After costs, if the gap returns to its 7d average, $10k−$61
spread now−0.104%7d average−0.230%fees + slippage, in and out−$73spread needed0.733%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective META/USDC PERP | 725.65 | 0.0220 | pay 0.0028% / 1h | 45m 44s | $165K | $135K | 30x |
| Short | Binance METAUSDT | 724.90 | 0 | get 0.0000% / 8h | 7h 45m | $25.6M | $106.5M | 20x |
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
- −$10.38
- Funding while held
- −$6.6
- Slippage, 4 orders
- −$63.29
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$90.3
- Spread needed to break even
- 0.733%
Slippage from Injective: live order book, 65 min ago; Binance: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0220%
- Per $10,000 a day
- −$6.60
- 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 Injective live order book, 65 min ago | 19.07 bp | 19.1 bp −$19 | 9886.1 bp −$98.9K | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.28 bp | 5.8 bp −$6 | 13.5 bp −$135 | 50.2 bp −$5,022 | 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 | |
|---|---|---|---|---|---|---|---|
| Ondo Perps META-USD.P | −0.402% | +0.0050% | 1h | $847K | $2.7M | 10x | as long as short |
| edgeX METAUSDC | −0.322% | +0.0308% | 4h | $61K | $325K | 10x | as long as short |
| ApeX Omni METAUSDT | −0.303% | +0.0100% | 1h | $133K | $56K | 50x | as long as short |
| Aftermath Perps METAUSD | −0.221% | +0.0228% | 1h | $43K | $47K | 10x | as long as short |
| OKX META-USDT-SWAP | −0.189% | 0.0000% | 8h | $5.8M | $9.3M | 20x | as long as short |
| Arcus META-USD | −0.179% | +0.0040% | 1h | $280K | $275K | 10x | as long as short |
| Phoenix META | −0.141% | +0.0100% | 1h | $282K | $361K | 20x | as long as short |
| Bybit METAUSDT | −0.106% | 0.0000% | 8h | $7.6M | $8.6M | 100x | as long as short |
| Binance METAUSDTshort | −0.104% | 0.0000% | 8h | $25.6M | $106.5M | 20x | |
| Lighter META | −0.101% | +0.0032% | 1h | $697K | $2.2M | 20x | as long as short |
Injective META/USDC PERP
Binance METAUSDT
ApeX Omni
OKX
Phoenix
Bybit
Lighter
Lighter RH
Coinbase International
tradeXYZ
Phemex
Paradex
Gate
BloFin
KuCoin
Extended
Aster
Popdex
HTX
SoDEX
Deribit
Bitget
Variational Omni
Polymarket Perps
SunX