
| Variational Omni META | +0.042% | +0.0006% | 8h | $1.6M | $1.1M | — | as long as short |
| tradeXYZ xyz:META | +0.043% | +0.0105% | 1h | $71.9M | $21.1M | 20x | as long as short |
| Bybit METAUSDT | +0.047% | +0.0133% | 8h | $6.7M | $3.9M | 100x | as long as short |
| SoDEX META-USD | +0.050% | +0.0050% | 1h | $23K | $3K | 10x | as long as short |
| Aevo META-PERP | +0.056% | +0.0104% | 1h | $245 | — | 10x | as long as short |
| QFEX META-USD | +0.057% | +0.0050% | 1h | $1.8M | $3.9M | 10x | as long as short |
| BloFin META-USDT | +0.057% | −0.0054% | 8h | $328K | $293K | 20x | as long as short |
| Arcus META-USD | +0.059% | +0.0472% | 1h | $269K | $216K | 10x | as long as short |
| Bitget METAUSDT | +0.060% | +0.0014% | 8h | $4.7M | $3.9M | 100x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.060% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| OKX META-USDT-SWAP | +0.065% | 0.0000% | 8h | $5.8M | $4.3M | 20x | as long as short |
| Popdex METAUSDT | +0.065% | +0.0160% | 1h | $163K | $133K | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.065% | +0.0104% | 1h | $718K | $2.9M | 10x | as long as short |
| Binance METAUSDTshort | +0.069% | +0.0066% | 8h | $24.2M | $36.3M | 20x | |
| SunX META-USDT | +0.071% | 0.0000% | 8h | $552 | $4.5M | 20x | as long as short |
| Lighter META | +0.072% | +0.0152% | 1h | $687K | $1.6M | 20x | as long as short |
| Lighter RH META | +0.078% | +0.0032% | 1h | $932K | $1.6M | 20x | as long as short |
| ApeX Omni METAUSDT | +0.096% | +0.0100% | 1h | $83K | $34K | 50x | as long as short |
| Aftermath Perps METAUSD | +0.105% | +0.0047% | 1h | $39K | $45K | 10x | as long as short |
| edgeX METAUSDC | +0.144% | +0.0997% | 4h | $57K | $322K | 10x | as long as short |
| Phoenix META | +0.172% | +0.0211% | 1h | $254K | $145K | 20x | as long as short |
| Injective META/USDC PERP | +0.178% | +0.0220% | 1h | $206K | $149K | 30x | as long as short |
| Phemex METAUSDT | +0.187% | 0.0000% | 4h | $1.8M | $4K | 10x | as long as short |
| Aster METAUSDT | +0.264% | 0.0000% | 8h | $451K | $7K | 20x | as long as short |