After costs, if the gap returns to its 7d average, $10k+$17
spread now+1.038%7d average+0.045%fees + slippage, in and out−$82spread needed0.822%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METAUSDTM | 682.76 | 0.0100 | pay 0.0100% / 8h | 2h 28m | $1.4M | $73K | 20x |
| Short | Binance METAUSDT | 689.85 | 0.0060 | get 0.0060% / 8h | 2h 28m | $24.5M | $39.6M | 20x |
KuCoin METAUSDTM
Binance 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
- $103.84
- Funding while held
- −$1.19
- Slippage, 4 orders
- −$60.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $20.45
- Spread needed to break even
- 0.822%
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0040%
- Per $10,000 a day
- −$1.19
- 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 KuCoin live order book, 3 min ago | 6.76 bp | 24.5 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.07 bp | 7.2 bp −$7 | 12.5 bp −$125 | 45.1 bp −$4,514 | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Injective679.78cheapestApeX Omni680.26+0.071%edgeX680.29+0.075%Variational Omni680.39+0.090%Phoenix680.65+0.128%Aftermath Perps681.97+0.322%
Injective
ApeX Omni
Variational Omni
PhoenixKuCoin682.76+0.438%
HTX686.67+1.014%Phemex687.03+1.067%BloFin688.68+1.309%Vest688.75+1.320%Ondo Perps689.30+1.400%Coinbase International689.38+1.412%Lighter RH689.75+1.467%
HTX
Phemex
BloFin
Vest
Ondo Perps
Coinbase International
Lighter RHBinance689.85+1.481%
Hotstuff689.93+1.493%Lighter689.99+1.502%Aster690.01+1.504%Paradex690.05+1.510%Arcus690.10+1.518%Popdex690.17+1.528%Gate690.33+1.552%Nado690.37+1.557%SoDEX690.39+1.561%QFEX690.58+1.589%Deribit690.58+1.589%OKX690.61+1.593%tradeXYZ690.64+1.598%Bybit690.69+1.605%Polymarket Perps690.76+1.615%Aevo690.78+1.619%Orderly690.79+1.620%Bitget690.81+1.623%Extended690.92+1.638%SunX693.43+2.008%
Hotstuff
Lighter
Aster
Paradex
Arcus
Popdex
Gate
Nado
SoDEX
QFEX
Deribit
OKX
tradeXYZ
Bybit
Polymarket Perps
Aevo
Orderly
Bitget
Extended
SunXMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective META/USDC PERP | −0.436% | +0.0220% | 1h | $205K | $149K | 30x | as long as short |
| ApeX Omni METAUSDT | −0.366% | +0.0100% | 1h | $83K | $34K | 50x | as long as short |
| edgeX METAUSDC | −0.362% | +0.0367% | 4h | $57K | $323K | 10x | as long as short |
| Variational Omni META | −0.347% | 0.0000% | 8h | $1.6M | $1.1M | — | as long as short |
| Phoenix META | −0.309% | +0.0211% | 1h | $254K | $145K | 20x | as long as short |
| Aftermath Perps METAUSD | −0.116% | +0.0042% | 1h | $39K | $44K | 10x | as long as short |
| KuCoin METAUSDTMlong | 0.000% | +0.0100% | 8h | $1.4M | $73K | 20x | |
| HTX META-USDT | +0.573% | 0.0000% | 8h | $101K | $262K | 30x | as long as short |
| Phemex METAUSDT | +0.625% | 0.0000% | 4h | $1.8M | $4K | 10x | as long as short |
| BloFin META-USDT | +0.867% | −0.0061% | 8h | $333K | $304K | 20x | as long as short |