After costs, if the gap returns to its 7d average, $10k−$165
spread now+0.044%7d average+0.042%fees + slippage, in and out−$165spread needed1.654%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX META-USDT | 711.85 | 0 | get 0.0000% / 8h | 1h 27m | $101K | $264K | 30x |
| Short | Phemex METAUSDT | 712.16 | −0.0155 | pay 0.0078% / 4h | 1h 27m | $1.9M | $4K | 10x |
HTX META-USDT
Phemex 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
- $4.35
- Funding while held
- −$4.66
- Slippage, 4 orders
- −$141.37
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$165.67
- Spread needed to break even
- 1.654%
Slippage from HTX: live order book, 25 min ago; Phemex: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0155%
- Per $10,000 a day
- −$4.66
- 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, 25 min ago | 20.41 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 21.92 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps710.70cheapestApeX Omni711.30+0.084%Hotstuff711.41+0.100%Deribit711.43+0.103%SoDEX711.54+0.118%Aevo711.64+0.133%tradeXYZ711.73+0.145%Orderly711.75+0.148%Paradex711.80+0.154%Lighter RH711.81+0.156%
Ondo Perps
ApeX Omni
Hotstuff
Deribit
SoDEX
Aevo
tradeXYZ
Orderly
Paradex
Lighter RHHTX711.85+0.162%
Arcus711.87+0.165%BloFin711.91+0.170%Coinbase International711.99+0.182%QFEX712.03+0.187%Aster712.04+0.189%Nado712.04+0.189%Lighter712.11+0.198%SunX712.14+0.203%
Arcus
BloFin
Coinbase International
QFEX
Aster
Nado
Lighter
SunXPhemex712.16+0.205%
Vest712.18+0.208%Gate712.20+0.211%Aftermath Perps712.28+0.222%Polymarket Perps712.29+0.224%Popdex712.31+0.227%Extended712.37+0.235%Bitget712.43+0.243%Variational Omni712.43+0.244%Phoenix712.51+0.255%KuCoin712.55+0.260%edgeX712.63+0.271%Binance712.87+0.305%OKX712.92+0.312%Bybit712.93+0.314%Injective713.75+0.429%
Vest
Gate
Polymarket Perps
Popdex
Extended
Bitget
Variational Omni
Phoenix
KuCoin
Binance
OKX
Bybit
InjectiveMETA 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 | −0.162% | +0.0050% | 1h | $918K | $2.3M | 10x | as long as short |
| ApeX Omni METAUSDT | −0.077% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Hotstuff META-PERP | −0.062% | −0.0032% | 1h | $32K | $105 | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.059% | 0.0000% | 1h | $29K | $246K | 10x | as long as short |
| SoDEX META-USD | −0.044% | +0.0050% | 1h | $23K | $3K | 10x | as long as short |
| Aevo META-PERP | −0.029% | +0.0104% | 1h | $256 | — | 10x | as long as short |
| tradeXYZ xyz:META | −0.017% | +0.0050% | 1h | $62.7M | $42.5M | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | −0.014% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Paradex META-USD-PERP | −0.008% | +0.0055% | 8h | — | — | 5x | as long as short |
| Lighter RH META | −0.006% | +0.0032% | 1h | $754K | $2.3M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX META-USDTlong | 0.000% | 0.0000% | 8h | $101K | $264K | 30x | |
| Arcus META-USD | +0.003% | +0.0356% | 1h | $283K | $241K | 10x | as long as short |
| BloFin META-USDT | +0.008% | −0.0100% | 8h | $343K | $419K | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.020% | +0.0080% | 1h | $683K | $4.4M | 10x | as long as short |
| QFEX META-USD | +0.025% | +0.0033% | 1h | $1.8M | $5.3M | 10x | as long as short |
| Aster METAUSDT | +0.027% | 0.0000% | 8h | $451K | $78K | 20x | as long as short |
| Nado META-PERP | +0.027% | +0.0033% | 1h | $441K | $69K | 20x | as long as short |
| Lighter META | +0.037% | +0.0032% | 1h | $702K | $2.0M | 20x | as long as short |
| SunX META-USDT | +0.041% | 0.0000% | 8h | $917 | $6.5M | 20x | as long as short |
| Phemex METAUSDTshort | +0.044% | −0.0155% | 4h | $1.9M | $4K | 10x | |
| Vest META-USD-PERP | +0.046% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Gate META_USDT | +0.049% | 0.0000% | 8h | $394K | $2.9M | 100x | as long as short |
| Aftermath Perps METAUSD | +0.060% | +0.0255% | 1h | $43K | $48K | 10x | as long as short |
| Polymarket Perps META-USD | +0.062% | +0.0050% | 1h | $648K | $465K | 10x | as long as short |
| Popdex METAUSDT | +0.065% | +0.0048% | 1h | $164K | $148K | 20x | as long as short |
| Extended META_24_5-USD | +0.073% | +0.0016% | 1h | $509K | $1.3M | 17x | as long as short |
| Bitget METAUSDT | +0.081% | 0.0000% | 8h | $4.9M | $5.6M | 100x | as long as short |
| Variational Omni META | +0.082% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Phoenix META | +0.093% | +0.0169% | 1h | $230K | $255K | 20x | as long as short |
| KuCoin METAUSDTM | +0.098% | +0.0100% | 8h | $1.5M | $122K | 20x | as long as short |
| edgeX METAUSDC | +0.109% | +0.0732% | 4h | $60K | $324K | 10x | as long as short |
| Binance METAUSDT | +0.143% | +0.0019% | 8h | $25.8M | $78.1M | 20x | as long as short |
| OKX META-USDT-SWAP | +0.150% | 0.0000% | 8h | $6.2M | $6.7M | 20x | as long as short |
| Bybit METAUSDT | +0.152% | +0.0015% | 8h | $6.6M | $6.5M | 100x | as long as short |
| Injective META/USDC PERP | +0.267% | +0.0147% | 1h | $162K | $164K | 30x | as long as short |