After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.106%7d average+0.075%fees + slippage, in and out−$53spread needed0.532%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate META_USDT | 725.92 | 0 | get 0.0000% / 8h | 7h 42m | $370K | $3.6M | 100x |
| Short | BloFin META-USDT | 726.69 | −0.0120 | pay 0.0120% / 8h | 7h 42m | $325K | $565K | 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
- $10.61
- Funding while held
- −$3.6
- Slippage, 4 orders
- −$26.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$46.23
- Spread needed to break even
- 0.532%
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 65 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0120%
- Per $10,000 a day
- −$3.60
- 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, 2 min ago | 5.24 bp | 16.5 bp −$16 | 41.5 bp −$415 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 65 min ago | 1.83 bp | 9.5 bp −$9 | 15.5 bp −$155 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| ApeX Omni METAUSDT | −0.191% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| Hotstuff META-PERP | −0.168% | +0.0104% | 1h | $32K | $105 | 20x | as long as short |
| edgeX METAUSDC | −0.127% | +0.0879% | 4h | $61K | $325K | 10x | as long as short |
| Aftermath Perps METAUSD | −0.126% | +0.0230% | 1h | $43K | $47K | 10x | as long as short |
| KuCoin METAUSDTM | −0.058% | +0.0100% | 8h | $1.4M | $185K | 20x | as long as short |
| Phoenix META | −0.037% | +0.0100% | 1h | $282K | $361K | 20x | as long as short |
| Coinbase International META-PERP-INTX | −0.022% | +0.0040% | 1h | $700K | $5.5M | 10x | as long as short |
| Variational Omni META | −0.010% | 0.0000% | 8h | $1.3M | $2.1M | — | as long as short |
| Bitget METAUSDT | −0.007% | 0.0000% | 8h | $5.1M | $7.2M | 100x | as long as short |
| tradeXYZ xyz:META | −0.004% | +0.0050% | 1h | $65.9M | $50.9M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDTlong | 0.000% | 0.0000% | 8h | $370K | $3.6M | 100x | |
| Aster METAUSDT | 0.000% | 0.0000% | 8h | $446K | $94K | 20x | as long as short |
| Bybit METAUSDT | +0.011% | 0.0000% | 8h | $7.6M | $8.7M | 100x | as long as short |
| Lighter META | +0.015% | +0.0032% | 1h | $698K | $2.2M | 20x | as long as short |
| Lighter RH META | +0.023% | +0.0032% | 1h | $636K | $2.6M | 20x | as long as short |
| Paradex META-USD-PERP | +0.026% | +0.0051% | 8h | — | — | 5x | as long as short |
| Ondo Perps META-USD.P | +0.028% | +0.0050% | 1h | $847K | $2.8M | 10x | as long as short |
| Nado META-PERP | +0.032% | +0.0018% | 1h | $394K | $121K | 20x | as long as short |
| Extended META_24_5-USD | +0.034% | 0.0000% | 1h | $521K | $1.4M | 17x | as long as short |
| Binance METAUSDT | +0.040% | 0.0000% | 8h | $25.4M | $107.4M | 20x | as long as short |
| Arcus META-USD | +0.043% | +0.0040% | 1h | $281K | $275K | 10x | as long as short |
| OKX META-USDT-SWAP | +0.062% | 0.0000% | 8h | $5.8M | $9.4M | 20x | as long as short |
| Phemex METAUSDT | +0.073% | −0.0356% | 4h | $1.9M | $5K | 10x | as long as short |
| HTX META-USDT | +0.090% | 0.0000% | 8h | $103K | $269K | 30x | as long as short |
| Vest META-USD-PERP | +0.094% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| SoDEX META-USD | +0.095% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.101% | +0.0067% | 1h | $28K | $259K | 10x | as long as short |
| BloFin META-USDTshort | +0.106% | −0.0120% | 8h | $325K | $565K | 20x | |
| Aevo META-PERP | +0.113% | +0.0104% | 1h | $262 | — | 10x | as long as short |
| SunX META-USDT | +0.124% | 0.0000% | 8h | $691 | $9.2M | 20x | as long as short |
| Polymarket Perps META-USD | +0.129% | +0.0050% | 1h | $661K | $471K | 10x | as long as short |
| QFEX META-USD | +0.131% | +0.0016% | 1h | $1.8M | $7.3M | 10x | as long as short |
| Popdex METAUSDT | +0.135% | +0.0048% | 1h | $173K | $160K | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.136% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Injective META/USDC PERP | +0.143% | +0.0220% | 1h | $165K | $135K | 30x | as long as short |
Gate META_USDT
BloFin META-USDT
ApeX Omni
KuCoin
Phoenix
Coinbase International
Variational Omni
Bitget
tradeXYZ
Aster
Bybit
Lighter
Lighter RH
Paradex
Extended
Binance
OKX
Phemex
HTX
SoDEX
Deribit
SunX
Polymarket Perps
Popdex
Injective