After costs, if the gap returns to its 7d average, $10k−$22
spread now+0.085%7d average−0.011%fees + slippage, in and out−$32spread needed0.315%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX META-USDT | 728.82 | 0 | get 0.0000% / 8h | 6h 57m | $103K | $270K | 30x |
| Short | Arcus META-USD | 729.44 | 0.0325 | get 0.0041% / 1h | 57m 58s | $271K | $292K | 10x |
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
- $8.51
- Funding while held
- $9.74
- Slippage, 4 orders
- −$15.05
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$13.3
- Spread needed to break even
- 0.315%
Slippage from HTX: live order book, 45 min ago; Arcus: live order book, 47 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0325%
- Per $10,000 a day
- +$9.74
- 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 HTX live order book, 45 min ago | 3.03 bp | 11.5 bp −$12 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 47 min ago | 2.35 bp | 5.2 bp −$5 | 11.5 bp −$115 | 16.7 bp −$1,675 | 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 | |
|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.084% | −0.0120% | 8h | $325K | $622K | 20x | as long as short |
| Variational Omni META | −0.080% | 0.0000% | 8h | $1.4M | $2.1M | — | as long as short |
| edgeX METAUSDC | −0.068% | +0.0186% | 4h | $61K | $327K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.054% | +0.0100% | 1h | $134K | $56K | 50x | as long as short |
| Gate META_USDT | −0.044% | 0.0000% | 8h | $352K | $3.9M | 100x | as long as short |
| Hotstuff META-PERP | −0.021% | +0.0048% | 1h | $33K | $105 | 20x | as long as short |
| Phoenix META | −0.019% | +0.0100% | 1h | $240K | $361K | 20x | as long as short |
| HTX META-USDTlong | 0.000% | 0.0000% | 8h | $103K | $270K | 30x | |
| KuCoin METAUSDTM | +0.022% | +0.0100% | 8h | $1.5M | $188K | 20x | as long as short |
| Ondo Perps META-USD.P | +0.025% | +0.0050% | 1h | $801K | $3.0M | 10x | as long as short |
HTX META-USDT
BloFin
Variational Omni
ApeX Omni
Gate
Phoenix
KuCoin
Aster
Deribit
Bybit
SoDEX
SunX
OKX
Popdex
Paradex
Coinbase International
tradeXYZ
Bitget
Polymarket Perps
Binance
Extended
Phemex
Lighter
Lighter RH
Injective