After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.049%7d average+0.011%fees + slippage, in and out−$31spread needed0.312%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX META-USDT | 680.25 | 0 | get 0.0000% / 8h | 2h 31m | $104K | $234K | 30x |
| Short | Binance METAUSDT | 680.58 | 0.0059 | get 0.0059% / 8h | 2h 31m | $24.2M | $37.0M | 20x |
HTX 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
- $4.87
- Funding while held
- $1.78
- Slippage, 4 orders
- −$9.22
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$24.56
- Spread needed to break even
- 0.312%
Slippage from HTX: live order book, 26 min ago; Binance: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0059%
- Per $10,000 a day
- +$1.78
- 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, 26 min ago | 3.08 bp | 9.1 bp −$9 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 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.Injective679.78cheapestDeribit679.99+0.031%Variational Omni680.07+0.042%Vest680.09+0.046%Aevo680.15+0.055%ApeX Omni680.16+0.056%Gate680.18+0.059%Coinbase International680.22+0.065%
Injective
Deribit
Variational Omni
Vest
Aevo
ApeX Omni
Gate
Coinbase InternationalHTX680.25+0.069%
edgeX680.29+0.075%QFEX680.30+0.076%Extended680.33+0.082%BloFin680.35+0.084%Hotstuff680.38+0.088%Ondo Perps680.40+0.091%Orderly680.44+0.097%KuCoin680.45+0.099%OKX680.46+0.100%Polymarket Perps680.46+0.100%SunX680.46+0.100%SoDEX680.48+0.103%Paradex680.49+0.105%Bybit680.51+0.107%Nado680.52+0.108%Arcus680.53+0.110%Bitget680.58+0.118%
QFEX
Extended
BloFin
Hotstuff
Ondo Perps
Orderly
KuCoin
OKX
Polymarket Perps
SunX
SoDEX
Paradex
Bybit
Nado
Arcus
BitgetBinance680.58+0.118%
Lighter RH680.61+0.122%Aftermath Perps680.61+0.123%tradeXYZ680.64+0.127%Phemex680.66+0.129%Popdex680.71+0.137%Phoenix680.72+0.138%Lighter680.78+0.147%Aster681.77+0.292%
Lighter RH
tradeXYZ
Phemex
Popdex
Phoenix
Lighter
AsterMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.069% | +0.0220% | 1h | $205K | $149K | 30x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.038% | 0.0000% | 1h | $35K | $230K | 10x | as long as short |
| Variational Omni META | −0.027% | +0.0006% | 8h | $1.6M | $1.1M | — | as long as short |
| Vest META-USD-PERP | −0.024% | +0.0046% | 1h | — | $3K | 25x | as long as short |
| Aevo META-PERP | −0.014% | +0.0104% | 1h | $245 | — | 10x | as long as short |
| ApeX Omni METAUSDT | −0.013% | +0.0100% | 1h | $83K | $34K | 50x | as long as short |
| Gate META_USDT | −0.010% | 0.0000% | 8h | $450K | $1.4M | 100x | as long as short |
| Coinbase International META-PERP-INTX | −0.004% | +0.0104% | 1h | $704K | $3.0M | 10x | as long as short |
| HTX META-USDTlong | 0.000% | 0.0000% | 8h | $104K | $234K | 30x | |
| edgeX METAUSDC | +0.006% | +0.0367% | 4h | $57K | $323K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX META-USD | +0.007% | +0.0050% | 1h | $1.8M | $3.9M | 10x | as long as short |
| Extended META_24_5-USD | +0.012% | +0.0064% | 1h | $495K | $1.2M | 17x | as long as short |
| BloFin META-USDT | +0.015% | −0.0058% | 8h | $329K | $294K | 20x | as long as short |
| Hotstuff META-PERP | +0.019% | +0.0152% | 1h | $30K | — | 20x | as long as short |
| Ondo Perps META-USD.P | +0.022% | +0.0050% | 1h | $1.1M | $1.8M | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.028% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| KuCoin METAUSDTM | +0.029% | +0.0100% | 8h | $1.4M | $73K | 20x | as long as short |
| OKX META-USDT-SWAP | +0.031% | 0.0000% | 8h | $5.8M | $4.4M | 20x | as long as short |
| Polymarket Perps META-USD | +0.031% | +0.0059% | 1h | $624K | $388K | 10x | as long as short |
| SunX META-USDT | +0.031% | 0.0000% | 8h | $649 | $4.6M | 20x | as long as short |
| SoDEX META-USD | +0.034% | +0.0050% | 1h | $23K | $3K | 10x | as long as short |
| Paradex META-USD-PERP | +0.036% | +0.0059% | 8h | — | — | 5x | as long as short |
| Bybit METAUSDT | +0.038% | +0.0122% | 8h | $6.7M | $4.0M | 100x | as long as short |
| Nado META-PERP | +0.039% | +0.0063% | 1h | $427K | $55K | 20x | as long as short |
| Arcus META-USD | +0.041% | +0.0472% | 1h | $272K | $219K | 10x | as long as short |
| Bitget METAUSDT | +0.049% | +0.0012% | 8h | $4.7M | $3.9M | 100x | as long as short |
| Binance METAUSDTshort | +0.049% | +0.0059% | 8h | $24.2M | $37.0M | 20x | |
| Lighter RH META | +0.053% | +0.0032% | 1h | $931K | $1.6M | 20x | as long as short |
| Aftermath Perps METAUSD | +0.054% | +0.0046% | 1h | $39K | $44K | 10x | as long as short |
| tradeXYZ xyz:META | +0.057% | +0.0102% | 1h | $72.0M | $21.1M | 20x | as long as short |
| Phemex METAUSDT | +0.060% | 0.0000% | 4h | $1.8M | $4K | 10x | as long as short |
| Popdex METAUSDT | +0.068% | +0.0112% | 1h | $163K | $134K | 20x | as long as short |
| Phoenix META | +0.069% | +0.0211% | 1h | $254K | $145K | 20x | as long as short |
| Lighter META | +0.078% | +0.0136% | 1h | $690K | $1.6M | 20x | as long as short |
| Aster METAUSDT | +0.223% | 0.0000% | 8h | $451K | $7K | 20x | as long as short |