After costs, if the gap returns to its 7d average, $10k−$61
spread now+0.035%7d average+0.046%fees + slippage, in and out−$60spread needed0.601%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin METAUSDTM | 737.77 | 0.0100 | pay 0.0100% / 8h | 6h 29m | $1.5M | $207K | 20x |
| Short | Bybit METAUSDT | 738.03 | 0 | get 0.0000% / 8h | 6h 29m | $7.6M | $9.7M | 100x |
KuCoin METAUSDTM
Bybit 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
- $3.52
- Funding while held
- −$3
- Slippage, 4 orders
- −$37.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$59.6
- Spread needed to break even
- 0.601%
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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, 2 min ago | 6.92 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.22 bp | 11.3 bp −$11 | 20.1 bp −$201 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Phoenix737.29cheapestGate737.52+0.031%Aftermath Perps737.62+0.044%Variational Omni737.70+0.055%BloFin737.75+0.062%Ondo Perps737.76+0.064%
Phoenix
Gate
Variational Omni
BloFin
Ondo PerpsKuCoin737.77+0.065%
ApeX Omni737.78+0.066%tradeXYZ737.83+0.073%Coinbase International737.84+0.075%Nado737.89+0.081%Aster737.91+0.084%Lighter RH737.95+0.090%Paradex737.96+0.090%Binance738.00+0.096%Extended738.00+0.097%Hotstuff738.01+0.098%QFEX738.02+0.099%
ApeX Omni
tradeXYZ
Coinbase International
Nado
Aster
Lighter RH
Paradex
Binance
Extended
Hotstuff
QFEXBybit738.03+0.100%
Popdex738.03+0.100%Deribit738.04+0.102%Phemex738.04+0.102%Bitget738.05+0.103%HTX738.08+0.107%OKX738.12+0.113%SoDEX738.12+0.113%Lighter738.16+0.118%edgeX738.17+0.119%Aevo738.18+0.120%Polymarket Perps738.24+0.129%SunX738.25+0.130%Orderly738.35+0.144%Vest738.40+0.151%Arcus738.41+0.152%Injective739.27+0.269%
Popdex
Deribit
Phemex
Bitget
HTX
OKX
SoDEX
Lighter
Aevo
Polymarket Perps
SunX
Orderly
Vest
Arcus
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix META | −0.065% | +0.0055% | 1h | $252K | $513K | 20x | as long as short |
| Gate META_USDT | −0.034% | 0.0000% | 8h | $354K | $4.1M | 100x | as long as short |
| Aftermath Perps METAUSD | −0.021% | +0.0274% | 1h | $44K | $45K | 10x | as long as short |
| Variational Omni META | −0.010% | 0.0000% | 8h | $1.5M | $2.1M | — | as long as short |
| BloFin META-USDT | −0.003% | −0.0120% | 8h | $329K | $856K | 20x | as long as short |
| Ondo Perps META-USD.P | −0.001% | +0.0050% | 1h | $755K | $3.1M | 10x | as long as short |
| KuCoin METAUSDTMlong | 0.000% | +0.0100% | 8h | $1.5M | $207K | 20x | |
| ApeX Omni METAUSDT | +0.001% | +0.0100% | 1h | $135K | $57K | 50x | as long as short |
| tradeXYZ xyz:META | +0.008% | +0.0050% | 1h | $67.3M | $56.7M | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.009% | +0.0048% | 1h | $648K | $6.1M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado META-PERP | +0.016% | +0.0015% | 1h | $391K | $172K | 20x | as long as short |
| Aster METAUSDT | +0.019% | 0.0000% | 8h | $454K | $168K | 20x | as long as short |
| Lighter RH META | +0.024% | +0.0032% | 1h | $705K | $2.7M | 20x | as long as short |
| Paradex META-USD-PERP | +0.025% | +0.0051% | 8h | — | — | 5x | as long as short |
| Binance METAUSDT | +0.031% | 0.0000% | 8h | $25.8M | $127.5M | 20x | as long as short |
| Extended META_24_5-USD | +0.032% | 0.0000% | 1h | $549K | $1.4M | 17x | as long as short |
| Hotstuff META-PERP | +0.033% | +0.0024% | 1h | $33K | $105 | 20x | as long as short |
| QFEX META-USD | +0.034% | +0.0020% | 1h | $1.8M | $9.4M | 10x | as long as short |
| Bybit METAUSDTshort | +0.035% | 0.0000% | 8h | $7.6M | $9.7M | 100x | |
| Popdex METAUSDT | +0.035% | +0.0048% | 1h | $174K | $174K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.037% | 0.0000% | 1h | $28K | $266K | 10x | as long as short |
| Phemex METAUSDT | +0.037% | −0.0019% | 4h | $2.0M | $5K | 10x | as long as short |
| Bitget METAUSDT | +0.038% | 0.0000% | 8h | $5.7M | $8.2M | 100x | as long as short |
| HTX META-USDT | +0.042% | 0.0000% | 8h | $105K | $272K | 30x | as long as short |
| OKX META-USDT-SWAP | +0.047% | 0.0000% | 8h | $5.9M | $10.2M | 20x | as long as short |
| SoDEX META-USD | +0.047% | +0.0050% | 1h | $24K | $3K | 10x | as long as short |
| Lighter META | +0.053% | +0.0056% | 1h | $851K | $2.4M | 20x | as long as short |
| edgeX METAUSDC | +0.054% | +0.0396% | 4h | $62K | $327K | 10x | as long as short |
| Aevo META-PERP | +0.055% | +0.0104% | 1h | $266 | — | 10x | as long as short |
| Polymarket Perps META-USD | +0.064% | +0.0050% | 1h | $669K | $483K | 10x | as long as short |
| SunX META-USDT | +0.065% | 0.0000% | 8h | $918 | $9.3M | 20x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.079% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Vest META-USD-PERP | +0.085% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Arcus META-USD | +0.087% | +0.0325% | 1h | $269K | $298K | 10x | as long as short |
| Injective META/USDC PERP | +0.203% | +0.0220% | 1h | $168K | $101K | 30x | as long as short |