After costs, if the gap returns to its 7d average, $10k−$64
spread now+0.065%7d average+0.017%fees + slippage, in and out−$68spread needed0.684%
| 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 28m | $101K | $264K | 30x |
| Short | Popdex METAUSDT | 712.31 | 0.0048 | get 0.0006% / 1h | 28m 02s | $164K | $148K | 20x |
HTX META-USDT
Popdex 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
- $6.46
- Funding while held
- $1.44
- Slippage, 4 orders
- −$50.02
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$60.52
- Spread needed to break even
- 0.684%
Slippage from HTX: live order book, 25 min ago; Popdex: live order book, 27 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.44
- 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 Popdex live order book, 27 min ago | 1.61 bp | 9.1 bp −$9 | 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%Extended711.51+0.115%Gate711.53+0.117%SoDEX711.54+0.118%Aevo711.64+0.133%KuCoin711.66+0.135%tradeXYZ711.73+0.145%Orderly711.75+0.148%Paradex711.80+0.154%Lighter RH711.81+0.156%
Ondo Perps
ApeX Omni
Hotstuff
Deribit
Extended
Gate
SoDEX
Aevo
KuCoin
tradeXYZ
Orderly
Paradex
Lighter RHHTX711.85+0.162%
Bybit711.87+0.165%Arcus711.87+0.165%BloFin711.91+0.170%Coinbase International711.99+0.182%QFEX712.03+0.187%Aster712.04+0.189%Bitget712.04+0.189%Nado712.04+0.189%Lighter712.11+0.198%SunX712.14+0.203%Phemex712.16+0.205%Vest712.18+0.208%Aftermath Perps712.28+0.222%Polymarket Perps712.29+0.224%
Bybit
Arcus
BloFin
Coinbase International
QFEX
Aster
Bitget
Nado
Lighter
SunX
Phemex
Vest
Polymarket PerpsPopdex712.31+0.227%
Binance712.33+0.229%OKX712.34+0.231%Variational Omni712.43+0.244%Phoenix712.51+0.255%edgeX712.63+0.271%Injective713.75+0.429%
Binance
OKX
Variational Omni
Phoenix
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 |
| Extended META_24_5-USD | −0.047% | +0.0016% | 1h | $509K | $1.3M | 17x | as long as short |
| Gate META_USDT | −0.045% | 0.0000% | 8h | $394K | $2.9M | 100x | 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 |
| KuCoin METAUSDTM | −0.027% | +0.0100% | 8h | $1.5M | $122K | 20x | as long as short |
| tradeXYZ xyz:META | −0.017% | +0.0050% | 1h | $62.7M | $42.5M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 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 |
| HTX META-USDTlong | 0.000% | 0.0000% | 8h | $101K | $264K | 30x | |
| Bybit METAUSDT | +0.003% | +0.0015% | 8h | $6.6M | $6.5M | 100x | as long as short |
| 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 |
| Bitget METAUSDT | +0.027% | 0.0000% | 8h | $4.8M | $5.6M | 100x | 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 METAUSDT | +0.044% | −0.0155% | 4h | $1.9M | $4K | 10x | as long as short |
| Vest META-USD-PERP | +0.046% | +0.0046% | 1h | — | $6K | 25x | 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 METAUSDTshort | +0.065% | +0.0048% | 1h | $164K | $148K | 20x | |
| Binance METAUSDT | +0.067% | +0.0019% | 8h | $25.7M | $77.9M | 20x | as long as short |
| OKX META-USDT-SWAP | +0.069% | 0.0000% | 8h | $6.1M | $6.7M | 20x | 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 |
| edgeX METAUSDC | +0.109% | +0.0732% | 4h | $60K | $324K | 10x | as long as short |
| Injective META/USDC PERP | +0.267% | +0.0147% | 1h | $162K | $164K | 30x | as long as short |