After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.122%7d average+0.025%fees + slippage, in and out−$50spread needed0.497%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate META_USDT | 711.55 | 0 | get 0.0000% / 8h | 1h 34m | $395K | $2.8M | 100x |
| Short | Nado META-PERP | 712.42 | 0.0031 | get 0.0004% / 1h | 34m 42s | $442K | $69K | 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
- $12.17
- Funding while held
- $0.93
- Slippage, 4 orders
- −$27.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$36.63
- Spread needed to break even
- 0.497%
Slippage from Gate: live order book, 5 min ago; Nado: live order book, 20 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0031%
- Per $10,000 a day
- +$0.93
- 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 | 3.72 bp | 18.2 bp −$18 | 37.3 bp −$373 | doesn't fit | doesn't fit |
| Sell Nado live order book, 20 min ago | 1.47 bp | 6.8 bp −$7 | 17.7 bp −$177 | 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 | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.P | −0.062% | +0.0050% | 1h | $921K | $2.3M | 10x | as long as short |
| Extended META_24_5-USD | −0.007% | +0.0024% | 1h | $509K | $1.3M | 17x | as long as short |
| Arcus META-USD | −0.003% | +0.0356% | 1h | $283K | $240K | 10x | as long as short |
| Gate META_USDTlong | 0.000% | 0.0000% | 8h | $395K | $2.8M | 100x | |
| QFEX META-USD | +0.003% | +0.0033% | 1h | $1.8M | $5.2M | 10x | as long as short |
| KuCoin METAUSDTM | +0.006% | +0.0100% | 8h | $1.5M | $120K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.011% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Paradex META-USD-PERP | +0.017% | +0.0056% | 8h | — | — | 5x | as long as short |
| Binance METAUSDT | +0.035% | +0.0022% | 8h | $25.7M | $75.2M | 20x | as long as short |
| Lighter RH META | +0.038% | +0.0032% | 1h | $757K | $2.3M | 20x | as long as short |
Gate META_USDT
Extended
KuCoin
ApeX Omni
Paradex
Binance
Lighter RH
tradeXYZ
Bitget
Bybit
Phoenix
OKX
Lighter
Popdex
Aster
Coinbase International
Phemex
Deribit
SoDEX
HTX
BloFin
Variational Omni
Polymarket Perps
SunX
Injective