After costs, if the gap returns to its 7d average, $10k−$9
spread now+0.151%7d average−0.445%fees + slippage, in and out−$69spread needed0.687%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective META/USDC PERP | 743.78 | 0.0220 | pay 0.0028% / 1h | 54m 37s | $169K | $76K | 30x |
| Short | Coinbase International META-PERP-INTX | 744.90 | 0.0048 | get 0.0006% / 1h | 54m 37s | $637K | $6.4M | 10x |
Injective META/USDC PERP
Coinbase International META-PERP-INTXPrice 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
- $15.06
- Funding while held
- −$5.16
- Slippage, 4 orders
- −$58.67
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$58.79
- Spread needed to break even
- 0.687%
Slippage from Injective: live order book, 46 min ago; Coinbase International: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0172%
- Per $10,000 a day
- −$5.16
- 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, 46 min ago | 17.70 bp | 17.7 bp −$18 | 9883.1 bp −$98.8K | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 2.36 bp | 8.9 bp −$9 | 11.6 bp −$116 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps742.20cheapestGate742.32+0.016%Deribit742.35+0.020%Bybit742.42+0.030%KuCoin742.43+0.031%Popdex742.53+0.044%SoDEX742.53+0.044%Binance742.54+0.045%Hotstuff742.55+0.047%tradeXYZ742.56+0.049%Aster742.56+0.049%OKX742.62+0.057%Arcus742.62+0.057%BloFin742.62+0.057%Bitget742.65+0.061%Extended742.66+0.063%Paradex742.67+0.063%Aevo742.70+0.067%SunX742.73+0.071%QFEX742.75+0.074%Orderly742.77+0.077%Polymarket Perps742.88+0.092%Lighter RH742.91+0.096%HTX743.06+0.116%Lighter743.14+0.127%Phoenix743.21+0.136%Vest743.47+0.171%Phemex743.73+0.206%
Ondo Perps
Gate
Deribit
Bybit
KuCoin
Popdex
SoDEX
Binance
Hotstuff
tradeXYZ
Aster
OKX
Arcus
BloFin
Bitget
Extended
Paradex
Aevo
SunX
QFEX
Orderly
Polymarket Perps
Lighter RH
HTX
Lighter
Phoenix
Vest
PhemexInjective743.78+0.213%
Aftermath Perps743.89+0.228%ApeX Omni744.12+0.259%edgeX744.37+0.292%
ApeX OmniCoinbase International744.90+0.364%
Nado745.25+0.411%Variational Omni745.94+0.504%
Nado
Variational OmniMETA 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 | −0.212% | +0.0050% | 1h | $757K | $3.3M | 10x | as long as short |
| Gate META_USDT | −0.196% | 0.0000% | 8h | $341K | $4.5M | 100x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.192% | −0.0046% | 1h | $28K | $266K | 10x | as long as short |
| Bybit METAUSDT | −0.183% | 0.0000% | 8h | $7.9M | $10.6M | 100x | as long as short |
| KuCoin METAUSDTM | −0.182% | +0.0100% | 8h | $1.6M | $271K | 20x | as long as short |
| Popdex METAUSDT | −0.168% | +0.0048% | 1h | $172K | $184K | 20x | as long as short |
| SoDEX META-USD | −0.168% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Binance METAUSDT | −0.167% | 0.0000% | 8h | $26.7M | $141.1M | 20x | as long as short |
| Hotstuff META-PERP | −0.165% | +0.0184% | 1h | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | −0.164% | +0.0050% | 1h | $71.4M | $73.3M | 20x | as long as short |