After costs, if the gap returns to its 7d average, $10k−$51
spread now+0.073%7d average+0.028%fees + slippage, in and out−$56spread needed0.559%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate META_USDT | 728.93 | 0 | get 0.0000% / 8h | 7h 14m | $362K | $3.8M | 100x |
| Short | Bybit METAUSDT | 729.46 | 0 | get 0.0000% / 8h | 7h 14m | $7.5M | $9.0M | 100x |
Gate META_USDT
Bybit 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
- $7.27
- Funding while held
- $0
- Slippage, 4 orders
- −$29.93
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$48.66
- Spread needed to break even
- 0.559%
Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 5 min ago | 5.84 bp | 18.6 bp −$19 | 44.8 bp −$448 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.96 bp | 10.0 bp −$10 | 19.0 bp −$190 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Hotstuff727.72cheapestOndo Perps727.95+0.032%BloFin728.00+0.038%edgeX728.44+0.099%ApeX Omni728.51+0.109%Variational Omni728.52+0.109%Phoenix728.56+0.115%Paradex728.60+0.120%Aftermath Perps728.75+0.141%Coinbase International728.77+0.144%Nado728.92+0.165%
Hotstuff
Ondo Perps
BloFin
ApeX Omni
Variational Omni
Phoenix
Paradex
Coinbase International
NadoGate728.93+0.166%
KuCoin728.93+0.166%HTX729.23+0.207%Aster729.25+0.210%tradeXYZ729.26+0.212%Bitget729.26+0.212%Phemex729.27+0.213%Aevo729.30+0.216%Binance729.36+0.225%Vest729.38+0.228%Deribit729.38+0.228%SoDEX729.41+0.232%QFEX729.45+0.238%
KuCoin
HTX
Aster
tradeXYZ
Bitget
Phemex
Aevo
Binance
Vest
Deribit
SoDEX
QFEXBybit729.46+0.239%
Polymarket Perps729.53+0.249%Popdex729.56+0.253%Orderly729.56+0.253%Extended729.59+0.257%Arcus729.59+0.257%OKX729.62+0.261%Lighter729.65+0.265%SunX729.67+0.268%Lighter RH729.69+0.271%Injective730.12+0.330%
Polymarket Perps
Popdex
Orderly
Extended
Arcus
OKX
Lighter
SunX
Lighter RH
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff META-PERP | −0.166% | −0.0032% | 1h | $33K | $105 | 20x | as long as short |
| Ondo Perps META-USD.P | −0.134% | +0.0050% | 1h | $848K | $2.8M | 10x | as long as short |
| BloFin META-USDT | −0.128% | −0.0120% | 8h | $327K | $610K | 20x | as long as short |
| edgeX METAUSDC | −0.068% | +0.0288% | 4h | $61K | $325K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.058% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| Variational Omni META | −0.057% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| Phoenix META | −0.051% | +0.0100% | 1h | $262K | $361K | 20x | as long as short |
| Paradex META-USD-PERP | −0.046% | +0.0051% | 8h | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | −0.025% | +0.0272% | 1h | $43K | $47K | 10x | as long as short |
| Coinbase International META-PERP-INTX | −0.022% | +0.0040% | 1h | $680K | $5.7M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado META-PERP | −0.002% | +0.0038% | 1h | $394K | $122K | 20x | as long as short |
| Gate META_USDTlong | 0.000% | 0.0000% | 8h | $362K | $3.8M | 100x | |
| KuCoin METAUSDTM | 0.000% | +0.0100% | 8h | $1.5M | $181K | 20x | as long as short |
| HTX META-USDT | +0.041% | 0.0000% | 8h | $103K | $270K | 30x | as long as short |
| Aster METAUSDT | +0.044% | 0.0000% | 8h | $448K | $113K | 20x | as long as short |
| tradeXYZ xyz:META | +0.045% | +0.0050% | 1h | $66.2M | $52.7M | 20x | as long as short |
| Bitget METAUSDT | +0.045% | 0.0000% | 8h | $5.2M | $7.5M | 100x | as long as short |
| Phemex METAUSDT | +0.047% | 0.0000% | 4h | $1.9M | $5K | 10x | as long as short |
| Aevo META-PERP | +0.050% | +0.0104% | 1h | $263 | — | 10x | as long as short |
| Binance METAUSDT | +0.059% | 0.0000% | 8h | $25.4M | $114.8M | 20x | as long as short |
| Vest META-USD-PERP | +0.062% | +0.0046% | 1h | — | $8K | 25x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.062% | 0.0000% | 1h | $28K | $265K | 10x | as long as short |
| SoDEX META-USD | +0.066% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| QFEX META-USD | +0.071% | +0.0016% | 1h | $1.8M | $7.9M | 10x | as long as short |
| Bybit METAUSDTshort | +0.073% | 0.0000% | 8h | $7.5M | $9.0M | 100x | |
| Polymarket Perps META-USD | +0.082% | +0.0050% | 1h | $663K | $480K | 10x | as long as short |
| Popdex METAUSDT | +0.086% | +0.0048% | 1h | $176K | $165K | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.086% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Extended META_24_5-USD | +0.090% | 0.0000% | 1h | $539K | $1.4M | 17x | as long as short |
| Arcus META-USD | +0.091% | +0.0040% | 1h | $272K | $291K | 10x | as long as short |
| OKX META-USDT-SWAP | +0.095% | 0.0000% | 8h | $5.9M | $9.6M | 20x | as long as short |
| Lighter META | +0.099% | +0.0032% | 1h | $701K | $2.2M | 20x | as long as short |
| SunX META-USDT | +0.102% | 0.0000% | 8h | $879 | $9.2M | 20x | as long as short |
| Lighter RH META | +0.104% | +0.0032% | 1h | $659K | $2.6M | 20x | as long as short |
| Injective META/USDC PERP | +0.163% | +0.0220% | 1h | $166K | $135K | 30x | as long as short |