After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.058%7d average−0.007%fees + slippage, in and out−$25spread needed0.247%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX META-USDT | 742.42 | 0 | get 0.0000% / 8h | 5h 53m | $105K | $279K | 30x |
| Short | Lighter META | 742.85 | 0.0032 | get 0.0004% / 1h | 53m 01s | $855K | $2.4M | 20x |
HTX META-USDT
Lighter METAPrice 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
- $5.79
- Funding while held
- $0.96
- Slippage, 4 orders
- −$12.73
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.98
- Spread needed to break even
- 0.247%
Slippage from HTX: live order book, 45 min ago; Lighter: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.96
- 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 | 2.78 bp | 11.3 bp −$11 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.88 bp | 2.0 bp −$2 | 4.0 bp −$40 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Gate742.08cheapestDeribit742.35+0.036%Extended742.38+0.041%Phoenix742.39+0.042%Bybit742.41+0.044%Arcus742.41+0.044%SoDEX742.41+0.044%
Gate
Deribit
Extended
Phoenix
Bybit
Arcus
SoDEXHTX742.42+0.046%
Coinbase International742.43+0.047%KuCoin742.44+0.049%Paradex742.44+0.049%tradeXYZ742.45+0.050%Bitget742.45+0.050%Binance742.46+0.051%Aevo742.47+0.053%Popdex742.48+0.054%BloFin742.50+0.057%Aster742.51+0.058%OKX742.57+0.066%Hotstuff742.58+0.067%ApeX Omni742.59+0.069%Orderly742.59+0.069%QFEX742.60+0.070%SunX742.61+0.071%Ondo Perps742.65+0.077%Lighter RH742.67+0.080%Nado742.72+0.086%Polymarket Perps742.75+0.090%
Coinbase International
KuCoin
Paradex
tradeXYZ
Bitget
Binance
Aevo
Popdex
BloFin
Aster
OKX
Hotstuff
ApeX Omni
Orderly
QFEX
SunX
Ondo Perps
Lighter RH
Nado
Polymarket PerpsLighter742.85+0.104%
Vest743.17+0.147%Aftermath Perps743.27+0.161%Phemex743.54+0.197%edgeX743.68+0.215%Injective743.78+0.229%Variational Omni745.94+0.520%
Vest
Phemex
Injective
Variational OmniMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate META_USDT | −0.046% | 0.0000% | 8h | $341K | $4.5M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.009% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Extended META_24_5-USD | −0.005% | 0.0000% | 1h | $550K | $1.4M | 17x | as long as short |
| Phoenix META | −0.004% | 0.0000% | 1h | $274K | $618K | 20x | as long as short |
| Bybit METAUSDT | −0.001% | 0.0000% | 8h | $7.9M | $10.6M | 100x | as long as short |
| Arcus META-USD | −0.001% | +0.0478% | 1h | $270K | $302K | 10x | as long as short |
| SoDEX META-USD | −0.001% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| HTX META-USDTlong | 0.000% | 0.0000% | 8h | $105K | $279K | 30x | |
| Coinbase International META-PERP-INTX | +0.001% | +0.0048% | 1h | $632K | $6.3M | 10x | as long as short |
| KuCoin METAUSDTM | +0.003% | +0.0100% | 8h | $1.6M | $271K | 20x | as long as short |